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Stocks mostly rising following Intel deal for chip designer
FILE - This July 15, 2013 file photo shows the New York Stock Exchange in New York. U.S. stocks inched mostly lower in morning trading Monday, June 1, 2015, as investors sold across industries. (AP Photo/Mark Lennihan, File)

Updated: 12:30 p.m. Monday, June 1, 2015

U.S. stocks rose modestly in early afternoon trading Monday following a rise in a key manufacturing index and news of a big acquisition in the semiconductor industry. Six of 10 industry sectors of the Standard and Poor's 500 index were higher, led by health care companies. KEEPING SCORE: The Dow ...
Chip deal sets off an early rally in technology shares
People walk by an electronic stock board of a securities firm in Tokyo, Monday, June 1, 2015. Weak Chinese manufacturing data boosted stock markets in Shanghai and Hong Kong on Monday as investors speculated on the rising likelihood of new stimulus measures. Other Asian benchmarks fell as unease over waning U.S. growth and delays in reaching an agreement on Greece's bailout terms spilled into the new week. (AP Photo/Koji Sasahara)

Updated: 9:42 a.m. Monday, June 1, 2015

U.S. stocks are opening modestly higher, led by gains in the technology sector following a big acquisition in the semiconductor industry. Chip designer Altera jumped 6 percent, the most in the Standard & Poor's 500 index, after the company agreed to be acquired by Intel for $17 billion in cash. ...
US consumer spending flat in April as income, savings rise
FILE - In this Friday, Feb. 6, 2015 file photo, a shopper pays for his produce at a farmers market in downtown Los Angeles.  The Commerce Department releases its April report on consumer spending, which accounts for 70 percent of economic activity, on Monday, June 1, 2015. (AP Photo/Richard Vogel, File)

Updated: 9:25 a.m. Monday, June 1, 2015

U.S. consumers held back from spending more in April, deciding instead to channel income gains into savings. Consumer spending was flat in April — the weakest performance in three months — after a revised 0.5 percent increase in March, the Commerce Department reported Monday. The March advance had been the ...
Fuel and potential fires for the US economy ahead
FILE - In this April 27, 2015 file photo, rodbusters install rebar on the new Comcast Innovation and Technology Center under construction, in Philadelphia. The Commerce Department releases first-quarter gross domestic product on Friday, May 29, 2015. (AP Photo/Matt Rourke, File)

Updated: 5:06 p.m. Friday, May 29, 2015

The US economy should get better after a sputtering first quarter, but how much better? It's complicated. Steady hiring and low gas prices should help power solid growth through the rest of 2015. The harsh winter and a labor dispute that slowed trade at West Coast ports are both over. ...
Stocks end week lower following disappointing economic data

Updated: 4:35 p.m. Friday, May 29, 2015

Stocks sank Friday following news that the U.S. economy shrank in the first three months of the year. The revised data showed that gross domestic product contracted 0.7 percent in the first quarter. That was worse than the government's initial estimate of growth of 0.2 percent. The Dow Jones industrial ...
Report: Health insurer Humana considering a sale

Updated: 4:12 p.m. Friday, May 29, 2015

Humana shares soared well beyond all-time high prices Friday afternoon on speculation that the company, one of the nation's biggest health insurers, might be up for sale. Analysts have been discussing for a few weeks the possibility that large health insurers flush with cash may be hunting for a big ...
US consumer sentiment drops in May
FILE - In this March 13, 2015 file photo, shoppers walk past an advertisement for retailer "bebe" along Lincoln Road Mall, a pedestrian street featuring retail stores and outdoor cafes, in Miami Beach, Fla. The University of Michigan issues its monthly index of consumer sentiment for May on Friday, May 29, 2015. (AP Photo/Lynne Sladky, File)

