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'NBA 2K13' tops video games titles in October

Submitted by Fox First at Ten on November 9th

NEW YORK (AP) - U.S. retail sales of new video game hardware, software and accessories fell 25 percent in October, marking the 11th straight month of declining sales for physical game products, according to a report from NPD Group. Many gamers are waiting for big holiday releases such as Activision

J.C. Penney reports hefty 3Q loss

Submitted by Fox First at Ten on November 9th

By ANNE D'INNOCENZIOAP Retail Writer NEW YORK (AP) - J.C. Penney Co. is hoping it has hit rock bottom. The bad news keeps getting worse for the struggling department-store chain that on Friday reported a wider third-quarter loss than Wall Street expected on a nearly 27 percent drop in

J.C. Penney reports hefty 3Q loss

Submitted by Fox First at Ten on November 9th

Oil drops back to near $84 amid ample US supplies

Submitted by Fox First at Ten on November 9th

By PABLO GORONDIAssociated Press The price of oil slid back to near $84 a barrel Friday as traders weighed evidence of ample U.S. supplies against signs of recovery in China's economy. By early afternoon in Europe, benchmark crude for December delivery was down 80 cents at $84.29 a barrel

China's factory output rises in sign of recovery

Submitted by Fox First at Ten on November 9th

By JOE McDONALDAP Business Writer BEIJING (AP) - China's auto sales, consumer spending and factory output improved in October in a new sign of economic recovery as the Communist Party prepared to install a new generation of leaders. Growth in factory output accelerated to 9.6 percent over a

China's inflation eases, giving room for stimulus

Submitted by Fox First at Ten on November 9th

BEIJING (AP) - China's inflation eased further in October as increases in food prices slowed, giving Beijing room to launch new stimulus measures if needed to speed a recovery from a painful economic slump. Consumer prices rose 1.7 percent, down from the previous month's 1.9 percent, the

How the video games industry is faring

Submitted by Fox First at Ten on November 9th

By The Associated Press Companies in the video games industry have released earnings reports for the latest quarter. Here's a look at selected companies that make or sell video games or machines. - Oct. 18: Microsoft Corp. says Xbox 360 platform revenue fell 24 percent, or $418 million,

US video game sales drop 25 percent in October

Submitted by Fox First at Ten on November 9th

NEW YORK (AP) - A research firm says U.S. retail sales of new video game hardware, software and accessories fell 25 percent in October. The drop marks the 11th straight month of declining sales for physical game products. Many gamers are waiting for big holiday releases such as Activision Blizzard

Money market fund assets rose to $2.578 trillion

Submitted by Fox First at Ten on November 8th

NEW YORK (AP) - Total U.S. money market mutual fund assets rose $31.24 billion to $2.578 trillion for the week that ended Wednesday, according to the Investment Company Institute. Assets of the nation's retail money market mutual funds rose $2.97 billion to $888.09 billion, the Washington-based

3 stock funds to reduce risk as fiscal cliff looms

Submitted by Fox First at Ten on November 8th

By MARK JEWELLAP Personal Finance Writer BOSTON (AP) - Investors are anxious. The Dow Jones industrial average had its steepest two-day sell-off of the year on Wednesday and Thursday. With the election behind, the so-called "fiscal cliff" came into focus. It's such a pressing concern that