Business News
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US Treasury bond market at a glance
Tuesday, May 21, 2:25 pm
Key barometers in the Treasury market late Tuesday, compared with late Monday. Price changes in the 10-year note and 30-year bond are per $100 invested: ... Read more...
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Summary Box: Stocks close higher on hopes for Fed
Tuesday, May 21, 2:15 pm
(AP) - FED WATCH: Stock indexes wobbled in early trading Tuesday, then turned higher just before noon. That's when news crossed that James Bullard, a Federal Reserve official, told an audience... Read more...
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Best Buy, Carnival, Saks are big movers
Tuesday, May 21, 2:13 pm
NEW YORK (AP) - Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Best Buy Co. Inc., down $1.17 at $25.64 The... Read more...
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Corn falls after farmers catch up on planting
Tuesday, May 21, 2:02 pm
(AP) - The price of corn fell after U.S. farmers planted record amounts of corn last week, easing concern that earlier planting delays would harm this year's crop. Corn for July delivery... Read more...
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How the Dow Jones industrial average fared Tuesday
Tuesday, May 21, 2:00 pm
(AP) - Stocks indexes hit new highs on Wall Street as investors bank on continued support from the Federal Reserve. Indexes wobbled between gains and losses in early trading, then took... Read more...
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JPMorgan's Dimon survives shareholder referendum
Tuesday, May 21, 1:56 pm
TAMPA, Fla. (AP) - Jamie Dimon, the CEO and chairman of JPMorgan Chase, easily survived a vote Tuesday that would have called on him to give up his role as chairman of the nation's largest bank.... Read more...
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Stocks gain on reassurance from a top Fed official
Tuesday, May 21, 1:53 pm
NEW YORK (AP) - Reassuring comments from a Federal Reserve official and better earnings from two big retailers helped push the stock market higher Tuesday. Stock indexes wobbled between... Read more...
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Stock indexes close higher on hopes for Fed
Tuesday, May 21, 1:08 pm
NEW YORK (AP) - Stocks are closing higher on Wall Street as investors bank on continued support from the Federal Reserve. The Dow Jones industrial average rose 52 points to close at 15,387 Tuesday,... Read more...
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Figures on government spending and debt
Tuesday, May 21, 1:05 pm
Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30. Total public... Read more...
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Oil slips as traders wait for Fed, supply data
Tuesday, May 21, 1:01 pm
NEW YORK (AP) - The price of oil fell Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy. Benchmark crude for June delivery dropped 55 cents to $96.16... Read more...
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NJ's Revel casino exits bankruptcy court
Tuesday, May 21, 12:41 pm
ATLANTIC CITY, N.J. (AP) - Revel, a brand new but struggling Atlantic City casino, has formally emerged from bankruptcy. Just 13 months after it opened with sky-high hopes, the casino got... Read more...
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JPMorgan Directors Glance: How shareholders voted
Tuesday, May 21, 12:28 pm
(AP) - Shareholders at JPMorgan Chase voted to let Jamie Dimon, the chairman and CEO of the nation's largest bank, keep both his jobs Tuesday. Dimon also received strong support to be re-elected... Read more...
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Does France have right plan to revive its economy?
Tuesday, May 21, 12:08 pm
PARIS (AP) - The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite. As the country's first-ever... Read more...
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United Tech CEO sees stronger economy, airlines
Tuesday, May 21, 11:07 am
HARTFORD, Conn. (AP) - The chief executive of aerospace giant United Technologies Corp. is optimistic about an improving economy and airline industry. CEO Louis Chenevert (Shen-eh-VAIR) told... Read more...
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Stock indexes head higher in afternoon trading
Tuesday, May 21, 10:37 am
NEW YORK (AP) - 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... Read more...
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