Updated: 11:54 a.m. Friday, May 29, 2015

A weak U.S. economy pulled down consumer sentiment in May. The University of Michigan says its index of consumer sentiment dropped to 90.7 from 95.9 in April. The May reading was the lowest since November. Consumers of all ages and income levels were gloomier this month. And they were less ...
Stocks open slightly lower after economic data disappoints
FILE - This Oct. 2, 2014 file photo shows the Wall Street subway stop on Broadway, in New York's Financial District. The U.S. economy went into reverse in the first three months of this year as a severe winter and a widening trade deficit took a harsher toll than initially estimated.  The overall economy as measured by the gross domestic product contracted at an annual rate of 0.7 percent in the January-March period, the Commerce Department reported Friday, May 29, 2015.  (AP Photo/Richard Drew)

Updated: 9:43 a.m. Friday, May 29, 2015

U.S. stocks are opening slightly lower after the government reported that the domestic economy contracted in the first three months of the year. The revised figures published early Friday, which showed gross domestic product contracting 0.7 percent in the first quarter, was worse than the government's initial estimate of growth ...
Japan data show spending, factory output muted as yen falls
FILE - In this Feb. 27, 2015 file photo, people walk a pedestrian crossing in Tokyo. Japan's jobless rate dropped to an 18-year low in April, but industrial production, inflation and household spending were muted as consumers kept purse strings tight. The government said Friday, May 29, 2015 that the unemployment rate was 3.3 percent in April, the lowest since April 1997, as firms stepped up hiring. (AP Photo/Eugene Hoshiko, FIle)

Updated: 2:04 a.m. Friday, May 29, 2015

Japanese data on Friday showed a mixed outlook for the world's third-largest economy while a renewed decline in the value of the yen is adding to uncertainty over whether the recovery is gaining ground. By some measures, Japan's economy is on the upswing as share prices surge thanks to exporters ...
China stocks extend fall, investors jittery after big tumble
FILE - This Monday, July 15, 2013 file photo shows the American flag and Wall Street street sign outside the New York Stock Exchange, in New York. Stocks are moderately lower in early trading Thursday, May 28, 2015, a day after the Nasdaq composite closed at a record high. (AP Photo/Mark Lennihan, File)

Updated: 11:18 p.m. Thursday, May 28, 2015

Chinese stocks fell again Friday as investors remained jittery a day after a sharp sell-off. Other major Asian benchmarks climbed. KEEPING SCORE: The Shanghai Composite Index in mainland China declined 0.4 percent to 4,600.73 as it swung between gains and losses a day after tumbling 6.5 percent. Japan's Nikkei 225 ...
GoPro gets real ... virtually real
GoPro’s senior production artist Abe Kislevitz demonstrates how to use a drone with a GoPro camera in San Mateo, Calif. The drone, named Phantom, is made by DJI. (Dai Sugano/Bay Area News Group/MCT)

Updated: 5:30 p.m. Thursday, May 28, 2015

Shares of GoPro jumped to a five-month high Thursday after the company's CEO said the company is getting into the drone and virtual reality business. The company already dominates the action video camera market and its entry into the fast-growing field of drones and virtual reality sent shares up 3 ...
US stocks end modestly lower

Updated: 4:11 p.m. Thursday, May 28, 2015

U.S. stocks are ending modestly lower following a sell-off in the Chinese market and concerns about an approaching deadline for Greece to make a debt payment. The Dow Jones industrial average fell 36 points, or 0.2 percent, to close at 18,126 Thursday. The Standard & Poor's 500 index edged down ...
Why a shrinking US economy last quarter isn't cause for fear
In this photo made on Thursday, Feb. 12, 2015, a man welds parts in fans for industrial ventilation systems at the Robinson Fans Inc. plant in Harmony, Pa. On Friday, the government will likely say the economy shrank in the January-March quarter for a second straight year, but steady job gains are widely expected to propel modestly healthy growth for the rest of 2015. (AP Photo/Keith Srakocic)

Updated: 12:39 p.m. Thursday, May 28, 2015

Another first quarter of the year. Another reversal for the U.S. economy. Another expectation of a rebound to come. On Friday, the government will likely estimate that the economy shrank in the January-March quarter for a second straight year, depressed by brutal weather, a reeling energy sector and an export ...
US stocks ease in midday trade, day after Nasdaq record

