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Stocks slide as Fed says bond purchases could slow

Submitted by Fox First at Ten on June 19th

NEW YORK (AP) - Stocks are closing sharply lower and bond yields are rising after Fed Chairman Ben Bernanke said the central bank could slow its massive bond purchases this year. The Dow Jones industrial average dropped 206 points, or 1.4 percent, to 15,112. It was the Dow's seventh straight

Stocks drift lower as investors wait for the Fed

Submitted by Fox First at Ten on June 19th

NEW YORK (AP) - Stocks are drifting lower on Wall Street as investors hold back ahead of a policy announcement from the Federal Reserve. The Dow Jones industrial average was down 10 points, or 0.1 percent, at 15,307 at midday Eastern Daylight Time Wednesday. The Standard & Poor's 500 index

Stocks edge lower as investors wait on Fed

Submitted by Fox First at Ten on June 19th

By STEVE ROTHWELLAP Markets Writer NEW YORK (AP) - The stock market is waiting on the Fed. Major indexes drifted lower in midday trading Wednesday as traders wondered what the Federal Reserve will say about the U.S. economy and the central bank's huge stimulus program this afternoon. The U.S.

Stocks edge lower as investors wait for the Fed

Submitted by Fox First at Ten on June 19th

NEW YORK (AP) - Stocks are edging lower in early trading on Wall Street as investors hold back ahead of a policy announcement from the Federal Reserve. The Dow Jones industrial average was down 17 points, or 0.1 percent, at 15,301 in the first few minutes of trading Wednesday. The Standard &

Investors guess Fed's actions, push stocks higher

Submitted by Fox First at Ten on June 17th

By CHRISTINA REXRODEAP Business Writer NEW YORK (AP) - Investors are in a game of wait-and-see with the Federal Reserve. On Monday, they guessed that the Fed will continue trying to prop up the economy, and sent stocks higher. The major stock indexes all rose about 1 percent in early trading and

Panama's boom helps drive Nicaragua canal dreams

Submitted by Fox First at Ten on June 15th

By JUAN ZAMORANO and MICHAEL WEISSENSTEINAssociated Press PANAMA CITY (AP) - Curundu used to be a warren of ramshackle wooden houses and reeking open sewers, one of Panama City's most notorious refuges for street gangs and drug dealers. Then, three years ago, the government tore down the shacks

Nicaragua approves massive canal project

Submitted by Fox First at Ten on June 13th

By LUIS MANUEL GALEANO and MICHAEL WEISSENSTEIN MANAGUA, Nicaragua (AP) - A proposal to build a massive rival to the Panama Canal across the middle of Nicaragua was overwhelmingly backed by lawmakers Thursday, capping a lightning-fast approval process that has provoked deep skepticism among

Background of Iranian presidential candidates

Submitted by Fox First at Ten on June 13th

By The Associated Press A look at the six candidates in Iran's presidential election Friday. Two others - parliament member Gholam Ali Haddad Adel and former Vice President Mohammad Reza Aref - withdrew earlier this week. ___ SAEED JALILI: Iran's top nuclear negotiator since 2007 and

Officials: Obama aides split on arming rebels

Submitted by Fox First at Ten on June 12th

By BRADLEY KLAPPER and JULIE PACEAssociated Press WASHINGTON (AP) - Despite growing alarm over the Syrian government's military advances, Obama administration officials are split over whether to arm the country's rebel forces or make other military moves that would deepen U.S. involvement

Officials: Obama aides split on arming rebels

Submitted by Fox First at Ten on June 12th