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Financial Markets

A collection of news and information related to Financial Markets published by this site and its partners.

Top Financial Markets Articles

Displaying items 34-44
  • Papal visit to the Philippines: business counts the costs, government talks up the benefits

    When the pope comes to town a big bill awaits the host country, but the mammoth crowds whipped up by the Roman Catholic Church leader also offer plenty of good business. In pope-adoring Philippines, which hosted the pontiff for a five-day visit that...
  • US stock market opens lower; UPS slumps on weaker outlook

    The stock market is drifting lower in early trading after weak earnings results and outlooks from some big-name companies. The large cost of timely deliveries hurt UPS during the holidays and the shipping company cut its outlook for the year. Its...
  • US stock market edges lower at midday; UPS slumps on weaker outlook

    The stock market is edging lower after four straight days of gains as investors absorb quarterly financial results from U.S. companies. The Standard & Poor's 500 index eased four points to 2,058 as of 12 p.m. Eastern time Friday. The Dow Jones industrial...
  • BofA expanding into 2 new states with branches

    CHARLOTTE, N.C. Bank of America did something this week it hasn't done in more than a decade: celebrated the opening of a branch in a new market. On Wednesday, the Charlotte bank cut the ribbon on a branch in Denver, Colo., its first in that state....
  • Mixed results from US companies snap market's 4-day winning streak

    The stock market is finishing lower, snapping a four-day winning streak, as U.S. companies report mixed quarterly results. The Standard & Poor's 500 index fell 11 points, or 0.6 percent, to close at 2,051 Friday. The Dow Jones industrial average...
  • Asian stock markets boosted by ECB stimulus plan, shrug off weak China manufacturing

    Asian stocks zoomed higher Friday, boosted by the European Central Bank's stimulus announcement, a long awaited move that also set off gains in Europe and on Wall Street. KEEPING SCORE: Japan's Nikkei 225 rose 0.9 percent to 17,480.08 and Hong Kong's...
  • US stock market erases losses for year after Europe's central bank offers economic stimulus

    The stock market is closing with a big gain after Europe's central bank offered an aggressive plan to revive that region's weak economy. The Standard & Poor's 500 index jumped 31 points, or 1.5 percent, to close at 2,063 on Thursday, erasing its losses...
  • Fed wears a bull's-eye this year on Capitol Hill

    WASHINGTON Detractors from both major political parties are preparing legislation to rein in the powers of the Federal Reserve, moves that would test and potentially restrain its independence. The proposals include ordering a broad audit of the central...
  • Melvin Gordon, who turned humble Tootsie Roll's popularity into candy empire, dies at 95

    Melvin Gordon, who helped turn the enduring popularity of the humble Tootsie Roll into a candy empire, has died. He was 95. The longtime Tootsie Roll Industries Inc. chairman and CEO died Tuesday in Boston after a brief illness, said Brooke Vane, a...
  • Standard& Poor's settles with US government, 2 states over ratings on mortgage bonds

    Standard & Poor's agreed on Wednesday to pay the U.S. government and two states more than $77 million to settle charges tied to its ratings of mortgage-backed securities. In its first enforcement action against a major rating agency, the Securities and...
  • Different housing markets, politics, multiple bond markets all complicate ECB stimulus effort

    Big bang or disappointment? Markets are waiting to see just how much financial firepower the European Central Bank will unleash Thursday, when it is expected to announce large-scale purchases of government bonds with newly printed money to stimulate a...