Stocks end brutal August with an up day
Stocks lost momentum Wednesday afternoon after enjoying a strong rally earlier in the day. The seesaw ride was fitting on this last day of what has been an extremely volatile month for Wall Street. Investors today digested several economic reports on the labor market and manufacturing
Continue Reading →MEGA-MERGER IN PERIL
The U.S. Department of Justice filed an antitrust lawsuit against AT&T on Wednesday seeking to block its billion merger with T-Mobile. Business and financial news – CNNMoney.com
Continue Reading →SHAME ON YOU, EXXON
Exxon landed a big deal with Vladimir Putin. Should shareholders be concerned? Business and financial news – CNNMoney.com
Continue Reading →JOBS RECOVERY SPUTTERS
Don’t look to August for a robust jobs recovery. According to a report out Wednesday, the U.S. economy added jobs during the month, but not nearly at the momentum seen earlier this year. Business and financial news – CNNMoney.com
Continue Reading →Exxon in Arctic deal with Russian oil giant
ExxonMobil is making a big move into the Russian Arctic. The U.S. oil company entered into a partnership with Russian oil giant Rosneft Tuesday, giving Exxon access to vast Arctic oil deposits and Rosneft a leg up in cutting-edge oil technology. Business and financial news – CNN
Continue Reading →Stocks eke out gains
Investors were more optimistic Tuesday afternoon after the Federal Reserve’s minutes from its most recent meeting indicated that some Fed members favored more stimulus. Business and financial news – CNNMoney.com
Continue Reading →SURPRISE 6-FIGURE SALARIES
Even in this economy, these 10 go-getters are bringing home six figure salaries from jobs you may not expect. Business and financial news – CNNMoney.com
Continue Reading →HOUSING STILL STRUGGLES
Home prices made a comeback during the second quarter, but the struggling housing market isn’t out of the woods yet. Business and financial news – CNNMoney.com
Continue Reading →Greek bailout must go forward, EU proclaims
Amid worries that the latest bailout for Greece could unravel, Eurogroup President Jean-Claude Juncker said Monday that Finland’s call for collateral will not stop the rescue effort. Business and financial news – CNNMoney.com
Continue Reading →Irene damage estimates: $10 billion
Hurricane Irene left 24 people dead, 3 million customers without power and potentially billions of dollars in damage from flooding and wind. Business and financial news – CNNMoney.com
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