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US stocks inch higher after a big two-day rally
Pedestrians are reflected on an electronic stock board of a securities firm in Tokyo, Friday, Dec. 19, 2014. Asian stocks rallied for a second day Friday after the Federal Reserve's reassurance it was in no hurry to hike interest rates. But shares of Sony Corp. dropped as a hacking scandal rocked its American movies unit. (AP Photo/Eugene Hoshiko)

Updated: 4:51 p.m. Friday, Dec. 19, 2014

Oil and gas companies led the stock market up Friday, helping the Standard & Poor's 500 index notch its second-best week this year. With little news to give them direction, traders continued to push indexes higher. That extended a rally from Wednesday when the Federal Reserve said it was in ...
US stocks edge higher after a big two-day rally

Updated: 4:11 p.m. Friday, Dec. 19, 2014

U.S. stocks are edging higher as the market comes off a massive two-day rally. The market closed out its second-best week of the year Friday. The Standard & Poor's 500 index rose nine points, or 0.5 percent, to 2,070. It rose 3.4 percent for the week. The Dow Jones industrial ...
Unemployment rates fell in 41 US states last month

Updated: 11:54 a.m. Friday, Dec. 19, 2014

Unemployment rates fell in 41 U.S. states in November and were unchanged in six more, reflecting healthy job gains across the country. The Labor Department said Friday that unemployment rates rose in only three states: Connecticut, Louisiana, and Washington state. Solid economic growth since the spring has encouraged more employers ...
Air France-KLM stock drops on profit warning

Updated: 11:47 a.m. Friday, Dec. 19, 2014

Air France-KLM shares have plunged more than 8 percent in the wake of the airline's warning that weak demand on several long-haul routes and other factors would wipe hundreds of millions off profits this year. Shares in Europe's largest airline were down 8.2 percent at 7.63 euros in late Friday ...
US stocks open mostly higher after a two-day rally

Updated: 9:38 a.m. Friday, Dec. 19, 2014

Stocks are opening mostly higher in the U.S. as the market comes off a massive two-day rally. The Dow Jones industrial average was up 12 points, or 0.1 percent, to 17,786 as of 9:35 a.m. Eastern time Friday. The Dow had surged 421 points the day before, its biggest gain ...
Dow industrials have their best day in three years
Traders work on the floor at the New York Stock Exchange in New York, Thursday, Dec. 18, 2014.  The market is opening sharply higher, building on gains from the day before after the Federal Reserve indicated it was in no rush to raise interest rates. (AP Photo/Seth Wenig)

Updated: 5:45 p.m. Thursday, Dec. 18, 2014

The Dow Jones industrial average had its biggest surge in three years Thursday, its second straight triple-digit gain following the Federal Reserve's reassurance that it was in no hurry to raise interest rates. Bullish earnings from technology giant Oracle also drove the rally, which has helped stocks erase an early-December ...
US stocks move higher, building on Fed gains

Updated: 11:57 a.m. Thursday, Dec. 18, 2014

The U.S. stock market is moving sharply higher, building on gains from the day before after the Federal Reserve indicated it was in no rush to raise interest rates. Oracle led a rally in technology shares in midday trading Thursday after the business software maker reported earnings that were better ...
Gauge of US economy rises 0.6 percent in November
In this Monday, Dec. 15, 2014 photo, workers return from a lunch break to a subdivision under construction in Coppell, Texas. The Conference Board releases leading indicators for November on Thursday, Dec. 18, 2014. (AP Photo/LM Otero)

Updated: 10:54 a.m. Thursday, Dec. 18, 2014

An index designed to predict the future health of the economy posted a third straight solid gain in November. The Conference Board said Thursday that its index of leading indicators increased 0.6 percent last month, matching the revised October gain. The October reading had originally been reported as a 0.9 ...
US jobless aid applications decline to 289,000
In this Nov. 25, 2014 photo, former student Nathaniel Simmons operates a crane during a day of training at Georgia College of Construction. The  Labor Department releases weekly jobless claims on Thursday, Dec. 18, 2014 (AP Photo/Branden Camp)

Updated: 10:14 a.m. Thursday, Dec. 18, 2014

Fewer Americans sought unemployment benefits last week, a sign of solid job security and growing confidence among employers. Weekly unemployment benefit applications dropped 6,000 to a seasonally adjusted 289,000, the Labor Department said Thursday. That is the lowest level since late October. The four-week average, a less volatile measure, declined ...
US stocks open higher, building on Fed gains

Updated: 9:44 a.m. Thursday, Dec. 18, 2014

The U.S. stock market is opening sharply higher, building on gains from the day before after the Federal Reserve indicated it was in no rush to raise interest rates. The market is coming off its biggest one-day rise since October 2013. The Dow Jones industrial average rose 224 points, or ...
Gulf stocks gain with Dubai closing 13 percent up

