finance
This user hasn't shared any profile information
Organizers meet to create $100b climate fund
JOHN HEILPRIN,Associated Press In an Aug. 7, 2012 photo, an Avalanche Lily pushes through the snow in Ellensburg, Wa. The plant is one of the early bloomers in spring and may be among the most sensitive to rising More...
US new-home sales rise to match 2-year high
CHRISTOPHER S. RUGABER,AP Economics Writer WASHINGTON (AP) — Sales of new homes in the United States rose 3.6 percent in July to match a two-year high reached in May, the latest sign of a steady recovery in the More...
Average on 30-year US mortgage up to 3.66 percent
MARCY GORDON,AP Business Writer WASHINGTON (AP) — Average U.S. rates on fixed mortgages have risen for a fourth straight week, remaining slightly above record lows. Cheap mortgages have helped fuel a modest housing More...
Stocks open lower after jobless claims rise
CHRISTINA REXRODE,AP Business Writer In a Wednesday, Aug. 15, 2012, file photo, specialist Joseph Mastrolia, center, works with traders on the floor of the New York Stock Exchange. Stocks climbed back from lows More...
Rise in US home sales reflects steady improvement
CHRISTOPHER S. RUGABER,AP Economics Writer In this photo taken Tuesday, July 17, 2012, a single family home is for sale in the Hollywood area of Los Angeles. Americans bought more homes in July than in June and More...
Stocks lower ahead of Fed; home sales improve
PALLAVI GOGOI,AP Business Writer In a Thursday, Aug. 9, 2012, file photo, trader Randy Beller, right, works on the floor of the New York Stock Exchange. The Standard & Poor's 500 index touched its highest More...
33M Americans plan to travel over Labor Day
With 33 million american tourists on labor day, SW MO should see a lot of traffic. NEW YORK (AP) — Americans plan to hit the road this Labor Day weekend despite rising gas prices. Thirty three million people More...
TransUnion: Late auto-loan payments fall in 2Q
ALEX VEIGA,AP Business Writer LOS ANGELES (AP) — More Americans are making their car payments on time, a trend that has sent the rate of overdue auto loans to the lowest level on records dating back more than More...
Oil resumes upward march, tops $97 per barrel
The Associated Press In this Thursday, Aug. 16, 2012, file photo, gas prices are advertised at a Sunoco gas station and market in Lapeer, Mich. U.S. drivers are paying an average of $3.72 per gallon on Monday, Aug. More...
Going public: Key developments in Facebook’s IPO
The Associated Press A Facebook worker waits for friends to arrive outside of Facebook headquarters in Menlo Park, Calif., Friday, Aug. 17, 2012. Facebook stock is trading at $19 and has lost half its market value More...
Groupon stock caps off a week of lows
Groupon stock shows low quarterly report NEW YORK (AP) — Another day, another low for Groupon’s stock. The online deals company issued a lackluster quarterly report after the market closed on Monday. Since More...
Facebook stock drops below $19, half of IPO price
NEW YORK (AP) — Facebook’s beleaguered stock has lost more than half of its value since its initial public offering three months ago. Facebook Inc.’s stock slid 7 cents to $18.98 in morning trading More...
Hall of Famer Eddie Murray settles insider-trading case
MARCY GORDON,AP Business Writer In this Aug. 11, 2012 file photo, former Baltimore Oriole Eddie Murray speaks at a ceremony to unveil a statue in his likeness before a baseball game between the Orioles and the Kansas More...
Treasury changes Fannie and Freddie bailout deal
MARTIN CRUTSINGER,AP Economics Writer WASHINGTON (AP) — The government is changing the terms of its bailout agreement with Fannie Mae and Freddie Mac in a way that will shrink the holdings of the two mortgage More...
Stocks up slightly on strong retail results
JOSHUA FREED,AP Business Writer In this Aug. 15, 2012 file photo, specialists Thomas Bishop, left, and Michael Pistillo work at their post on the floor of the New York Stock Exchange. Stock futures were relatively More...
Apple stock hits new high after 4-month dip
PETER SVENSSON,AP Technology Writer NEW YORK (AP) — Apple’s stock hit a new high Friday after a four-month swoon, as investors look ahead to the release of a new iPhone and possibly a smaller iPad. Already More...
Facebook hits new low as IPO lock-up ends
NEW YORK (AP) — Facebook’s stock plunged to an all-time low Thursday after the expiration of a lock-up period that has provided some early investors and insiders with an opportunity to exit. Firms ranging More...
Homebuilder confidence at 5-year-high in US
ALEX VEIGA,AP Real Estate Writer LOS ANGELES (AP) — U.S. homebuilders grew more confident in the housing recovery in August, as many reported that prospects for sales are the best they’ve been since the More...
Deere shows effects of slowing economic growth
SAMANTHA BOMKAMP,AP Business Writer In this April 2, 2012 photo, Derek Long uses a John Deere tractor to disk and cultivate a field in preparation for planting corn in Loami, Ill. A slowing global economy and the More...
