All Latest News Wires
Calm returns to Wall Street, trading closes with mixed resultsThe Dow Jones average opened at its lowest level since December after a 275-point sell-off on Friday ignited by grim economic signals, especially a dismal report on the labor market. The index closed down 17 points at 12,101.
NFL replacement refs: Cautious league to start hiringReplacement refs could include retired college referees or even current ones. Since contract talks with regular referees continue, the NFL will start training sessions for replacement refs later this month.
Even China's stock market can't avoid Tiananmen censoringChina's stock market index falls 64.89 on June 4, the anniversary of the 1989 crackdown in Tiananmen Square. So censors block online access to 'stock market,' 'Shanghai Composite Index,' and related search terms.
US stocks set for anemic openingUS stocks closely watched as S&P breaks through key technical level. Futures suggest a slight rise in US stocks at the open.
Gas prices drop nationally as economy slowsGas prices have dropped more than 30 cents a gallon in most parts of the US, resulting from a steep plunge in oil prices. The national average for gas prices is $3.59, down five cents from last week.
Mortgage rates: 15-year loan gains popularityMortgage rates for 15-year loan fall below 3 percent for first time. Homeowners are taking advantage of low mortgage rates to refinance, but with terms that will let them pay off their loan before retirement
Gas prices fall below $3 in two statesGas prices are silver lining in economic gloom. Since April, gas prices are down more than 30 cents a gallon and experts predict more decline.
Why Coke and McDonald's balk at big-drink ban in Big AppleBig Drink Ban: New York is a mega-market, but more importantly, the city sets the pace for other cities. Coke and other soft drink companies see trouble if the New York City big-drink ban spreads.
US economy weakens, unemployment rate rises to 8.2 percentUS employers added just 69,000 jobs in May, the lowest number in a year. The economic slowdown is bad news for President Barack Obama ahead of the November elections.
Prepaid iPhone: $400. No contract. $55 a month for unlimited use.Prepaid iPhone will be offered by Leap Wireless starting June 22 in some cities. Open Mobile has already started selling a prepaid iPhone in Puerto Rico.
Sell in May and go away: Stocks close dismal monthWith a disappointing finish on Thursday, the stock market closed what was by some measures its worst month in two years. The Dow closed down 26 points on Thursday to end the month at 12393.
Virgin Galactic spaceship cleared for test flightsVirgin Galactic's SpaceShipTwo, a commercial six-passenger spacecraft, to begin rocket-powered suborbital test flights, the company said on Wednesday. Virgin Galactic is owned by billionaire Richard Branson's Virgin Group.
Facebook opens office in DubaiFacebook established an office in the Middle East for the first time on Wednesday, in Dubai's Internet City.
Financial aid on a debit card? Students hit with extra fees.Financial aid can be cheaper to administer when colleges hand it off to debit card companies. But a new study finds students are getting hit with hefty fees.
Facebook stock drops below $29Facebook stock falls 9.6 percent to close at $28.84. In its first seven days of trading, Facebook stock has lost nearly a quarter of its value.
BlackBerry-maker RIM warns of layoffs, operating lossRIM also hires advisers to look at strategies to reverse its downturn. RIM has seen its share of US smartphone market fall from 44 percent to 10 percent in two years.
Despite oil prices, falling euro, Dow closes up slightlyOil prices fell, the euro sank to a 22-month low, and the yield on the U.S. government's 10-year Treasury note fell near a historic low. But the Dow Jones industrial average edged up 125 points to close at 12580 as investors continue to hope for a Chinese growth spurt.
Stock market opens higher on hope for ChinaStock market opened higher Tuesday amid optimism that China will take action to reverse the recent slowdown in its economic growth. Rising home prices also gave the stock market a boost.
Oil prices rise on optimism about GreeceOil prices near $92 a barrel after weekend opinion polls show Greece's austerity parties could form a coalition. In London, oil prices move up nearly $1 a barrel.
Mortgage rates fall to new recordsMortgage rates for 30-year loan now stand at 3.78 percent. Fixed mortgage rates for 15-year loans are unchanged at 3.04 percent, a record low.