Updated: 9:07 a.m. Thursday, Dec. 18, 2014

Gulf equity markets made massive gains Thursday with Dubai's main stock market rising 13 percent, just two days after closing at its lowest point of the year. Abu Dhabi's stock market closed 6.7 percent higher on Thursday while the Saudi index closed 8.9 percent higher. The upswing in Gulf equities ...
Fed rate wording boosts Asian stock markets
People walk past an electronic stock indicator of a securities firm in Tokyo Tuesday, Dec. 16, 2014 as Japan's benchmark Nikkei 225 index tumbled 324.48 points or 1.9 percent to 16,774.92. Asian stocks slid Tuesday as further weakness in oil prices and the slumping Russian ruble helped extend the global market rout. China's benchmark rose after poor factory data fueled hopes of more stimulus. (AP Photo/Shizuo Kambayashi)

Updated: 10:34 p.m. Wednesday, Dec. 17, 2014

Asian stock markets powered higher Thursday, sweeping aside worries about a flagging global economy after the U.S. Federal Reserve said it would to remain "patient" in its approach to raising interest rates. KEEPING SCORE: Japan's Nikkei 225 surged 2.5 percent to 17,242.33 and Hong Kong's Hang Seng added 1.1 percent ...
Fed to be 'patient' about a rate hike; stocks soar

Updated: 7:16 p.m. Wednesday, Dec. 17, 2014

The Federal Reserve is edging closer to raising interest rates from record lows given a strengthening U.S. economy. But it will be "patient" in deciding when to do so. That was the message sent Wednesday as the Fed ended a meeting amid heightened expectation about a forthcoming rate increase. At ...
Stocks with exposure to Cuba rise sharply

Updated: 5:37 p.m. Wednesday, Dec. 17, 2014

A batch of stocks with exposure to Cuba rose sharply Wednesday after President Obama moved to restore diplomatic relations between the U.S. and Caribbean island after more than 50 years of hostility. The move could re-establish economic ties between the countries for the first time since 1961, when Fidel Castro ...
US stocks jump as Fed promises 'patient' approach

Updated: 4:11 p.m. Wednesday, Dec. 17, 2014

The U.S. stock market is closing with its biggest gain in more than a year after the Federal Reserve said it was in no rush to raise rates. The Federal Reserve indicated Wednesday it was moving closer to raising rates from record lows because the U.S. economy and job market ...
Yellen: Push unemployment rate lower to spur inflation

Updated: 3:24 p.m. Wednesday, Dec. 17, 2014

Federal Reserve Chair Janet Yellen says she's prepared to let the unemployment rate fall from its current 5.8 percent to exceptionally low levels, saying doing so should help cause inflation to rise closer to the Fed's 2 percent target. A forecast provided by Fed policymakers indicates that the unemployment rate ...
US stocks move higher; Traders watch Fed meeting

Updated: 11:53 a.m. Wednesday, Dec. 17, 2014

The U.S. stock market is moving higher ahead of a policy announcement from the Federal Reserve. Energy stocks rose sharply after the price of crude oil turned higher. The Dow Jones industrial average rose 152 points, or 0.9 percent, to 17,221 as of 11:45 a.m. Eastern time Wednesday. The Standard ...
US stocks open higher; Traders watch Fed meeting
The facade of the New York Stock Exchange, Thursday, Oct. 2, 2014. Global stocks were mostly lower Wednesday Dec. 17, 2014 as oil prices tumbled again while investors waited for a U.S. Federal Reserve statement on monetary policy. (AP Photo/Richard Drew)

Updated: 9:41 a.m. Wednesday, Dec. 17, 2014

The U.S. stock market is opening modestly higher ahead of a key policy announcement from the Federal Reserve. The Dow Jones industrial average rose 70 points, or 0.4 percent, to 17,140 as of 9:35 a.m. Eastern time Wednesday. The Standard & Poor's 500 index gained eight points, or 0.4 percent, ...
UK unemployment rate at 6-year low of 6 percent

Updated: 6:04 a.m. Wednesday, Dec. 17, 2014

Official figures show Britain's unemployment rate was 6 percent in the three months to October, its lowest level since the 2008 financial crisis. That's down on the previous three-month period's 6.2 percent. The Office for National Statistics said Wednesday that 1.96 million people were unemployed in the quarter, 63,000 less ...
Ruble collapse shakes Russian economy, consumers
Signs advertising currencies light next to the exchange office in Moscow, Russia, Tuesday, Dec. 16, 2014. After a massive overnight rate hike by Russia's Central Bank, the ruble staged a two-hour rally Tuesday morning before rolling back to new historic lows. The surprise Central Bank decision to raise the rate to 17 percent from 10.5 percent came in the early hours on Tuesday in a desperate attempt to prop up the troubled currency. It's the biggest interest rate hike since 1998, the year when Russia defaulted on its sovereign bonds.(AP Photo / Alexander Zemlianichenko)

Updated: 5:01 p.m. Tuesday, Dec. 16, 2014

Russian President Vladimir Putin faces a major new challenge after a catastrophic fall in the value of the ruble, which hit a new low Tuesday despite the Central Bank's desperate efforts to halt the selling. On the streets of Moscow, panicky consumers rushed out to buy home appliances before they ...
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