May 20
Stocks open slightly lower on Wall Street
Stocks are opening slightly lower on Wall Street as the stock market comes off of four straight weeks of gains.
May 20
Lew taps government retiree pension fund
Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt.
May 20
News Summary: United resumes 787 flying
BACK IN THE AIR: United Flight 1 flew from Houston to Chicago, the first passenger flight on the airline's 787 since they were grounded in January.
May 20
Oil rises on falling dollar; gasoline at $3.65
The price of oil rose Monday, taking its cue from the stock market and the dollar.
May 20
How the Dow Jones industrial average fared Monday
The Dow Jones industrial average and the Standard & poor's 500 index edged lower on Monday as investors waited on more information about the Federal Reserve's economic stimulus program. On Wednesday Fed Chairman Ben Bernanke will appear before Congress and the central bank will release minutes of its most recent policy meeting.
May 20
Judge gives final approval to A123 bankruptcy plan
A Delaware bankruptcy judge has given final approval to the reorganization plan of failed battery maker A123 Systems Inc., which was the recipient of a $249 million Department of Energy grant.
May 20
Small company stock are a bright spot
Small-company stocks were a bright spot in a subdued start to the week for Wall Street.
May 20
Ryanair keeps growing, reports record profits
Ryanair reported record profits Monday as Europe's largest budget airline expanded its route network across the continent and into North Africa.
May 19
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.
May 19
United restarts 787 flights after grounding
United Airlines put its 787 back in the air on Monday, with both the airline and Boeing hoping to put the plane's four-month grounding behind them.
May 19
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.
May 19
Buybacks are a big factor behind stock market boom
It's the narcissist rally.
May 19
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.
May 18
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.
May 17
Gauge of US economy's future health up in April
A measure of the U.S. economy's future health rose solidly in April, buoyed by a sharp rise in applications to build homes and a better job market.
May 17
Business events scheduled for the coming week
TUESDAY, May 21
May 17
Gold prices sink for seventh day, near April low
Gold prices fell for a seventh day in a row on Friday, drawn down by a stronger U.S. dollar and better economic news.
May 17
Bill clears House for wider SEC economic analyses
Legislation cleared the House on Friday that would place stricter requirements on the federal agency overseeing Wall Street to assess the costs and benefits of its regulations before they are issued.
May 17
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.
May 17
Italian Cabinet passes first economic measures
Italy's new cross-party government has adopted its first measures to help the economy. They include suspending a tax on primary residences and allocating funds to extend a short-term layoff scheme.
May 17
Stocks rise on hopeful signs for the US economy
Encouraging news about the U.S. economy is extending the stock market's rally.
May 17
Oil rises above $96 on encouraging economic news
The price of oil rose to $96 a barrel on Friday on hopes that a steady recovery in the U.S. economy could boost fuel use.
May 17
Lew tells Congress of steps to avoid debt default
Treasury Secretary Jacob Lew told Congress on Friday that the administration will begin taking steps next week to avoid a default on the nation's debt until Congress votes to raise the government's borrowing limit.
May 17
Unemployment falls in 40 US states, rises in 3
Solid hiring helped lower unemployment rates in 40 U.S. states last month, the most since November. The declines show the job market is improving throughout most of the country.
May 17
Bloomberg appoints ex-IBM CEO as privacy adviser
Bloomberg LP, the financial news and information service, on Friday said it has appointed Samuel Palmisano, the former CEO of IBM, as an independent adviser on its privacy and data standards.
