Financial Markets

Stocks head lower, market headed for a weekly loss

2013-05-24 11:51:00

The stock market headed slightly lower Friday, keeping on track for its first weekly loss in a month. The Standard & Poor's 500 index was down three points at 1,647, a slip of 0.2 percent, as of 1:30 p.m. Eastern time. The Dow Jones industrial average...

JPMorgan's Jamie Dimon survives vote to strip him of chairman role

2013-05-22 00:00:00

NEW YORK – Jamie Dimon survived a bruising fight to strip him of his chairmanship, but directors at JPMorgan Chase & Co. may still have to calm restive shareholders. Dimon, JPMorgan's savvy chairman and chief executive, easily beat a proposal to...

Fed's mixed messages roil markets

2013-05-23 00:00:00

WASHINGTON — The Federal Reserve's unprecedented stimulus efforts are starting to box in the nation's central banker. Its bond purchases have helped fuel economic growth since the financial crisis. But Fed policymakers now must figure out how...

Some Fed officials open to start tapering stimulus as soon as June

2013-05-22 12:04:00

WASHINGTON -- Some Federal Reserve officials said they were willing to start ratcheting back the central bank's stimulus program as early as June if the economic recovery strengthened further, according to minutes from their policy meeting three week ago....

Stocks close down on news that Fed considered cutting stimulus

2013-05-22 13:25:00

Stocks closed lower on news that several Federal Reserve policymakers favored cutting back on stimulus programs as early as June if the economy continues to improve. The release of minutes of the Fed's April 30-May 1 meeting reversed a surge earlier...

JPMorgan's Jamie Dimon facing push to drop chairman title

2013-05-17 17:51:00

NEW YORK — A major shareholder vote next week has Wall Street abuzz over the power and future of Jamie Dimon, leader of the country's biggest bank. As chairman and chief executive of JPMorgan Chase & Co., Dimon burnished his reputation by steering...

Stocks edge higher in early trading on Wall Street

2013-05-17 06:56:05

Stocks are slightly higher in early trading on Wall Street, even as several big retailers slumped after reporting disappointing earnings. Shortly after the opening bell Friday the Dow Jones industrial average was up 25 points at 15,259, an increase of...

Stock indexes shake off early slide, close higher

2013-05-15 14:46:00

Investors nudged the stock market to all-time highs Wednesday despite a handful of disappointing economic reports.� Google's stock topped $900 for the first time after the company announced several upgrades to its Android software for smartphones, and...

Yale joins online education platform Coursera

2013-05-15 18:10:00

Online college course provider Coursera announced Wednesday that Yale University has joined the growing network of campuses that offer free classes through the organization. Mountain View, Calif.-based Coursera said that Yale will offer four courses...

Stock prices flat as manufacturing softens

2013-05-15 07:31:00

A report of slowing manufacturing is getting the stock market off to weak start Wednesday.� News that Europe's economic slump dragged France into a recession also weighed on markets.� A half-hour after the opening bell, the Dow Jones industrial...

Warren Buffett says economy slowly improving, calls Bernanke 'gutsy'

2013-05-06 05:31:00

WASHINGTON -- Billionaire investor Warren Buffett said he sees the economy slowly improving and hailed Federal Reserve Chairman Ben S. Bernanke as "gutsy" for the actions the central bank has taken to boost growth. Buffett told CNBC on Monday that he...

Stocks surge to new highs after hiring climbs

2013-05-03 15:02:00

Stocks surged to all-time highs Friday when a surprisingly good jobs report finally gave investors a clear sign of U.S. economic strength after weeks of conflicting signals. The market jumped from the opening, traders donned party hats, and a wave of...

Rodney O. Martin, Jr. Chairman and CEO of ING U.S. rings the Opening Bell in celebration of their IPO at the New York Stock Exchange on May 2, 2013 in New York City.

2013-05-02 00:00:00

Traders on the floor of the New York Stock Exchange on Wednesday.

2013-05-01 00:00:00

Traders on the floor of the New York Stock Exchange.

2013-04-16 00:00:00