Nasdaq breaks record-high set during dotcom boom
The Nasdaq Composite index surpassed the 15-year all-time high it set during the peak of the dotcom bubble on Thursday as more data showed the U.S. economy was gathering steam.
MONEY (MSM)
Fitbit surges, Facebook diversity, and Rand Paul's tax plan
Yahoo Finance’s Midday Movers is live each weekday at 12pm ET, covering all the latest news on the markets, the economy and the biggest stories of the day.
The latest on Greece: Germany takes tough stance in talks
4:40 p.m. (1440 GMT, 10:40 a.m. EDT) German finance chief Wolfgang Schaeuble has not offered any indication that Greece’s creditor countries are willing to ease their demands in the talks. Ahead of the …
US stocks move higher, led by health sector gains
U.S. stocks moved higher in early trading Thursday, extending gains a day after the Federal Reserve left interest rates unchanged from historically low levels. Health care stocks were among the biggest …
Fitbit opens 52% higher in market debut
Shares of Fitbit opened 52 percent above their IPO price, putting it on track to rank among the top 10 stock market debuts of the year.
How Jeb Bush escaped the Florida housing meltdown
Had Bush been governor a couple years longer, his economic record would be awful.
Applications for US jobless aid fall to nearly 15-year low
The number of people seeking unemployment benefits fell last week, evidence that layoffs remain at unusually low levels and the job market is moving closer to full health. Weekly applications for jobless …
Pope urges revolution to save Earth, fix 'perverse' economy
In a sweeping environmental manifesto aimed at spurring concrete action, Pope Francis called Thursday for a bold cultural revolution to correct what he described as a “structurally perverse” …
U.S. foreclosure activity up in May as bank repossessions rise
Bank repossessions rose again last month, driving overall U.S. foreclosure activity to a 19-month high on an annual basis, industry firm RealtyTrac said on Thursday. A total of 126,868 homes across the country were at some point in the foreclosure process in May, up 1 percent from April and up 16 percent from the same time last year, RealtyTrac said. Foreclosure activity includes foreclosure notices, scheduled auctions and bank repossessions.
U.S. consumer prices post largest gain in more than two years
The Labor Department said on Thursday its Consumer Price Index rose 0.4 percent last month after gaining 0.1 percent in April. Economists polled by Reuters had forecast the CPI rising 0.5 percent from April and unchanged from a year ago. While energy prices are stabilizing, a strong dollar is curbing underlying inflation pressures.