Business/Finance :: Finance
Stock Indexes Head Higher in Afternoon Trading
The stock market turned higher Tuesday as investors banked on continued policy support from the Federal Reserve. Two big retailers also topped Wall Street expectations for the most recent quarter.
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Rising Consumer Demands Aids Organic Industry Sway
The organic food industry is gaining influence on Capitol Hill, prompted by its entry into traditional farm states and by increasing consumer demand.
Stocks Rise on Hopeful Signs for the US Economy
Encouraging news about the U.S. economy helped push stock prices higher on Wall Street Friday.
Stocks Edge Higher in Early Trading on Wall Street
Stock indexes are moving higher in early trading on Wall Street as a record-breaking advance on the stock market got moving again.
Report: Detroit’s Finances Crumbling; Future Bleak
Detroit is broke and faces a bleak future given the precarious financial path it’s on, according to a new report out by the city’s state-appointed emergency manager.
US Retail Sales Rise in April on Cars, Clothing
Americans increased their spending in April at retail businesses, buying more cars and clothes while paying less for gas. The rebound from a weak March suggests consumers may help boost economic growth again this spring.
Dollar Rises Above 100 Yen for 1st Time in 4 years
The dollar soared above 100 yen for the first time in more than four years Friday, driven by aggressive credit-easing aimed at reviving Japan’s sluggish economy and improved U.S. economic figures.
IMS: US Medicine Spending Shows Rare Dip in 2012
Spending on prescription medicines in the U.S. fell for the first time in decades last year, slipping as cash-strapped consumers continued to cut back on use of health care services.
Stocks Ease as Earnings Fall, Day After Dow Record
Stocks are edging lower on Wall Street in early trading, a day after the Dow Jones industrial average closed above 15,000 for the first time.
UN: Global Youth Unemployment Rate is Rising
Youth unemployment is likely to rise globally to 12.8 percent by 2018, wiping out gains made in the recent economic recovery, the U.N.’s labor office said Wednesday.
US Job Postings Fell in March; Hiring Slowed
U.S. employers posted fewer job openings in March compared with February and slowed overall hiring, underscoring a weak month of job growth.
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