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Today’s Date
6 May 2024
Finance
Japan Stocks Drift After Weak US Earnings
by
ASSOCIATED PRESS
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May 1, 2015
Japanese stocks drifted Friday after weak U.S. earnings underlined an uncertain economic outlook and dented Wall Street. Most Asian and European markets were closed for Labour Day. KEEPING SCORE: Japan’s Nikkei 225 closed up 0.1 percent...
Americans Spending More Pay on Housing
by
JOSH BOAK, AP Economics Writer
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May 1, 2015
WASHINGTON (AP) — The surging cost of rental housing has squeezed a rising proportion of U.S. families since the Great Recession struck in 2007. For more than one in four renters, housing and utilities consume at...
General Motors April Sales Rise 5.9 Percent
by
ASSOCIATED PRESS
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May 1, 2015
DETROIT (AP) — General Motors says its U.S. sales last month rose 5.9 percent as Americans snapped up small and midsize SUVs. The Detroit company says it sold just over 269,000 cars and trucks last month,...
US Stocks Bouncing Back, Opens Higher
by
ASSOCIATED PRESS
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May 1, 2015
NEW YORK (AP) — U.S. stocks are moving higher in early trading as the market bounces back from a steep decline the day before. Athenahealth, which makes billing and medical software, rose early Friday after reporting...
House to Adopt Compromise GOP Budget
by
ANDREW TAYLOR, Associated Press
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Apr 30, 2015
WASHINGTON (AP) — The House moved quickly Thursday on a compromise GOP budget that promises to speed repeal of the new health care law while calling for a major budget hike for the Pentagon. The non-binding...
Stocks Stabilize in Europe After Global Drop
by
ELAINE KURTENBACH, Associated Press
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Apr 30, 2015
TOKYO (AP) — World stock markets stabilized in European trading hours on Thursday after falling globally in reaction to weak U.S. economic figures. KEEPING SCORE: Britain’s FTSE 100 rose almost 0.1 percent to 6,949.76 while France’s...
Stocks Open Lower as Investors Assess Earnings
by
STEVE ROTHWELL, AP Markets Writer
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Apr 30, 2015
NEW YORK (AP) — U.S. stocks opened lower in early trading Thursday as investors assessed the latest corporate earnings. Harman International, which makes audio systems for cars, and Yelp, an online listing company, fell sharply after...
Exxon’s 1Q Profit Falls 46 Percent as Prices Fall
by
ASSOCIATED PRESS
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Apr 30, 2015
IRVING, Texas (AP) — Lower oil prices pushed Exxon Mobil Corp.’s first-quarter profit down 46 percent, but the results still beat Wall Street expectations. Exxon said Thursday that it earned $4.94 billion — a huge sum...
Poor Batch of Earnings Send Stocks Lower
by
ASSOCIATED PRESS
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Apr 30, 2015
NEW YORK (AP) — A weak batch of earnings reports is sending the stock market slightly lower in early trading. Harman International, which makes audio systems for cars, Varian Medical Systems and Celgene all dropped in...
Report to Show Stumbling Start for Economy
by
MARTIN CRUTSINGER, AP Economics Writer
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Apr 29, 2015
WASHINGTON (AP) — It was likely a winter of discontent for the U.S. economy. The Commerce Department on Wednesday will release its first estimate of growth in the January-March period. All signs point to a disappointing...
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