Updated: 12:03 p.m. Thursday, May 28, 2015

Stocks are moderately lower in midday trading, a day after the Nasdaq composite closed at a record high. Energy stocks were among the biggest losers Thursday as the price of oil fell. The Dow Jones industrial average was down 81 points, or 0.5 percent, to 18,081 as of 11:45 a.m. ...
US jobless aid applications rose last week; total still low
In this April 22, 2015 photo, Ralph Logan, general manager of Microtrain, left, shakes hands with a job seeker during a National Career Fairs job fair in Chicago. The U.S. Labor Department reports on the number of people who applied for unemployment benefits last week on Thursday, May 28, 2015. (AP Photo/M. Spencer Green)

Updated: 9:47 a.m. Thursday, May 28, 2015

More Americans sought unemployment benefits last week, though the overall level remains low and points to a healthy job market. Weekly applications increased 7,000 to a seasonally adjusted 282,000, the Labor Department said Thursday. The four-week average, a less volatile measure, rose 5,000 to 271,500. The average had fallen to ...
Slight declines for US stock indexes in early trading

Updated: 9:39 a.m. Thursday, May 28, 2015

Stocks are moderately lower in early trading, a day after the Nasdaq composite closed at a record high. The Dow Jones industrial average was down 59 points, or 0.3 percent, to 18,106 as of 9:35 a.m. Eastern time Thursday. The Standard & Poor's 500 index lost two points, or 0.1 ...
Global stocks down as Shanghai sinks, Greece deadline looms

Updated: 7:27 a.m. Thursday, May 28, 2015

Chinese shares dived Thursday after big gains in the past three months and other global stock markets were mostly lower as a deadline neared for cash-starved Greece to make a debt payment. KEEPING SCORE: Shares suffered a dramatic plunge in China with the Shanghai Composite dropping more than 6 percent. ...
Asia stocks uneven as Greece deadline looms, Tokyo gains

Updated: 11:26 p.m. Wednesday, May 27, 2015

Asian stocks were uneven Thursday as hopes in Europe for a Greek bailout were welcomed by some regional markets and a cheap yen kept the upswing in Tokyo shares going. KEEPING SCORE: Japan's benchmark Nikkei 225 rose 0.7 percent to 20,609.28; the index is up nearly 10 percent in the ...
Greece says deal close, Schaeuble quashes optimism
Greece's Prime Minister Alexis Tsipras, right, is welcomed by Finance Minister, Yanis Varoufakis, during his visit at the Finance Ministry in Athens Wednesday, May 27, 2015. Greece is out of cash to repay debts due as soon as next week. The country and its creditors — other eurozone countries and the International Monetary Fund — have been locked in negotiations for months on what reforms the southern European country needs to take to get the final batch of loans from its international bailout. (Costas Baltas/InTime News via AP) GREECE OUT

Updated: 7:39 p.m. Wednesday, May 27, 2015

Greece's cash-strapped government insisted Wednesday it was "very close" to reaching a vital deal with bailout lenders, but the optimism in Athens was swiftly shot down by German Finance Minister Wolfgang Schaeuble. Greece's four-month-old government is days away from loan repayments to the International Monetary Fund it says it may ...
Drilling cutbacks drag down job growth in oil patch
FILE - In this Oct. 22, 2014 file photo, job seekers fill out a job applications at a job fair in Miami Lakes, Fla. The Labor Department reports on state unemployment rates for April on Wednesday, May 27, 2015. (AP Photo/Alan Diaz, File)

Updated: 1:15 p.m. Wednesday, May 27, 2015

Hammered by cheaper oil, drilling firms have laid off workers and dragged job growth lower in states from Texas to North Dakota. In Oklahoma, mining and logging jobs, which mostly include oil and gas drilling, fell for the fifth straight month in April. Texas lost 8,300 jobs in the sector, ...
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