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  • How major US stock indexes fared Monday

    Stocks closed broadly lower Monday as a spike in oil prices raised fresh worries about the strength of the global economy. The U.S. and international benchmarks for crude oil each rose more than 14% after a weekend attack on oil facilities in Saudi Arabia. Shares in airlines and other fuel-dependent industries fell, while energy stocks, […]
  • GM and American Airlines fall, Raytheon and Marathon gain

    NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday. General Motors Co., down $1.65 to $37.21 More than 49,000 members of the United Auto Workers went on strike against the automaker. Marathon Oil Corp., up $1.47 to $14.17 Energy stocks climbed after an attack on Saudi Arabia’s biggest oil processing facility […]
  • Once ridiculed, index funds now hold the reins in US stocks

    NEW YORK (AP) — They’re simple, cheap and now the most popular way for many people to invest in the U.S. stock market: index funds. Last month, for the first time, the number of dollars invested in funds tracking the S&P 500 and other U.S. stock indexes eclipsed those in funds run by managers trying […]
  • With Trump trade war a threat, Fed is set to cut rates again

    WASHINGTON (AP) — For a second straight time, the Federal Reserve is set to cut interest rates this week to try to protect the economy from the consequences of a global slowdown and President Donald Trump’s trade war with China. After that, no one — not even the Fed itself — seems sure what it […]
  • Asian shares weaker after spike in crude oil rattles market

    BANGKOK (AP) — Shares were mostly lower in Asia on Tuesday after an attack on Saudi Arabia’s biggest oil processing plant caused crude prices to soar, prompting selling of airlines and other fuel-dependent industries. The U.S. and international benchmarks for crude fell back slightly after vaulting more than 14% overnight, that’s comparable to the 14.5% […]
  • The Latest: GM contract talks extend into late afternoon

    DETROIT (AP) — The Latest on the United Auto Workers strike against General Motors (all times local): 5:30 p.m. Contract talks aimed at ending a strike by 49,000 auto workers against General Motors have extended into late Monday afternoon. United Auto Workers spokesman Brian Rothenberg says he hasn’t received any report about whether negotiators are […]
  • Markets Right Now: Stocks fall as oil prices spike

    NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks are closing lower Monday as a spike in oil prices raises fresh worries about the strength of the global economy. The U.S. and international benchmarks for crude oil each rose more than 14% after a weekend attack on […]
  • Manufacturers, retailers less optimistic, survey says

    NEW YORK (AP) — Small manufacturers and retailers are losing confidence in the national economy yet remain upbeat about their own prospects. That’s the finding of a third quarter survey of 1,000 companies released last week by the U.S. Chamber of Commerce and MetLife. Sixty-three percent of manufacturing companies surveyed were optimistic about the economy, […]
  • Liz Weston: The 6 biggest retirement mistakes, and 1 defense

    One of the biggest retirement mistakes you can make is not realizing what you don’t know. I regularly hear from people in or near retirement who misunderstand how Social Security works, dramatically underestimate life expectancies or fail to plan for big expenses, such as long-term care or taxes. These aren’t folks looking for advice. They’ve […]
  • Global stocks slip as oil prices surge

    BEIJING (AP) — Global stock markets sank Monday after crude prices surged following an attack on Saudi Arabia’s biggest oil processing facility. Market benchmarks in Europe dropped after Asian markets mostly closed lower, while Wall Street futures were down slightly. Shanghai’s index was unchanged, and Japanese markets were closed for a holiday. Benchmark U.S. crude […]