NEW YORK (AP) — A deepening slump in prices for oil, metals and other commodities sent stock prices lower on Thursday. Major market indexes opened lower and the selling accelerated as the day wore on. The drop in oil and metals prices hurt mining, metals and energy stocks. Stocks began sliding early this month and … Continue reading →
HONG KONG (AP) — Japanese stocks rose Wednesday as investors bet on another shot of stimulus from the country’s central bank while other Asian benchmarks slipped ahead of U.S. growth figures and the Fed’s latest policy decision. KEEPING SCORE: Japan’s benchmark Nikkei 225 rose 0.6 percent to 18,884.33 while South Korea’s Kospi slipped 0.4 percent … Continue reading →
NEW YORK (AP) — U.S. stocks opened lower Friday after a mixed U.S. jobs report left investors uncertain about the outlook for the Federal Reserve’s interest rate policy. The report showed that the U.S. unemployment rate fell to a seven-year low in August, but also that employers added fewer jobs than forecast. While the steady … Continue reading →
NEW YORK (AP) — Stocks moved lower in early trading Monday, as oil prices fell and investors reacted to signs that the Federal Reserve was still on pace to raise rates this month. It sets up another volatile week on Wall Street, which has been battered this month. KEEPING SCORE: The Dow Jones industrial average … Continue reading →
NEW YORK (AP) — With the cameras rolling, Daniel and Stephanie Rensing accepted an offer from a “Shark Tank” investor. But after they had time to think about it, they changed their minds. Annual revenue for their company, The Smart Baker, is close to $1 million, up from $130,000 before their March 2012 appearance on the … Continue reading →
SEOUL, South Korea (AP) — Asian stock markets were muted Friday as investors awaited monthly U.S. employment figures and the risk of a Greek default increased. KEEPING SCORE: Japan’s Nikkei 225 gained 0.7 percent to 17,629.65 while Hong Kong’s Hang Seng was down 0.2 percent to 24,707.28. South Korea’s Kospi fell 0.2 percent to 1,949.62 … Continue reading →