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Today’s Date
3 May 2024
Finance
Why Banks Made More Money Last Quarter
by
KEN SWEET, AP Business Writer
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Apr 17, 2015
NEW YORK (AP) — Wall Street and Main Street gave banks a boost last quarter. Fees from corporate mergers and commissions from trading fueled profits at big financial firms. But average Americans also helped by taking...
China: New Bank to Enhance Finance System
by
MATTHEW PENNINGTON, Associated Press
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Apr 17, 2015
WASHINGTON (AP) — China’s proposed infrastructure bank for Asia is intended to complement, not replace, existing lenders dominated by the U.S. and Japan, a senior Chinese official said Friday. Vice Finance Minister Zhu Guangyao said after...
Survey Says Economy Slowing in Rural Areas
by
ASSOCIATED PRESS
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Apr 16, 2015
OMAHA, Neb. (AP) — The economic outlook for rural areas of 10 states in the Plains and the West remained negative in April even though it improved slightly from the previous month. Creighton University’s Rural Mainstreet...
US Stocks Give Up Afternoon Gain, Close Lower
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ASSOCIATED PRESS
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Apr 16, 2015
NEW YORK (AP) — Stocks are giving up an afternoon gain and ending the day slightly lower. The Dow Jones industrial average fell six points to close at 18,105 Thursday. The Standard & Poor’s 500 index...
Stocks Struggle Higher in Afternoon Trading
by
MATTHEW CRAFT, AP Business Writer
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Apr 16, 2015
NEW YORK (AP) — Major stock indexes flipped from losses to gains Thursday afternoon following a rebound in crude oil prices. Major markets in Europe finished with losses amid renewed concerns that Greece could default on...
Online Marketplace Etsy Stock Surges in Debut
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ASSOCIATED PRESS
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Apr 16, 2015
NEW YORK (AP) — Shares of online crafts marketplace Etsy are surging in its debut as publicly traded company. That shows there is demand on Wall Street for Etsy stock. Shares priced at $16 late on...
Stocks Lower in Early Trading, Netflix Soars
by
ASSOCIATED PRESS
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Apr 16, 2015
NEW YORK (AP) — U.S. stocks are heading lower as more big companies turn in earnings. European indexes fell Thursday amid renewed concerns over Greece’s future in the euro currency union. KEEPING SCORE: The Dow Jones...
Greece Grows Closer to Catastrophic Default
by
DEREK GATOPOULOS, Associated Press
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Apr 16, 2015
ATHENS, Greece (AP) — By the day, Greece is getting closer to a potentially catastrophic debt default that could force it out of the euro bloc. All it needs to avoid that fate is a deal...
Citigroup’s Earnings Beat Analysts’ Estimates
by
KEN SWEET, AP Business Writer
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Apr 16, 2015
NEW YORK (AP) — Citigroup said its first-quarter net income rose 21 percent as the company continued to slim down its operations and control expenses. The bank earned $4.8 billion, or $1.51 share, in the first...
Pope’s Finance Czar Moves Out of Vatican Bank
by
NICOLE WINFIELD, Associated Press
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Apr 15, 2015
VATICAN CITY (AP) — Pope Francis’ finance minister is on the move, literally. Four months after he raised eyebrows by taking up residence in the Vatican bank, Cardinal George Pell is moving out and into the...
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