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Wall Street is happy with May jobs report
NEW YORK -- Conventional wisdom said that good news in the jobs market would lead to bad news in the stock market Friday morning. Investors, seeing decent jobs data, would assume that the Federal Reserve would stop pumping money into the economy, and...
Tags: Procter & Gamble, Walmart, Alan Greenspan, Unemployment, Career and Workplace
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Retail sales warm up in May amid good weather
Los Angeles TimesRetail sales in May had their best month since January, as warmer weather and a stock market rally drew out shoppers who had spent March and April cooped up indoors. Same-store sales across the board rose an estimated 3.9 percent, slightly beating...Tags: Automatic Data Processing, Inc., Victoria's Secret, Consumers, Consumer Confidence, Labor Markets
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Retail sales heat up in May amid warmer weather
Consumers emerged in May to give retailers their best month since January, lured by warmer weather and the confidence lift from the surging stock market and rising housing prices. Same-store sales increased 4.8% from a year earlier, beating expectations...
Tags: Wal-Mart Stores, Inc., Mother's Day, Quarterly or Semiannual Financial Statements, Target Brands, Inc., Costco Wholesale Corporation
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Report: Treasury poised to sell off 30 million more GM shares
Autoblog.comFiled under: Government/Legal, GM, Earnings/Financials, UAW/Unions The next step in the US Treasury's efforts to eliminate its financial interests in General Motors will involve the sale of 30 million shares of the automaker's stock. The government's move... -
Media General to merge with Young Broadcasting
Shares of Media General Inc. jumped as much as 29% Thursday morning after the company announced it will merge with privately held Young Broadcasting in an all-stock deal. The combined company will own or operate 30 TV stations in 27 markets,...
Tags: Companies and Corporations, The CW (tv network), Shareholders, Economy, Business and Finance, NYSE Euronext, Inc.
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Exchange operator Direct Edge to open Chicago data center Sept. 3
Tribune reporterDirect Edge, the nation’s third-largest exchange operator, is preparing to open disaster recovery facilities in Chicago on Sept. 3, the latest in a long-running, industrywide effort to get backup centers further away from trading centers on the East...Tags: NASDAQ, Finance, Economy, Business and Finance, Hurricane Sandy (2012), NYSE Euronext, Inc.
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Ed Reed and Ray Lewis scheduled to attend White House ceremony
The 2012-13 Ravens will be well represented Wednesday when the team travels to the White House to be honored by President Barack Obama for its 34-31 victory over the San Francisco 49ers in Super Bowl XLVII on Feb. 3. Linebacker Ray Lewis, who retired...
Tags: Ken Ulman, Executive Branch, Twitter, Inc., Elections, Miami Dolphins
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MarksJarvis: Bond fund losses pile up amid fears of halt to stimulus
Once investors get hooked on Federal Reserve stimulus, there's never a good time for them to go cold turkey or ease away from the addiction. And that's especially true in the current environment. It was assumed that the Fed would keep stimulating...
Tags: Mutual Funds, Money and Monetary Policy, JPMorgan Chase & Co., Business, China
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Outside Opinion: Quest for speed can only lead to more crashes
A hacked tweet this year caused the Dow to drop more than 140 points in seconds in the "Twitter flash crash." Luckily, it bounced back. Next time — and there will be a next time — investors may not be so fortunate. The crash put the dangers...Tags: Networking, NYSE Euronext, Inc., Commodity Markets, Media Industry
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Orlando is Florida's healthiest city! Now, the bad news
OK, Orlando, do you want the good news or the bad news? The good news, you say? Congratulations! You have been named as the healthiest major city in Florida! The bad news? Out of the 50 largest communities in these United States, you were just 34th....
Tags: AFC East, National Football League, New York Giants, Robert Griffin III, Golf
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Stocks swoon on interest rate fears
NEW YORK — A sudden jump in interest rates is casting a shadow over the stock market. Stocks fell sharply Friday as a persistent rise in rates over the last month threatened to derail the powerful rally this year in share prices. Despite...Tags: Money and Monetary Policy, Quarterly or Semiannual Financial Statements, Chicago Board Options Exchange Market Volatility Index, Career and Workplace, Federal Reserve
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Dow falls more than 200 points on last day of May
NEW YORK -- Wall Street ended the last day of May with a broad selloff in late trading, sending the Dow Jones industrial average down more than 200 points. The Dow fell 208.96, or 1.36%, to 15,115.57 at the closing bell, capping a volatile week in the...Tags: Credit Ratings, Federal Reserve, Charles Schwab
Jun 7, 2013
|Story| Los Angeles Times
Jun 7, 2013
|Story| South Bend Tribune
Jun 7, 2013
|Story| Los Angeles Times
Jun 6, 2013
|Blog| Autoblog.com
Jun 6, 2013
|Story| Los Angeles Times
Jun 5, 2013
|Story| Chicago Tribune
Jun 5, 2013
|Story| Baltimore Sun
Jun 5, 2013
|Column| Chicago Tribune
Jun 2, 2013
|Story| Chicago Tribune
Jun 1, 2013
|Column| Orlando Sentinel
May 31, 2013
|Story| Los Angeles Times
May 31, 2013
|Story| Los Angeles Times
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