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Today’s Date
9 May 2024
Finance
As Chinese Yuan Falls, No Cause for Alarm
by
PAUL WISEMAN, AP Economics Writer
-
Aug 12, 2015
WASHINGTON (AP) — A free-falling Chinese currency could make China’s goods cheaper for foreigners, squeeze Western companies, discourage Chinese tourism, increase China’s exports and complicate the Federal Reserve’s decision on whether to raise American interest rates....
Stocks Drop After Positive Jobs Report
by
KEN SWEET, AP Business Writer
-
Aug 7, 2015
NEW YORK (AP) — U.S. stocks fell in mid-morning Friday, after a solid jobs report kept alive the possibly that the Federal Reserve will raise interest rates as soon as next month. Bonds with shorter maturities...
US Stocks Edge Lower in Early Trading
by
ASSOCIATED PRESS
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Aug 6, 2015
NEW YORK (AP) — U.S. stocks are edging modestly lower in early trading as investors look over the latest deal and earnings news. Keurig Green Mountain plunged 28 percent Thursday after the maker of single-serve coffee...
Former Wilmington Trust President Indicted
by
RANDALL CHASE, Associated Press
-
Aug 5, 2015
DOVER, Del. (AP) — The former president of Wilmington Trust and three other former bank executives have been indicted on fraud and conspiracy charges in an ongoing federal investigation into the collapse of the century-old financial...
Stocks Rise as Earnings Priceline, Others Gain
by
ASSOCIATED PRESS
-
Aug 5, 2015
NEW YORK (AP) — U.S. stocks are rising in early trading, shaking off a three-day slump, as the latest round of company earnings news brought several positive surprises. Strong results from First Solar and Priceline sent...
US Stocks Waver Between Gains and Losses
by
STEVE ROTHWELL, AP Markets Writer
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Aug 4, 2015
NEW YORK (AP) — U.S. stocks moved between small gains and losses on Tuesday as investors assessed the latest company earnings reports and deal news. Allstate slumped after the insurance company reported earnings that missed analysts’...
Stock Open Lower After Weak Company Results
by
KEN SWEET, AP Business Writer
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Jul 30, 2015
NEW YORK (AP) — Stocks declined in early trading Thursday, following disappointing results from several big companies including Procter & Gamble and Facebook. A positive report on U.S. economic growth did little to help the market....
Fed Holds Rates Steady, Seeks Further Gains
by
MARTIN CRUTSINGER, AP Economics Writer
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Jul 29, 2015
WASHINGTON (AP) — The Federal Reserve appears on track to raise interest rates later this year but signaled Wednesday that it wants to see further economic gains and higher inflation before doing so. A statement from...
US Stocks Continue to Slump; China Plunges
by
KEN SWEET, AP Business Writer
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Jul 27, 2015
NEW YORK (AP) — Stocks fell broadly around the globe on Monday, a reaction to a steep drop in the Chinese market overnight. The losses follow declines in U.S. markets last week, when the three major...
Greece Launches Talks With Plan B Details
by
JASON JUMP, M3 Publishing Editor
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Jul 27, 2015
ATHENS, Greece (AP) — Greece’s government on Monday launched complex bailout negotiations with creditors, but faced rebuke following revelations that former finance minister, Yanis Varoufakis, formed a secret committee to plan for the possible conversion of...
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