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Today’s Date
26 April 2024
Finance
Noting Slower Growth, Fed Keeps Rates on Hold
by
MARTIN CRUTSINGER, AP Economics Writer
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Apr 29, 2015
WASHINGTON (AP) — The Federal Reserve has downgraded its assessment of the economy after a winter in which growth nearly stopped. The Fed offered no sign that a rate increase might be coming soon. On a...
Stocks Drop as Economy Grows at Meager Pace
by
STEVE ROTHWELL, AP Markets Writer
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Apr 29, 2015
NEW YORK (AP) — U.S. stocks dropped Wednesday following news that the economy skidded to a near halt in the first three months of the year, battered by harsh weather, plunging exports and sharp cutbacks in...
Asia Stocks Fall as Investors Brace for Weak Data
by
KELVIN CHAN, Associated Press
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Apr 28, 2015
HONG KONG (AP) — Asian stocks sank Wednesday as investors braced for a U.S. growth report and Fed policy statement that are expected to provide the latest signs of slowing momentum in the world’s biggest economy....
Stocks Up at Midday; Investors Await Results
by
ASSOCIATED PRESS
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Apr 27, 2015
NEW YORK (AP) — U.S. stocks are barely higher at midday as investors look ahead to Apple’s results later today and a meeting by the Federal Reserve on interest rates. The Dow Jones industrial average rose...
Change to Greek Bailout Team Fuels Hopes
by
ASSOCIATED PRESS
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Apr 27, 2015
ATHENS, Greece (AP) — Greece reshuffled its bailout negotiating team on Monday following fierce criticism of its finance minister, meeting with market applause as investors hoped it will facilitate a deal to save the country from...
Eurozone Hopes Greek Criticism Bears Fruit
by
PAN PYLAS, Associated Press
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Apr 25, 2015
RIGA, Latvia (AP) — Greece’s European creditors sought to douse talk that they are making plans for a potential Greek exit from the euro and expressed hope Saturday that recent criticism may prompt the country to...
London Man May Have Triggered ‘Flash Crash’
by
BERNARD CONDON, AP Business Writer
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Apr 25, 2015
NEW YORK (AP) — He operated from a modest suburban London home he shared with his parents, far from the city’s glamorous financial center. He used off-the-shelf software anyone can buy. Yet, if U.S. authorities are...
Stocks Rise on Earnings; Nasdaq Adds to Record
by
KEN SWEET, AP Business Writer
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Apr 24, 2015
NEW YORK (AP) — Stock indexes edged higher Friday, helped by gains in big technology companies including Google, Amazon and Microsoft. KEEPING SCORE: The Standard & Poor’s 500 index rose six points, or 0.3 percent, to...
Nasdaq Record: A Look at Then and Now
by
STEVE ROTHWELL, AP Markets Writer
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Apr 23, 2015
NEW YORK (AP) — Fifteen years after peaking during the dot-com boom, the Nasdaq composite has reached a new all-time high. But this isn’t the Nasdaq of Pets.com and Webvan, when companies were valued on “cash...
Strong Dollar Squeezes Company Earnings
by
ASSOCIATED PRESS
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Apr 23, 2015
NEW YORK (AP) — Procter & Gamble and Facebook have nothing in common. One deals in razors and toothpaste, the other in likes, self-promotion and embarrassing family photos. But this week, they shared the same problem:...
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