WASHINGTON - The US trade deficit narrowed in October with oil sales helping exports rise 1.8 percent to a record high of $192.7 billion in October over previous month, the US Commerce Department has said. Bureau of Economic Analysis of the Department of Commerce announced Wednesday that total October exports of $192.7 billion and imports of $233.3 billion resulted in a 5.4 percent drop in ...
Stocks have seen considerable volatility over the course of the trading day on Wednesday as traders digest a mixed batch of economic data. Selling pressure has intensified in recent trading, dragging the major averages firmly into negative territory.The major averages have edged up off their lows for the session in the past few minutes but remain in the red. The Dow is down 98.64 points or 0.6 ...
I love covering trials, which is one reason I've been a little sad since switching over to the Wall Street beat: Few of the bad guys in this world ever even get interviewed by the authorities, much less indicted, so trials are comically rare. But we did have one last year, a big one, and though it was boring and jargon-laden enough on the surface that at least one juror fought sleep in its ...
NEW YORK (AP) -- Stocks are mostly lower on Wall Street in early trading as retailers report weak results. Aeropostale fell after reporting a loss in the third quarter as the teen retailer slashed prices in an effort to pull in shoppers. L Brands, the owner of Victoria's Secret and Bath & Body Works, fell after reporting that its sales dropped 5 percent last month. The Dow Jones ...
NEW YORK -- Stocks are mostly lower on Wall Street in early trading as retailers report weak results.Aeropostale fell after reporting a loss in the third quarter as the teen retailer slashed prices in an effort to pull in shoppers. L Brands, the owner of Victoria's Secret and Bath & Body Works, fell after reporting that its sales dropped 5 percent last month.The Dow Jones industrial ...
The Spitfire Grill
By now, most people know that "The Spitfire Grill" was financed by Gregory Productions, the for-profit arm of the Sacred Heart League, a Roman Catholic charitable organization based in Mississippi.Unfortunately, this fact has only garnered negative press for a film that originally opened to good reviews. It won the Audience Award at the prestigious Sundance Film Festival, and Castle Rock Enterta ... ...
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NEW YORK (MarketWatch) -- The euro jumped to its highest level against the dollar in a month on Thursday after European Central Bank President Mario Draghi said the ECB doesn't have any immediate plans to ease policy ...
SAN FRANCISCO (MarketWatch) -- Apple Inc. took the spotlight Thursday, rallying on news of a much-awaited deal with China Mobile, while the broader tech sector got a boost from gains in semiconductor ...
Speculation regarding the timing of the tapering of the U.S. Federal Reserve's $85 billion per month quantitative easing (QE) program has dominated financial discourse for much of the past year, and has sent many markets - particularly bonds and emerging market assets - reeling this past summer after its prospect first arose. Earlier this week, I showed how to ...
JPMorgan Chase & Co. recommends sticking with U.S. high-yield bonds next year as the best protection against rising interest rates. Morgan Stanley cautions that valuations are unattractive following a record five-year rally. Speculative-grade debt will return 5 percent in 2014 with default rates remaining below historic averages, according to analysts at JPMorgan, the largest ...
- Investors are demanding a higher-than-average yield to buy Uranium One Inc. bonds amid concern the world’s fourth-largest miner of the commodity is taking on too much debt with uranium prices close to eight-year lows. Uranium One, whose remaining shares were acquired in October by a unit of Russia’s state nuclear company, is seeking to sell $350 million of five-year notes at a ...
NEW YORK (MarketWatch) -- U.S. stocks leaned lower on Thursday, putting the S&P 500 and Dow Jones Industrial Average on pace for a fifth straight down day, as better-than-expected readings on employment and economic growth boosted bets that a stimulus reduction could come this ...
NEW YORK (MarketWatch) -- Treasury prices fell on Thursday after a round of economic data lifted investor expectations that the Federal Reserve could pull back on its bond-buying program soon, but some unsavory details in the report helped keep a lid on ...
Costco's sales at stores open at least a year rose 2 percent in November, missing Wall Street's expectations for a period that included the critical Black Friday holiday shopping ...
* GDP, claims data beat expectations but factory orders fall* China Mobile signs deal with Apple - report* Dollar General leads S&P 500 after earnings, sales results* Indexes off: Dow 0.19 pct, S&P 0.19 pct, Nasdaq 0.07 pctBy Chuck MikolajczakNEW YORK, Dec 5 (Reuters) - U.S. stocks fell modestly on Thursday as a round of mixed economic data left investors unsure over how soon the Federal ...
Don't fret if a stranger next to you on the plane is drawing a blue-faced Frankenstein. He might be the parent who's discovered his business trips are more fun when he gets to finish his children's drawings at 35,000 ...
Making the news
When it comes to Iran's nuclear weapons program, the only difference between them is this: Ahmadinejad was a wolf in wolf's clothing, Rouhani is a wolf in sheep's clothing, a wolf who thinks he can pull the wool over the eyes of the international community.
The chief lobbyist for the National Retail Federation was speaking about talks to end the U.S. government shutdown.
How well is the U.S. Congress performing in its efforts to re-open the U.S. government?
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Paihia Beach Resort And Spa, Bay of Islands, New Zealand
Driving along the main coastal highway, on the edge of the main township of Paihia, in the heart of the ...Keep reading
The US Congress has passed a bill to reopen the government and raise the federal debt limit.
The Democratic-controlled Senate's bipartisan compromise won approval by 81 votes to 18.
The deal was then passed by 285-144 in the House of Representatives, whose Republican leadership begrudgingly agreed to support the measure.
The deal, however, offers only a temporary solution and does not resolve the budgetary issues that split Republicans and Democrats.
Obama said that he will sign the bill immediately and begin reopening the government.
According to CNN, federal workers should expect to return to work from Thursday, the director of the Office of Management and Budget said.
Director Sylvia Mathews Burwell said that as the bill has passed the United States Senate and the House of Representatives, the president plans to sign it and employees should return to work.
Yosemite National Park resumed operations from Wednesday night.
The GOP-led House gave the final stamp of approval to the Senate-brokered bill, passing it easily late Wednesday night.
After the passing of the bill, the debt cushion now extends through February 7, with current spending levels being authorized through January 15. ...
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