NEW YORK (AP) - Stocks are edging higher on Wall Street as hopes dim that a budget deal will be reached before a deadline at the end of the year.
The Dow Jones industrial average inched up 23 points to 13,138 shortly after the opening bell Thursday. The Dow and other major market indicators are
MADRID (AP) - Shares in Bankia, the bailed-out Spanish bank, lost almost a fifth of their value Thursday after officials with the nation's bank bailout fund said the nationalized institution was worth minus €4.2 billion ($5.6 billion).
Bankia SA's share price ended the day 19.5 percent
By MICHELLE CHAPMANAP Business Reporter
NEW YORK (AP) - Looks like Shamu may soon be making a splash in the stock market.
The company famous for water shows featuring killer whales, dolphins and other animals at SeaWorld said Thursday that it is planning to go public. SeaWorld Entertainment Inc.
By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - The average number of people seeking U.S. unemployment benefits over the past month fell to the lowest level since March 2008, a sign that the job market is healing.
The Labor Department said Thursday that weekly applications dropped 12
By NICOLE WINFIELDAssociated Press
ROME (AP) - Italy's borrowing costs rose slightly Thursday in an auction of six-month bonds held in the wake of Premier Mario Monti's resignation and uncertainty about his participation in the campaign for February's elections.
The Italian Treasury
BERLIN (AP) - Germany's finance minister says the worst of euro area's debt crisis appears to be over after three years of worries over Greece and other members of the group of 17 European Union countries that use the single currency.
Finance Minister Wolfgang Schaeuble was quoted Thursday
NEW YORK (AP) - Stock futures are heading higher before the government releases what is expected to be the latest positive news for the housing industry.
There is a chance that all economic data coming out Thursday will be overshadowed by budget negotiations as Congress returns to Washington.
By PAMELA SAMPSONAP Business Writer
BANGKOK (AP) - Asian stock markets rose Friday, hours before President Barack Obama and key lawmakers were to meet at the White House to try to hammer out an 11th-hour budget compromise to avert the so-called fiscal cliff.
Lawmakers have until Monday night to
By YOUKYUNG LEEAP Business Writer
SEOUL, South Korea (AP) - North Korea's trade with China surged more than 60 percent last year, a sign of deepening dependence on Pyongyang's biggest ally.
South Korea's Statistics Korea said Thursday in an annual report that North Korea's exports
KUALA LUMPUR, Malaysia (AP) - Malaysian compact car maker Perodua says it will spend 790 million ringgit ($257 million) to build a second manufacturing plant as part of its expansion.
Managing Director Aminar Rashid says the new plant, located next to Perodua's factory in Rawang on the