US retail sales rose solid 0.8 percent in July
MARTIN CRUTSINGER,AP Economics Writer AP Photo/Steven Senne) WASHINGTON (AP) — Americans boosted their spending at retail businesses in July by the largest amount in five months, a surge that could help lift the More...
Fannie Mae posts $2.2B net gain for Q2
MARCY GORDON,AP Business Writer In a Monday, Aug. 8, 2011 file photo, the Fannie Mae headquarters is seen in Washington. Mortgage giant Fannie Mae has posted its second quarterly gain in net income since it was More...
Germany: conservatives back gay couple tax breaks
GEIR MOULSON,Associated Press German Chancellor Angela Merkel, a member of the German conservative party, is among politicians pushing for tax breaks for gay couples BERLIN (AP) — A group of lawmakers from German More...
Freddie Mac posts $1.2B net income for 2Q
MARCY GORDON,AP Business Writer In this July 13, 2008 file photo show the Freddie Mac headquarters in McLean, Va. Freddie Mac posted a gain for the second quarter and isnt requesting any additional federal for More...
CVS Caremark profit jumps 18 pct; boosts outlook
TOM MURPHY,AP Business Writer In a July 17, 2012 photo, a CVS drug store is lit up in Doral, Fla. CVS Caremark said Tuesday Aug. 7, 2012, its second-quarter net income jumped more than 18 percent, as new business More...
Strong earnings reports send US stocks higher
PALLAVI GOGOI,AP Business Writer In a July 26, 2012 file photo specialist Michael Gagliano works at his post on the floor of the New York Stock Exchange. U.S. stocks edged higher Monday Aug. 6, 2012, on a day marked More...
Standard Chartered shares dive after US allegation
ROBERT BARR,Associated Press A man walks past the Standard Chartered bank building in Hong Kong Tuesday, Aug. 7, 2012. Shares in Standard Chartered PLC dropped sharply on Tuesday as investors reacted to U.S. charges More...
MGM Resorts posts loss, but revenue leaps on hotel, casino
SAMANTHA BOMKAMP,AP Business Writer NEW YORK (AP) — MGM Resorts International on Tuesday posted a second-quarter loss double what Wall Street was expecting, but revenue surged 29 percent on gambling and hotel More...
Greek borrowing costs dip in short-term auction
ATHENS, Greece (AP) — Greece’s short-term borrowing costs have dropped slightly in an auction of 26-week treasury bills, from which the debt-crippled country raised €812 million ($1 billion). The country’s More...
German industrial orders down 1.7 pct in June
BERLIN (AP) — Industrial orders in Germany fell by an unexpectedly large 1.7 percent in June from the previous month, led by a slide in orders from other countries that use the euro, official data showed Tuesday. More...
Fewer disasters help lift Munich Re profit in Q2
DAVID McHUGH CEO of Munich Re, Nikolaus von Bomhard, attends a press conference in Munich, southern Germany Tuesday Aug. 7, 2012. Reinsurer Munich Re saw its second quarter profit improve 10 percent from a year More...
Italian economy contracts for 4th straight quarter
In this July 4, 2012 file photo Italian Premier Mario Monti gestures as he speaks during a joint press conference with German Chancellor Angela Merkel, unseen, during a bilateral meeting at Villa Madama in Rome. More...
Is Social Security still a good deal for workers?
STEPHEN OHLEMACHER,Associated Press This February 2005 file photo shows trays of printed social security checks, in Philadelphia, waiting to be mailed from the U.S. Treasury. People retiring today are part of the More...
US auditing post-Katrina sewer cash
HOLBROOK MOHR,Associated Press This is a July 31, 2012 photograph of a half-acre plot adjacent to the former President Broadwater Beach Golf Club in Biloxi, Miss., that the Harrison County Utility Authority spent More...
Best Buy founder offers to buy co, take it private
This Tuesday, Aug. 14, 2001 file photo shows Richard Schulze following a news conference in Vancouver, British Columbia. Best Buy founder Schulze said Monday, Aug. 6, 2012, that he wants to take the electronics More...
Knight Capital says it has $400M financing deal
NEW YORK (AP) — Knight Capital says investors have agreed to supply it with $400 million in financing, which would help the trading firm stay in business after last week’s disastrous software glitch that More...
Oil falls slightly to near $91 in Europe
Oil slipped slightly to almost $91 a barrel Monday, but managed to hold on to most of the big gains from the previous session after the U.S. reported better-than-expected jobs growth. By early afternoon in Europe, More...
US stocks rise; Knight Capital gets lifeline
PALLAVI GOGOI,AP Business Writer In this Friday, Aug. 3, 2012 file photo, trader Ryan Falvey, foreground right, works on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File) NEW YORK (AP) — More...
A year later, S&P downgrade of US looks like a dud
PAUL WISEMAN,AP Economics Writer In this Friday, Aug. 3, 2012 file photo, trader Steven Kaplan, center, checks prices as he waits for shares of AIG to resume trading on the floor of the New York Stock Exchange. More...
