NEW YORK (AP) - Stocks are little changed on Wall Street as investors pore over the latest economic reports for clues about when the Federal Reserve will start pulling back on its huge stimulus program.
Major U.S. indexes fell, rose, then slipped back again by midday.
The Dow Jones industrial
By ESAM MOHAMEDAssociated Press
TRIPOLI, Libya (AP) - Libyan Prime Minister Ali Zidan says the government has allocated $7 billion of its foreign reserves to offset the loss of oil revenue caused by militias shutting down oil terminals and halting exports since the summer, and that it will need $6
By MARCY GORDONAP Business Writer
WASHINGTON (AP) - A survey of chief executives at the largest U.S. companies shows a growing number are slightly more optimistic about the economy's prospects for the next six months and expect to boost hiring.
The Business Roundtable said Wednesday that its
MADRID (AP) - An IKEA store in Spain says it has received 20,000 applications for just 400 jobs, an unprecedented rush that crashed its computer servers and illustrated the desperation the country's 6 million unemployed people face.
Company spokesman Rodrigo Sanchez said Wednesday the online
By STEVE ROTHWELLAP Markets Writer
NEW YORK (AP) - Stocks edged lower Wednesday as investors weighed conflicting economic reports and assessed the outlook for Federal Reserve stimulus.
The stock market dropped in early trading after a payroll company reported that U.S. businesses added the most
By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - U.S. service sector firms grew in November at the weakest pace since June, evidence that cautious spending by consumers and businesses may be slowing growth.
The Institute for Supply Management said Wednesday its service-sector index
By JOSH BOAKAP Economics Writer
WASHINGTON (AP) - Americans ramped up purchases of new homes in October after three months of soft sales, evidence that the housing recovery is improving fitfully.
Sales of new homes grew 25.4 percent to a seasonally adjusted annual rate of 444,000, the Commerce
NEW YORK (AP) - The stock market is opening lower after a strong employment report raised expectations that the Federal Reserve could pull back on its economic stimulus.
The Dow Jones industrial average fell 55 points to 15,858 in early trading Wednesday. The Standard & Poor's 500 index
CAIRO (AP) - Egypt is committed to pay nearly a quarter of the total arrears it owes foreign oil companies and increase economic growth to 3.5 percent by the end of the fiscal year, in a bid to restore investor confidence in an economy damaged by nearly three years of unrest, the country's
PODGORICA, Montenegro (AP) - Russian aluminum baron Oleg Deripaska's company has launched a 100 million-euro ($1362 million) lawsuit against Montenegro over the handling of its aluminum smelter in the Balkan country.
Deripaska's Central European Aluminum Company says the case will be heard
Monday morning, Spokane firefighters responded to two active house fires that broke out within a couple of hours – and miles – of each other, stretching city crews thin.
The first destroyed a single-story home on North Stone just before 4:00 a.m., while the second ripped through the
By SAMANTHA HENRYAssociated Press
RIDGEWOOD, N.J. (AP) - A 10-year-old boy who had been named the town's honorary police chief was given a funeral with full police honors Tuesday, his flag-draped coffin arriving at church to the sound of bagpipes and leaving with a motorcycle escort.
"I lost a
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