Articles written by marley jay
Sorted by date Results 26 - 50 of 53
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Of Mutual Interest: Reacting to volatile oil prices
NEW YORK (AP) — Just a month ago oil surged to its highest price in three years, and some investors were wondering if crude was again on its way to $100 a barrel. Instead, the price has tumbled. Reports say OPEC plans to support an increase in produc...
US stocks finish mostly higher as energy companies climb
NEW YORK (AP) — Oil prices and energy companies rallied Friday after OPEC said it will produce more oil, but not as much as investors feared. While trade tensions remained in the headlines, U.S. stocks finished slightly higher at the end of a b...
Stocks slip after Fed says interest rates will rise faster
NEW YORK (AP) — U.S. stocks slipped Wednesday after the Federal Reserve raised interest rates and said it expects to increase rates two more times by the end of the year. Investors bet that several huge deals are more likely to happen after a f...
Trade tremors: How tariffs, tough talk has unsettled markets
NEW YORK (AP) — Fears of a trade war have given a boost to some of the smallest companies on the market as well as some of the biggest technology companies, but they've squeezed almost everything in the middle. For more than three months, i...
Fed gives stocks a boost; technology and retailers rally
NEW YORK (AP) — U.S. stocks turned higher Wednesday after the Federal Reserve indicated it's not in a hurry to raise interest rates too quickly. Retailers and technology companies led the way as the market erased some early losses. Stocks opened l...
Nuns, funds and guns: the firearms debate on Wall Street
NEW YORK (AP) — Some of Wall Street's heaviest hitters are stepping into the national debate on guns as investment firms ask firearms makers what they are doing about gun violence. The firms speak softly, but because they own trillions of dollars' w... Full story
Stocks rise as Trump signs tariffs, but trade fears ease
NEW YORK (AP) — After hours of indecisive trading, stocks finished with modest gains Thursday after President Donald Trump formally ordered tariffs on steel and aluminum imports with terms that were less harsh than investors had feared. Stocks r...
US stocks soar on strong jobs report; inflation fears ease
NEW YORK (AP) — Wall Street got exactly what it wanted from Friday's jobs report: solid hiring, moderate wage growth and continued low unemployment. Investors sent stocks sharply higher, particularly their recent favorites, technology companies. U.S....
Trade worries sink stocks as Trump economic adviser departs
NEW YORK (AP) — U.S. stocks are lower Wednesday as investors worry that more protectionist trade policies are on the way. Gary Cohn, the top economic adviser to President Donald Trump, resigned after he opposed the administration's planned tariffs on...
OxyContin maker will stop promoting opioids to doctors
NEW YORK (AP) — The maker of the powerful painkiller OxyContin said it will stop marketing opioid drugs to doctors, bowing to a key demand of lawsuits that blame the company for helping trigger the current drug abuse epidemic. OxyContin has long b...
Stock market plunges again, enters 1st correction in 2 years
NEW YORK (AP) — The Dow Jones industrials plunged more than 1,000 points Thursday, deepening a weeklong sell-off and dragging the stock market into an official "correction" for the first time in two years as fearful investors sought to get out b...
Dow turns 567 point loss into 567 point gain as stocks rally
NEW YORK (AP) — U.S. stocks rallied Tuesday as a late surge helped them regain almost half their losses from the day before, when they had their biggest plunge in 6 ½ years. That came at the end of a day of heavy trading and huge swings for the ma...
Tech and consumer-focused companies rise; Netflix leaps
NEW YORK (AP) — Technology and consumer-focused companies led U.S. stocks to more records Tuesday. Netflix, at the center of both groups, soared after saying it gained more than 8 million subscribers at the end of 2017. Bond prices rose and yields fe...
Bitcoin goes on wild ride and it may only get crazier
NEW YORK (AP) — What's a bitcoin worth? Lately nobody knows for sure, but after a wild ride on Friday, it's worth a good deal less than it was Thursday. After losses over the last few days, the digital currency fell as much as 30 percent overnight i...
US stocks climb, led by health care companies and banks
NEW YORK (AP) — U.S. stocks set more records Monday as health care companies and banks continued to surge as investors grew more optimistic about the recovery in manufacturers. Stocks got a boost after the Institute for Supply Management said U.S. f...
Gains for drugmakers help US stocks reach new records
NEW YORK (AP) — U.S. stocks finished slightly higher Thursday, led by technology companies and drugmakers. After a big move the day before, that was enough to take stocks back to record highs. After a slow start, stocks gradually moved upward in afte...
Small companies make biggest gains as US stocks rise
NEW YORK (AP) — U.S. stocks climbed Wednesday as smaller companies soared following a report that showed business investment climbed in August. Investors also hoped stocks will benefit from tax cuts proposed by President Donald Trump and c...
US stocks waver again as energy companies fall
NEW YORK (AP) — Technology and energy companies skidded Friday while banks and insurers recovered some of their recent losses, leaving major U.S. indexes little changed on the day and moderately lower for the week. Credit monitoring company E...
US stocks jump after report of stronger consumer spending
NEW YORK (AP) — U.S. stocks rose again Thursday as investors were pleased with a report that showed spending by U.S. consumers grew in July, along with wages and salaries. Health care and technology companies lead the way and the Nasdaq composite c...
US stocks rise as investors cheer August jobs report
NEW YORK (AP) — Not great, but good enough: U.S. stocks rose Friday as investors viewed a relatively weak jobs report for August as likely to help keep interest rates low. Banks, energy companies and automakers led the way. The Labor Department s...
US stocks jump as tensions with North Korea appear to ease
New York (AP) — Stocks are rallying Monday morning as the tensions between the U.S. and North Korea that flared last week appeared to ease. Technology companies and banks are making some of the largest gains as stocks bounce back from their losses w...
Stocks are at records, but it's no longer the 'Trump trade'
NEW YORK (AP) — The stock market has never been higher, and President Donald Trump would like more people to pay attention. "Stock Market could hit all-time high (again) 22,000 today," Trump tweeted Tuesday about the Dow Jones industrial average, b...
Gains for energy companies and banks boost stock indexes
NEW YORK (AP) — U.S. stocks rose Monday as banks continued to climb along with interest rates, and energy companies rallied again with oil prices. Better-than-expected auto sales and a strong report on U.S. factories also boosted stocks. Energy c...
Amazon-Whole Foods deal hammers grocery stores; Dow ticks up
NEW YORK (AP) — Amazon's $13.4 billion deal for Whole Foods sent grocery stores, big retailers, and food makers and distributors plunging Friday. Energy companies rose while other stocks were little changed. It's rare for a single deal to have a b...
Gas prices will rise this summer but should remain low
NEW YORK (AP) — You didn't think those super-low gas prices would last forever, did you? The U.S. government says a rebound in oil prices means drivers will be paying more at the pump this summer than last year. But that will still be a bargain c...
