Wall Street trims May gain amid economic worries
U.S. stocks fell Friday as traders grew increasingly anxious over the state of the global economy. Still, the broad S&P 500 advanced 1.1% for the month.
MONEY (MSM)
Cramer: A sign that the market could rally
Wall Street’s been soaking in red, but Jim Cramer has one signal to watch for that could point to another run in the “Mad Money” review.
Texas farmers facing 'total loss for this year'
Farms across Texas and surrounding states are flooded and waterlogged, leaving farmers who had been looking at bumper crops now worried.
Are you in a buyer's or seller's housing market?
Why it is more important than ever today, as both a buyer and a seller, to know your market well and know its housing value even better.
AmEx President Gilligan dies after becoming ill on flight
Ed Gilligan, the American Express Co. president viewed as a possible successor to Chief Executive Officer Kenneth I. Chenault, died Friday after becoming ill on an overseas flight to New York. Gilligan was returning from a business trip to Tokyo on a corporate jet, which made an emergency landing after he was stricken, according to a person with knowledge of the matter. “This is deeply painful and frankly unimaginable for
Post Blatter's re-election, Coca-Cola urges FIFA to address issues
Coca-Cola Co urged FIFA to take “concrete actions” to address the issues that have been raised, hours after Sepp Blatter was re-elected the president of the world football governing body mired in a corruption scandal. “FIFA must now seize the opportunity to begin winning back the trust it has lost,” Coca-Cola, one of the major sponsors of FIFA, said in an email on Friday. Blatter was re-elected the president of
Strong sales could shift Ford, GM to higher gear
Meeting those forecasts could be enough to lift the sector – among the cheapest in the market – putting the sting of product recalls and tepid recent growth in the rear view mirror. “This is going to be one of the best months ever,” said David Kudla, chief investment strategist of Mainstay Capital Management in Grand Blanc, Michigan. Weak auto results contributed to flat overall retail sales in April, but
Greece open to compromise to seal deal this week: interior minister
Greece’s government is confident of reaching a deal with its creditors this week and is open to pushing back parts of its anti-austerity program to make that happen, the country’s interior minister said Saturday. Greece and its EU/IMF creditors have been locked in talks for months on a cash-for-reforms deal and pressure is growing for a deal, since Athens risks default without aid from a bailout program that expires on
Airbus sees 'several hundred' orders at Paris Airshow
Airbus could announce “several hundred” airplane orders at the June 15-21 Paris Airshow, Fabrice Bregier, chief executive of the planemaking unit of Airbus Group, said on Saturday. Interviewed …
Policies working, ECB must persist with purchase programs: Constancio
The European Central Bank’s monetary policy, aimed at raising inflation in the euro zone area, is working according to plan, ECB vice president Vitor Constancio said on Saturday, citing recent figures. …