NEW YORK (AP) - Stocks are slipping on Wall Street, a day after the Dow Jones industrial average logged its biggest one-day drop of the year, as investors fretted about the potential for gridlock in Washington.
The Dow was down 23 points at 12,909 at midday Thursday.
The Standard and Poor's 500
By The Associated Press
Oil prices rose above $85 per barrel on Thursday as postelection volatility continued.
Crude oil rose 65 cents to close at $85.09 on the New York Mercantile Exchange. That followed a decline of 5 percent on Wednesday, when traders were spooked by worries about budget
DUBAI, United Arab Emirates (AP) - Dubai's fast-growing airline Emirates says it would consider replacing some of its fleet of 175 Boeing 777s if the plane manufacturer designs a new version of the long-haul aircraft.
The statement Thursday from Emirates President Tim Clark suggests a possible
NEW YORK (AP) - Air travel in the New York area is getting back to normal after the second major storm in little more than a week.
United Airlines and American Airlines say they resumed flights at New York airports Thursday afternoon.
Major airlines scratched about 600 flights around the U.S.
By The Associated Press
RATES BARELY BUDGE: Average U.S. rates on fixed mortgages were little changed this week, staying near their record lows.
THE NUMBERS: The rate on the 30-year mortgage ticked up to 3.40 percent from 3.39 percent last week. Five weeks ago, the rate touched a record-low 3.
GENEVA (AP) - The infamous 'banana dispute,' an international trade battle that started over two decades ago, has finally ended.
The European Union and 10 Latin American countries agreed to put to rest a trade dispute dating to 1991 over tariffs on bananas, which are a vital export for
NEW YORK (AP) - The nation's natural gas supplies rose last week, the government said Thursday.
The Energy Department's Energy Information Administration reported that natural gas in storage grew by 21 billion cubic feet to 3.929 trillion cubic feet for the week ended Nov. 2.
By CIARAN GILESAssociated Press
MADRID (AP) - Spain's government has met its financing needs for the year after raising €4.76 billion ($6.07 billion) in a bond auction on Thursday.
The Treasury said it had reached the bond auction target of €86 billion although it has a half dozen more
NEW YORK (AP) - JPMorgan Chase said Thursday that it has won approval from the Federal Reserve to start buying back its own stock. The bank suspended the plan in May, after it revealed a surprise trading loss that grew to more than $6 billion.
The bank said in a regulatory filing that the Fed gave