All Latest News Wires
Virgin Galactic: Branson eyes 2013 launch for private space travelVirgin Galactic has 529 paid passengers so far, according to billionaire Richard Branson. The tycoon is planning on bringing his kids on the planned Virgin Galactic spaceflight.
S&P 500 poised to break losing streakThe S&P 500 is set to break a four-day streak of losses, as US stocks opened higher Wednesday. The S&P 500 losing streak is the index's longest since May.
Oil prices near $85 per barrel as supplies dwindleOil prices rose Tuesday as US supplies fell for the second straight week. Benchmark oil prices for August were up 92 cents to $84.83
Stocks fall for a fourth day as tech profits slumpStocks dropped over one hundred points for the fourth straight day Tuesday, following a profit slump at technology companies and steep decline in oil prices. The bad news even outweighed hopeful developments in Europe.
Neiman Marcus, Target team up for designer holiday lineupNeiman Marcus is collaborating with discount retailer Target on clothing this holiday season, featuring products from Diane Von Furstenberg and Oscar de la Renta, among others. The Neiman Marcus team-up is just the latest in a long line of partnerships with high-end fashion labels for Target.
Small business owners' optimism slides in JuneSmall business owners optimism is being taxed by a lagging economy and an uncertain political climate. According to a recent survey, small business owners are hesitant to expand, scaling back plans to hire and buy equipment.
Stocks slide ahead of corporate earnings seasonStocks closed lower on The Street ahead of US corporate earnings reports and the continued instability of markets across the pond. The Dow Jones industrial average slid 36 points to close at 12,736, the index's third straight day of losses.
Gas prices creep upward as oil soarsGas prices rose 2.4 cents over the weekend to a national average of $3.38 per gallon,, but oil spiked nearly 2 percent as Norwegian oil workers prepared to strike. Gas prices are up six cents from last week, but remain well below prices seen at the same time last year.
3 million mile Volvo: Long Island man's P1800S won't quit3 million mile Volvo owned by a Long Island schoolteacher already holds the world record for the highest recorded mileage on a car, but Irvin Gordon's beloved Volvo is expected to hit the 3 million mile mark sometime next year.
US stocks plunge after weak June jobs reportDespite preparing for a poor showing, the Dow Jones average plunged 124 points to close at 12,772. The US government reported that only 80,000 jobs were created in June, the third straight month of sluggish growth and weak hiring.
Mortgage rates fall to new record lowsMortgage rates fell again to new record lows, providing prospective buyers with more incentive to brave a modestly recovering housing market. 30-year fixed mortgage rates slipped to 3.62 percent, down from 3.66 percent last week.
Weak retail sales figures push stocks lowerStocks closed mostly lower Thursday after signs emerged that Americans are spending at a slower pace and that China's economy may be in worse shape than previously thought. The Dow Jones industrial average closed down 47 points at 12,896.
Lobster cheaper than bologna? True, thanks to surplus.Lobster is unusually cheap in Maine this season thanks to a glut that has sent prices into a freefall. In some places, soft shell lobster is selling for lower per pound prices than bologna meat at many supermarket deli counters.
US stock market climbs as world banks slash interest ratesU.S stock market futures opened higher Thursday on actions taken by central banks in Europe and China to cut key interest rates and pump stimulus money . The Dow rose 26 points to 12893 as the US stock market awaits today's reports on unemployment claims and retail sales.
Stocks rise as oil prices, factory orders also climbIn an abbreviated holiday trading session energy stocks rose due to increased tension over Iran. The major stock indexes moved higher after the government reported that factory orders rose in May. The Dow Jones rose 72 points to close at 12,943.
Chuck E. Cheese: Pizza chain mascot gets an overhaulChuck E. Cheese, the mouse mascot of the children's pizza restaurant chain of the same name, is getting a makeover. Chuck E. Cheese is now a guitar-playing rock star voiced by the lead singer of a popular punk band.
No TV ads? Maybe not. NBC, FOX, CBS sue over ad-skip feature.NBC, FOX, and CBS have file a lawsuit against Dish Network for Autohop, a feature that blacks out commercials on pre-recorded network shows. The networks argue that the feature violates copyright laws and jeopardizes the financial foundation of the entire television industry.
Slowing manufacturing numbers lead to mixed day on The StreetStocks struggled during a quiet start to holiday-week trading following news that American manufacturing numbers seem to have slowed in June. The Dow average fell after the manufacturing report, finishing down 8 points at 12,871.
Stock market rises in early trading as US awaits jobs reportThe stock market is rising in early trading Monday on hopes for new measures to deal with the eurozone debt crisis. But investors on the stock market are awaiting a critical US jobs report, to be released Friday.
Oil prices fall as optimism over EU plan fadesOil prices fell below $84 a barrel Monday as euphoria over the latest plans to solve the eurozone's economic woes faded. Oil prices were down $1.32 to $83.64 by late after noon Singapore time.
