The latest headlines from The Associated Press
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May 19, 2013 @ 9:04 pm
Economists predict increase in consumer spending
Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists. Continue reading > -
May 19, 2013 @ 9:03 pm
United to restart 787 flights on Monday
United Airlines is getting its 787s back in the air. Continue reading > -
May 19, 2013 @ 12:31 pm
Jamie Dimon under pressure ahead of investor vote
Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs. Continue reading > -
May 19, 2013 @ 11:37 am
Buybacks are a big factor behind stock market boom
It's the narcissist rally. Continue reading > -
May 19, 2013 @ 6:24 am
Hits and misses in Facebook's history
Facebook made its debut on the stock market a year ago on May 18 in one of the largest IPOs in history and the biggest for any Internet company. Continue reading > -
May 18, 2013 @ 12:53 pm
Bernanke forecasts gains from computer technology
Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong. Continue reading > -
May 17, 2013 @ 2:47 pm
Bank of Montreal ordered to fix oversight lapses
Federal regulators are ordering the Bank of Montreal to take steps to correct lapses in oversight that could allow the bank to be used for money laundering. Continue reading > -
May 17, 2013 @ 2:40 pm
Stocks rise on hopeful signs for the US economy
Encouraging news about the U.S. economy extended the stock market's rally Friday. Continue reading > -
May 17, 2013 @ 2:35 pm
US Treasury bond market at a glance
Key barometers in the Treasury market late Friday, compared with late Thursday. Price changes in the 10-year note and 30-year bond are per $100 invested: Prices Today Previous Session 10-year note _62.5 cents +46.9 cents 30-year bond _$1.28 +$1.09 Yields --- --- 1-month bill 0.04 0.00 3-month bill 0.03 0.03 6-month bill 0.07 0.07 2-year note 0.25 0.24 5-year note 0.83 0.79 10-year note 1.95 1.88 30-year bond 3.17 3.10 Inflation note 0.00 0.00 Federal Funds 0.11 0.12 Municipal Bonds (1) 4.11 4.10 ___ 1. Bond Buyer index of 40 actively traded municipal bonds. Continue reading > -
May 17, 2013 @ 1:56 pm
News Summary: Stocks gain for fourth straight week
THE FUTURE IS BRIGHT: Positive reports on leading economic indicators and consumer confidence gave the stock market a boost on Friday, helping stocks to their fourth consecutive week of gains. Continue reading > -
May 17, 2013 @ 1:51 pm
Pew survey questions Gen X, baby boomer savings
A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt, and losses during the Great Recession. Continue reading > -
May 17, 2013 @ 1:50 pm
GM stock rises above $33 for first time in 2 years
Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more than two years. Continue reading > -
May 17, 2013 @ 1:49 pm
Figures on government spending and debt
Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30. Total public debt subject to limit May 16 16,696,865 Statutory debt limit N/A Total public debt outstanding May 16 16,734,809 Operating balance May 16 35,791 Interest fiscal year 2013 through April 147,814 Interest same period 2012 145,702 Deficit fiscal year 2013 through April 487,594 Deficit same period 2012 719,859 Receipts fiscal year 2013 through April 1,603,334 Receipts same period 2012 1,383,192 Outlays fiscal year 2013 through April 2,090,928 Outlays same period through April 2,103,050 Gold assets in May 11,041 Note: The statutory debt limit is temporarily suspended until May 19, 2013. Continue reading > -
May 17, 2013 @ 1:48 pm
Stocks rise on hopeful signs for the US economy
Encouraging news about the U.S. economy is extending the stock market's rally. Continue reading > -
May 17, 2013 @ 1:41 pm
How the Dow Jones industrial average fared Friday
Encouraging news about the U.S. economy pushed stock prices higher on Wall Street Friday. A gauge of future economic activity rose more than analysts had expected, as did a measure of consumer confidence, adding to evidence that the economy is steadily recovering. The Dow Jones industrial average and the Standard & Poor's 500 index ended higher for a fourth straight week. Continue reading >











