Finance

  • Italy pays higher yields in pair of bond auctions
    Mario-monti-wolfgang-scha-007 2012-04-27 20:22:01 UTC
    MILAN (AP) — Italy was forced to pay higher interest rates Friday to entice investors to buy a little under €5 billion ($6.6 billion) worth of its 5- and 10-year bonds as jitters over Europe's debt problems have resurfaced. Investors demanded yields of 5.84 percent on the 10 year-bonds, compar...

  • Markets brush aside more grim Spanish news
    9424dc4a0dc2c4f91304731868-943x345-1 2012-04-27 20:16:42 UTC
    LONDON (AP) — Investors brushed aside more grim Spanish financial news and lower-than-anticipated U.S. economic growth figures, helping stocks to rally at the end of what has turned out to be a solid week for markets. Over the past couple of weeks, investors have grown increasingly jittery ove...

  • Why 'Sell in May' doesn't work for investors
    Untitled 2012-04-27 20:07:28 UTC
    NEW YORK (AP) — It's simple to understand, and has a nice ring to it. It's made some investors look like geniuses recently. Say it enough and you might even believe it. Too bad "Sell in May and go away" doesn't work. The idea behind the popular investing strategy is that you can make more m...

  • Stocks edge higher on Wall Street; Amazon surges
    4f9ac326aa663.image 2012-04-27 20:03:44 UTC
    NEW YORK (AP) — Stocks are trading slightly higher late Friday as investors weigh corporate profit gains against disappointing economic news. The Dow Jones industrial average rose 36 points to 13,241 at 3:45 p.m. The Standard & Poor's 500 edged up four points to 1,404. The Nasdaq composite ros...

  • A weaker first quarter doesn't mean a weak year
    539w 2012-04-27 19:39:44 UTC
    WASHINGTON (AP) — The U.S. economy grew more slowly in the first three months of this year. Governments spent less, and businesses cut back on investment. But consumers spent at the fastest pace in more than a year. The result suggests that the economy will continue to expand, slowly but stead...

  • Senate Dems ready bill freezing student loan costs
    Untitled 2012-04-25 18:08:08 UTC
    WASHINGTON (AP) — President Barack Obama is playing politics with his push to prevent interest rates on federal student loans from increasing in an election-year effort to embarrass Republicans, the Senate's GOP leader said Wednesday. Senate Minority Leader Mitch McConnell, R-Ky., aimed his re...

  • Oil prices decline on growing supply
    110502033054_oil_prices_640x360_16x9 2012-04-25 18:03:54 UTC
    NEW YORK (AP) — Oil prices dropped slightly on Wednesday after the government reported an increase in U.S. supplies. Benchmark West Texas Intermediate crude lost 22 cents to $103.33 per barrel in New York. Brent crude, which sets the price of oil imported into the U.S., lost 28 cents to $117.8...

  • US orders for long-lasting goods plunge in March
    File2tuysy 2012-04-25 17:37:52 UTC
    WASHINGTON (AP) — Orders for long-lasting factory goods fell by the largest amount in three years last month, mostly because demand for commercial aircraft plummeted. But companies also ordered less machinery and other equipment, a sign manufacturing output may slow. Orders for durable goods d...

  • Fed: Economy growing moderately; no policy changes
    539w 2012-04-25 17:24:48 UTC
    WASHINGTON (AP) — The Federal Reserve says the economy is growing moderately while cautioning that risks from Europe remain. It's holding off on taking any further steps to boost the recovery. In a statement after a two-day meeting, the Fed said Wednesday that the job market has improved sligh...

  • Germany's Merkel defends budget discipline drive
    4f96c01a21942.image 2012-04-24 15:55:21 UTC
    BERLIN (AP) — Germany defended its pro-austerity stance on Tuesday, with Chancellor Angela Merkel and two ministers pressing for Europe to stick with a policy of fiscal discipline in spite of the latest bout of political uncertainty. Financial markets in the 17 countries that use the euro were...

  • Choose The Best Loan For Your Business
    Choose_the_best_loan_for_your_business 2020-12-05 23:49:52 UTC
    To help you find the right business loan, we researched and analyzed dozens of options. Here is a roundup of our 2021 best picks, followed by an explanation of how we chose them. • How to choose the best loan for your business? • What type of business loan is best for your business? • Wh...