All Latest News Wires
- Fixed mortgage rates hit record low – againFixed mortgage rates for a 30-year loan fall to 3.89 percent. But many Americans can't take advantage of the low fixed mortgage rates.
- Bankruptcy filing for 'Jerry Maguire' sports agentBankruptcy filing delayed for several years to try to pay off debts, says superstar agent Leigh Steinberg, who served as inspiration for movie 'Jerry Maguire.' But aggressive actions by creditors forced bankruptcy filing.
- Stocks fall on threat of a European recessionThe Dow dropped 13 points to close at 12449 after the European Union projected slow economic growth in 2012
- Stocks fall on Europe woesStocks down in Europe ahead of key European bond auctions. Futures point to lower open for stocks in US.
- Stocks get a boost from Europe, corporate earningsThe Dow rose 69 points to close at 12462 as hopes for strong corporate earnings boosted the markets.
- Tough times? Not for Rolls-Royce.Rolls-Royce enjoys record sales in 2011. Nearly a third of Rolls-Royces are sold in China.
- Car of the year award: prestige. But more sales?Car of the year is Hyundai Elantra, while Range Rover Evoque named truck of the year at Detroit auto show. But car of the year winner doesn't always see a boost in sales.
- Stocks drift higher on yet another slow trading dayThe Dow crept up 33 points to close at 12393 as traders waited for quarterly financial results from Alcoa Corp. that might offer clues about the economic recovery.
- Papa John's apologizes for racial slurPapa John's receipt – with Asian slur written on it – goes online, prompts apology. Papa John's says it has dismissed the employee.
- Oil prices edge up to near $102 a barrelOil prices pushed up by worries over European debt crisis. But some analysts see oil prices declining on slowing world growth and seasonal falloff.
- Retirement funds in Kentucky lose big with hedge fund failureRetirement funds for Kentucky state and local workers see $100 million loss after hedge fund fails. Official expects to recoup the retirement funds lost.
- Hedge funds scammed by Madoff won't get paymentsCustomers of hedge funds – or so-called 'feeder funds' – that invested with Madoff don't qualify for a settlement fund, a federal judge affirms. Thousands of clients of 16 hedge funds hoped to collect from the $500,000 fund.
- 30-year mortgage rate falls to 3.9 percent30-year mortgage rate matches record set two weeks ago, says mortgage giant Freddie Mac. But low 30-year mortgage rate has not provided much boost to home sales or refinancings so far.
- Bond yields fall on Europe fearsBond yields dip despite strong jobs report. Concerns over Europe's debt woes drove bond yields of 10-year Treasury below 2 percent and 30-year Treasury to just above 3 percent.
- Good news on jobs fails to lift stocksDespite a strong jobs report, the Dow lost 55 points to close at 12359 amid continued concern over Europe's financial problems
- Stock market divide: Asia down, Europe upStock market indexes in Asia close lower on bad news out of Europe. But European stock market indexes rise on hopes for stronger US job data.
- IRS 12 times more likely to audit millionaires than the rest of usThe IRS audited one in eight millionaires who filed taxes last year while only auditing 1 in 100 individuals earning less than $200,000 in an effort to "assure that there's equity in the system."
- Tax filing deadline: IRS moves it to April 17Tax filing Americans get a two-day reprieve because of quirks in the calendar. A Washington, D.C., holiday extends tax filing season to April 17.
- Bluefin tuna auctioned in Tokyo for record $736,000Bluefin tuna auction: Tokyo's Tsukiji fish market saw last year's record broken with the auction of a $736,000 bluefin tuna. It also broke the record for most expensive bluefin tuna by the pound, priced at $1,238 per pound.
- Dow takes a tiny fall; stocks mixedAfter dropping sharply early Thursday, the stock market gained steady ground for six straight hours. The Dow lost 2 points to close at 12415, its first loss of 2012.