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Stock Market

Fed voices concern about global economic pressures

WASHINGTON — The Federal Reserve sounded a note of concern Wednesday about how global pressures could affect the U.S. economy, while keeping a key interest rate unchanged.

Date: 01/28/2016 | Business Wire


Markets to face slowing company profits after China tumult

NEW YORK — Tumult in China triggered the worst opening week for U.S. stocks in history, and this week investors could get plenty more to worry about.Profits are expected to drop at U.S. companies.Again.

Date: 01/11/2016 | Nation & World


U.S. stocks edge lower; S&P 500 goes red for the year

U.S. stocks closed lower on Thursday, capping the worst year for the market since 2008.The Standard & Poor's 500 index ended essentially flat for the year after the day's modest losses nudged it into the red for 2015. Even factoring in dividends, the index eked out a far...

Date: 12/31/2015 | Business Wire


2015’s stock market winners and losers

NEW YORK — In a flat year overall for stocks, there was still plenty of excitement to be enjoyed — or endured — by 2015's biggest winners and losers.It was a year to make old guard companies shudder.New media companies like Netflix, which rose...

Date: 12/24/2015 | Business Wire


Cast some light on investing’s dark pools

Louis Brandeis, the father of market regulation in the U.S., famously called sunlight “the best of disinfectants.” The Securities and Exchange Commission announced Wednesday that it would apply his dictum to dark pools, the electronic alternative trading systems where the size and price of orders...

Date: 11/20/2015 | Business columnists


Asian stocks fall as Paris attacks sends economic worries

TOKYO — Asian stocks fell, opening the global trading day Monday after terrorist attacks in Paris on Friday last week sent worries across the world about their possible economic effects. Japan’s benchmark Nikkei 225 cascaded downward 0.8 percent to 19,443.68 in morning trading. Australia’s...

Date: 11/15/2015 | Nation & World


U.S. growth in 2nd quarter revised up to strong 3.9%

The U.S. economy performed better in the second quarter than earlier estimated, growing at a strong 3.9 percent annual rate, the Commerce Department said Friday.

Date: 09/25/2015 | Business Wire


U.S. household wealth hits new high of $85.7 trillion

WASHINGTON — Rising home values drove a modest increase in Americans' household wealth to a new high of $85.7 trillion in the April-June quarter.The Federal Reserve said Friday that Americans' stock portfolios climbed $61 billion in value, while housing wealth...

Date: 09/19/2015 | Business Wire


Millennials sock away 15 percent for retirement

Iron Man. Wonder Woman. Millennial Super Saver.He or she is an ordinary human, 18 to 34, who saves at least 15 percent of his or her salary each year in a 401(k) retirement savings plan. The mission: Save enough to retire comfortably. Or at least retire.

Date: 09/11/2015 | Business Wire


Buffett plies volatile waters, digs in on IBM

OMAHA, Neb. — Investor Warren Buffett has been adding to his company’s sizable stake in IBM during recent market turmoil, and he said Berkshire Hathaway’s $32 billion Precision Castparts deal hasn’t left him short on cash for other investments.

Date: 09/08/2015 | Business Wire


U.S. bank earnings rise 7.3 percent

WASHINGTON — U.S. banks' earnings jumped 7.3 percent in the April-June period from a year earlier as revenues increased and the volume of soured loans banks had to write off fell to the lowest level since before the financial crisis.The data issued Wednesday by the...

Date: 09/03/2015 | Business Wire


Consumer spending up moderate 0.3 percent in July

WASHINGTON — U.S. consumers increased their spending moderately in July, as wages and salaries made their biggest jump in eight months.

Date: 08/29/2015 | Business Wire


Investors yawn at low taxes in Texas

For all its success as the fastest-growing big state, luring the most business with a paucity of taxes and regulation, Texas is an inferior investment.

Date: 08/27/2015 | Business Wire


How the super rich invest their money

Rich people are raising the stakes.The wealthy are now keeping more of their money in stocks than any other asset class, according to a new report out Wednesday that offers a glimpse into the investing habits and concerns of the ultra-rich.

Date: 06/19/2015 | Business Wire


Bidding window opens for annual Buffett lunch auction

OMAHA, Neb.— Billionaire Warren Buffett will again try to sell the world’s most expensive lunch this week to raise money for a San Francisco charity that helps the poor and homeless.

Date: 05/31/2015 | Nation & World


American Airlines CEO to be paid in stock

DALLAS — The CEO of American Airlines received compensation valued at $12.3 million last year and will stop drawing a salary and instead be paid entirely in company stock.

Date: 04/23/2015 | Business Wire


Economy continues steady improvement, Buffett says

OMAHA, Neb. — Investor Warren Buffett said the economy continues to grow steadily, but too many people continue to miss out on the American dream.

Date: 04/03/2015 | Business Wire


Berkshire Hathaway profit down 17 percent

OMAHA, Neb. — Berkshire Hathaway Inc. said Saturday that its fourth quarter profit slid 17 percent because of declines in the paper value of its investments and derivative contracts.

Date: 02/28/2015 | Business Wire


Profits flow to shareholders not economy

If you’ve noticed the steep upward trajectory of the stock market over the past few years, looked around and wondered why cash doesn’t appear to be raining down upon your friends and neighbors, you’d be justified in wondering: What’s going on here? If corporate America is doing so well, shouldn’t...

Date: 02/26/2015 | Business Wire




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