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MONEY NEWS FROM THE ASSOCIATED PRESS

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  • Business Highlights

    ___ Rising oil prices haven’t hurt the US economy so far DALLAS (AP) — An old bogeyman, higher oil prices, may still be scary but doesn’t have the same power to hurt the US economy. Yes, when gasoline costs more, consumers have less money to spend at restaurants and shops. But that’s partly offset by […]
  • How major US stock indexes fared Friday

    U.S. stock indexes finished unevenly Friday even as the Dow Jones Industrial Average eked out another all-time high. Losses in technology companies and retailers offset gains in energy and industrial stocks. A late-afternoon pullback coincided with “quadruple witching” day, when options and futures contracts expire, usually triggering heavy trading, and came ahead of a realignment […]
  • McDonald’s and BHP Billiton rise while Micron skids

    NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday: Texas Instruments Inc., up $1.56 to $110.05 The chipmaker raised its quarterly dividend and said it will buy back $12 billion in stock. United Natural Foods Corp., down $2.88 to $30.97 The organic and specialty foods distributor reported weak earnings and sales, and […]
  • Credit freeze free nationwide as of Friday

    Consumers can now freeze their credit for free under a new federal law. A credit freeze restricts access to your credit file, essentially halting anyone from opening any new credit in your name. The rules used to vary by state, but previously it could cost up to $10 to put a freeze in place. That […]
  • Markets Right Now: Dow inches to another all-time high

    NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing mixed on Wall Street even as the Dow Jones Industrial Average crept up to another all-time high. Losses Friday for technology companies and retailers, two of the market’s hottest sectors this year, offset gains in other […]
  • Peabody to purchase Shoal Creek coal mine in Alabama

    ST. LOUIS (AP) — The St. Louis-based coal company Peabody Energy has agreed to purchase Shoal Creek metallurgical coal mine from Drummond Co. Inc. for $400 million. Peabody said Friday that the transaction is expected to close by the end of the year. The Shoal Creek mine is on the Black Warrior River in central […]
  • Dow hits another all-time high on mixed day for US stocks

    Wall Street capped a milestone-setting week Friday with a mixed finish for the major U.S. stock indexes and the second all-time high in two days for the Dow Jones Industrial Average. An afternoon sell-off erased modest gains for the S&P 500 that had the benchmark index on track to eke out its own record high […]
  • Rising oil prices haven’t hurt the US economy so far

    DALLAS (AP) — America’s rediscovered prowess in oil production is shaking up old notions about the impact of higher crude prices on the U.S. economy. It has long been conventional wisdom that rising oil prices hurt the economy by forcing consumers to spend more on gasoline and heating their homes, leaving less for other things. […]
  • Ford Motor told to pay Thai customers for transmission woes

    BANGKOK (AP) — A Thai court has ordered Ford Motor Co. to pay 291 customers a total of about $720,000 in compensation for selling cars equipped with faulty transmissions. The Bangkok South Civil Court’s decision was welcomed Friday as a victory in a country where consumers rarely win redress. Most of the plaintiffs in the […]
  • Global stocks buoyed by Wall Street optimism

    BEIJING (AP) — Global stocks rose Friday as a record high on Wall Street buoyed investor sentiment despite global trade tensions. KEEPING SCORE: In Europe, London’s FTSE 100 index rose 0.9 percent to 7,433. Germany’s DAX gained 0.4 percent to 12,378 and France’s CAC 40 advanced 0.7 percent to 5,487. On Wall Street, futures for […]