German minister warns of euro debate tone
GEIR MOULSON,Associated Press In this May 15, 2012 file picture German Foreign Minister Guido Westerwelle speaks during a forum at the Sabanci University in Istanbul, Turkey. Germany's foreign minister warned More...
Spyker to sue GM over failed Saab takeover
AMSTERDAM (AP) — Spyker Cars NV, the tiny Dutch company that bought Swedish carmaker Saab from General Motors Co., says it is now suing GM for $3 billion in damages. Saab continued a downward spiral under Spyker’s More...
World stocks buoyed by US jobs picture
PAN PYLAS,AP Business Writer A man walks by an electronic stock indicator in Tokyo Monday, Aug. 6, 2012. Asian stock markets rose sharply in early trading Monday, boosted by stronger-than-expected U.S. hiring figures More...
Auto sales weaken a bit in early July
TOM KRISHER,AP Auto Writer Lincoln Mercury vehicles are shown on a dealership lot in Sterling Heights, Mich., Monday, Aug. 31, 2009. Ford Motor Co. said Tuesday, Sept. 1, its U.S. sales in August rose 17.2 percent More...
Haunted by Europe, US stock market can’t get ahead
CHRISTINA REXRODE,AP Business Writer In this Tuesday, July 17, 2012, file photo, specialists Charles Boeddinghaus, left, and Douglas Johnson, work at their posts on the floor of the New York Stock Exchange. Strong More...
Microsoft reports first loss as public company
RYAN NAKASHIMA, AP Business Writer In this Monday, June 18, 2012, file photo, Microsoft CEO Steve Ballmer comments on the Windows 8 operating system before unveiling its new Surface, a tablet computer to compete More...
NY insider trading witness gets 2 years’ probation
TOM HAYS,Associated Press Anil Kumar, a former financial consultant-turned-government witness, leaves Federal Court in New York, Thursday, July 19, 2012. Kumar was sentenced Thursday to two years of probation after More...
Defense firms warn of job losses from budget cuts
DONNA CASSATA, Associated Press WASHINGTON (AP) — Leader of the nation’s major defense contractors warned on Wednesday of job layoffs and disruptions in manufacturing if Congress fails to agree on an alternative More...
Coca-Cola profit slips on higher ingredient costs
CANDICE CHOI,AP Food Industry Writer This Monday, July 16, 2012, photo, shows a Coca-Cola advertisement as seen at a gas station in Los Angeles. The Coca-Cola Co. says its net income slipped in the second More...
Cheaper gas keeps US consumer prices flat
CHRISTOPHER S. RUGABER,AP Economics Writer WASHINGTON (AP) — Consumer prices were unchanged in June, held down by cheaper gas. Outside the volatile food and energy categories, inflation was mild. The Labor More...
Wall Street: Strong earnings from Mattel, Coke send stocks up
In this May 17, 2012 file photo specialist Stephen D'Agostino works at his post on the floor of the New York Stock Exchange. The U.S. corporate earnings season resumes in earnest the week of Monday, July 16, More...
US industrial production rose in June
In this Friday, June 22, 2012, file photo, robots assemble a Tesla Model S at the Tesla factory in Fremont, Calif. U.S. industrial production rose in June as factories made more cars, machines and business equipment. More...
Google exec Marissa Mayer named Yahoo CEO, 5th in 5 years
In this Monday, Dec. 7, 2009, file photo, Marissa Mayer, VP of Search Products and User Experience for Google, speaks in Mountain View, Calif. Yahoo announced Monday, July 16, 2012, it is hiring Mayer to be its More...
After Facebook freeze, IPO market starts to thaw
BARBARA ORTUTAY,AP Technology Writer NEW YORK (AP) — With new public stock offerings for guitar maker Fender and travel booking website Kayak on deck next week, there are signs demand is starting to grow More...
Facebook stock falls 3 pct for the week
NEW YORK (AP) — Facebook stock has had another down week. It closed on Friday at $30.72, down 3.2 percent from a week ago. Since it went public in mid-May, the stock has been down for five weeks and up for three More...
NBC in talks to buy Microsoft stake in MSNBC site
LOS ANGELES (AP) — NBC News is negotiating to buy Microsoft’s portion of MSNBC.com, potentially severing a joint venture that begin nearly 17 years ago. An NBC News spokeswoman said Wednesday by email that More...
Senate ready to vote on business tax cut bills
WASHINGTON (AP) — Senate leaders have agreed to vote on rival Democratic and Republican plans to cut business taxes. Both measures seem certain to be defeated in an election-season in which neither party wants More...
Fewer auto closings reduce US unemployment claims
CHRISTOPHER S. RUGABER,AP Economics Writer In this Tuesday, July 10, 2012 photo, people walk by the recruiters at a jobs fair in the Pittsburgh suburb of Green Tree, Pa. The number of people seeking unemployment More...
Stocks close lower for fifth day straight
MATTHEW CRAFT,AP Business Writer NEW YORK (AP) — The stock market mostly recovered from an afternoon slump to end with slight losses. In this Tuesday, July 10, 2012, file photo, traders prepare for the More...
