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Stocks Slide After Unemployment Claims Jump
NEW YORK (AP) — Stocks slid Thursday after claims for unemployment benefits rose unexpectedly for the first time in three weeks. The Labor Department said Thursday that 412,000 people applied for...
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Stocks Sink After S&P Issues Warning On US Debt
NEW YORK (AP) — A warning from Standard & Poor’s that the agency might lower its rating on U.S. government debt sent stocks on their steepest slide in a month Monday. S&P said there is a 33...
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Stock Market Posts Gains After Mixed Earnings
NEW YORK (AP) — Johnson & Johnson led the Dow Jones industrial average higher on Tuesday. The health-care heavyweight rose 3 percent after reporting earnings that beat Wall Street’s expectations....
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Stocks Fall At Start Of A Full Week Of Earnings
NEW YORK (AP) — Mixed corporate earnings reports sent stock indexes wobbling Monday. The Dow Jones industrial average fell 37 points, or 0.3 percent, to 12,468 in midday trading. The Standard &...
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Stocks Plunge On European Debt Worries
NEW YORK (AP) — Stocks are opening sharply lower after warnings about the finances of several European countries reignited fears about the region’s debt crisis. The Dow Jones industrial average is down...
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Stocks, Bond Yields Sink Following Gloomy Economic Reports
NEW YORK (AP) — Stocks are mostly lower and bond yields are at a new low for the year after two reports dimmed hopes for the job market and the U.S. economy. The government says more people applied for...
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Stocks Rise On Hopes For New Greek Aid Package
NEW YORK (AP) — New hopes that a deal would be reached for Greece to avoid defaulting on its debts sent stocks higher Tuesday. The market gave up some of its gains following a surprise drop in U.S....
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Stocks Trade Lower After 5 Losing Weeks
NEW YORK (AP) — Banks and airlines are nudging stocks lower Monday, while economic worries continue to weigh on markets. Airline stocks dropped after an industry group cut its profit estimate this year...
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Crumbs Bake Shop Says Sweet Goodbye To All Its Stores
LOS ANGELES (CBSLA/AP) — Crumbs Bake Shop says it is shuttering all its stores, a week after the struggling cupcake shop operator was delisted from the Nasdaq. The New York City-based company said all...
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Etsy Goes Public, Promises To Stay True To Social Mission
http://media.losangeles.cbslocal.com/CBSLA_1604201523194189863AA.mp4 LOS ANGELES (CBSLA.com/AP) — The place where you can buy handmade dresses and crocheted dog costumes has a new hot seller: its own...
View ArticleConfusion On Wall Street When Nasdaq Glitch Shows Dramatic Gains, Losses
LOS ANGELES (CBSLA.com) — Confusion erupted on Wall Street Monday night when it appeared Amazon’s stock dropped more than $800 in after-hours trading while several others showed dramatic gains and...
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