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Today’s Date
8 May 2024
Finance
Stocks Advance on Jobs Report, UK Elections
by
KEN SWEET, AP Business Writer
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May 8, 2015
NEW YORK (AP) — U.S. stocks jumped in morning trading Friday, helped by a report that showed employers were still hiring workers at a steady pace. Foreign markets were also rising following the results of the...
Yellen Spooks Markets Over Stock Valuations
by
ASSOCIATED PRESS
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May 7, 2015
LONDON (AP) — Stock markets around the world suffered broad-based losses Thursday after the U.S. Federal Reserve chief suggested that share prices are generally overvalued. KEEPING SCORE: France’s CAC 40 lost 0.9 percent to 4,938 while...
US Stock Indexes Edge Higher Day After Drop
by
KEN SWEET, AP Business Writer
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May 7, 2015
NEW YORK (AP) — U.S. stocks edged higher in midday trading Thursday, but investors remained cautious following comments a day earlier from Federal Reserve Chair Janet Yellen, who suggested that stock prices might be too high....
Lending Club Jumps as Online Lending Grows
by
KEN SWEET, AP Business Writer
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May 6, 2015
NEW YORK (AP) — Everyone wants in the Club. Shares of Lending Club advanced 3 percent Wednesday after the company reported better-than-expected results and raised its full-year outlook as more people discover peer-to-peer lending as a...
‘Flash Crash’ Trader: I Was Just Good at My Job
by
ASSOCIATED PRESS
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May 6, 2015
LONDON (AP) — A British financial trader accused of helping to set off a “flash crash” on Wall Street in 2010 from his London home claimed Wednesday he was just good at his job as he...
US Stocks Slip After Weak Job Data; Oil Up
by
ASSOCIATED PRESS
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May 6, 2015
NEW YORK (AP) — U.S. stocks fell broadly in early trading Wednesday after the release of weak U.S. economic reports. Oil prices rose, helping drillers and other energy companies move higher. Eight of the 10 industry...
US Stocks Sink as Oil Price Jumps Above $60
by
MATTHEW CRAFT, AP Business Writer
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May 5, 2015
NEW YORK (AP) — A combination of concerns knocked the U.S. stock market lower Tuesday, snapping a two-day run. Crude oil climbed above $60 a barrel for the first time this year, raising expectations for rising...
Australian Stocks Rise as Investors Await Cut
by
KELVIN CHAN, Associated Press
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May 4, 2015
HONG KONG (AP) — Australian stocks rose Tuesday as investors anticipated an interest rate cut by the country’s central bank while trading elsewhere in the region was mixed as two major markets were closed. KEEPING SCORE:...
US Stocks Open Higher, Back to Record Levels
by
STEVE ROTHWELL, AP Markets Writer
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May 4, 2015
NEW YORK (AP) — U.S. stocks opened higher Monday, pushing stocks to record levels, as investors assessed corporate earnings. A promise by China’s leaders to shore up growth and hopes of progress in Greece’s bailout talks...
US Factory Activity Improves, Hiring Declines
by
JOSH BOAK, AP Economics Writer
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May 1, 2015
WASHINGTON (AP) — U.S. factories expanded in April at the same pace as in March, but manufacturers are starting to curtail hiring in a possible sign of weakness. The Institute for Supply Management, a trade group...
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