Stocks surge as falling energy prices bolster mood
NEW YORK -- Wall Street surged today, extending its rally into a second session as tumbling energy prices bolstered an already upbeat mood that followed stronger-than-expected quarterly reports from big names like JPMorgan Chase and United... [More]
By Tim Paradis
Associated Press | July 17
Bernanke pessimistic on short-term economic growth
WASHINGTON -- Federal Reserve Chairman Ben Bernanke told Congress on Tuesday the fragile economy is facing "numerous difficulties" despite the Fed's aggressive interest rate reductions and other fortifying steps. [More]
Associated Press | July 16
How to get capital flowing back into the U.S.
Imagine what would happen in homes around the country if a television newscaster were to say, "And now we're going to talk about some accounting rules changes." The rush to grab remote control devices would be so instinctive, so violent and so... [More]
By James McCusker | July 13
Target-date fund strategies differ
NEW YORK -- Investors are often drawn to target-date mutual funds thinking that an investment run on autopilot is one less thing to worry about. But when the going gets bumpy, nonchalance can give way to urgent questions about whether to move money... [More]
Associated Press | July 13
Associated Press |
Wall Street leery of struggling financiers Fannie Mae and Freddie Mac
NEW YORK -- Wall Street's angst over the ongoing fallout from the credit crisis made for a turbulent end to a volatile week Friday -- stocks tumbled, soared and then turned south again as investors tried to assess the dangers faced by the country's... [More]
Associated Press | July 12
Business Briefly: Steve & Barry's retail chain files for bankruptcy
Steve & Barry's LLC, once a growing force in low-priced fashion retailing, said Wednesday that it filed for Chapter 11 bankruptcy protection, the latest merchant to succumb to a harsh consumer spending climate. It also announced that it was... [More]
July 10
Second quarter sour for most local stocks
Zumiez Inc. of Everett saw its shares rise 6 percent in value during the second quarter -- a modest rise after a large first-quarter slide. [More]
By Eric Fetters
Herald Writer | July 1
Nati Harnik / Associated Press |
Chinese investor pays $2.1M for lunch with Warren Buffett
OMAHA, Neb. -- A Chinese investment fund manager won the chance to have lunch with billionaire Warren Buffett by bidding $2.1 million in the most expensive charity auction ever held on eBay. [More]
By Josh Funk
Associated Press | June 28
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