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Consumer Sentiment Rises in Late February

Fri, 02/27/2015 - 11:03am
A gauge of consumer sentiment from Thomson Reuters and the University of Michigan rose in late February from a prior reading, beating expectations.
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German consumer groups warns Facebook over data protection

Fri, 02/27/2015 - 11:00am
German consumer groups said Thursday they will file a lawsuit against Facebook unless the social network changes its terms of service.
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Pending Home Sales In January Rise To Highest Level Since Aug. 2013

Fri, 02/27/2015 - 11:00am
Pending home sales rose in January to the highest level since Aug. 2013, the National Association of Realtors reported Friday.
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Nasdaq Dips Friday, Staying Below The 5,000 Mark

Fri, 02/27/2015 - 10:56am
The Nasdaq Composite pulled back in morning action Friday after first showing little change at the open.
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Obama to host European Council president Tusk March 9 to talk Ukraine, trade, terrorism

Fri, 02/27/2015 - 10:53am
President Barack Obama will host European Council President Donald Tusk at the White House next month.
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New York board recommends new bidding to establish a casino in the state's Southern Tier

Fri, 02/27/2015 - 10:53am
The state's casino location board has moved forward with new bidding from developers for a license in New York's Southern Tier.
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Many unanswered questions about e-cigarettes, including use with tobacco products

Fri, 02/27/2015 - 10:48am
The first peek at a major study of how Americans smoke suggests many use combinations of products, and often e-cigarettes are part of the mix.
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Chicago PMI Tumbles To Five-and-half-year Low In February

Fri, 02/27/2015 - 10:48am
The February reading of Chicago PMI tumbled to a five-and-a-half year low of 45.8, MNI Indicators said Friday.
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Midwest Manufacturing Activity Contracts in February

Fri, 02/27/2015 - 10:47am
ISM-Chicago's gauge of manufacturing activity in the Midwest fell into contraction territory in February, coming in much worse than views.
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U.S. Stocks Open Flat, On Track For Monthly Gains

Fri, 02/27/2015 - 10:36am
U.S. stocks opened little-changed on Friday but the main indexes were still on track to record modest weekly gains.
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Keith Hall Named To Lead Congressional Budget Office

Fri, 02/27/2015 - 10:29am
The chairmen of the House and Senate budget committees on Friday announced the appointment of Keith Hall to lead the Congressional Budget Office.
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9 Dead In Missouri Mass Murder

Fri, 02/27/2015 - 10:27am
Nine people were found dead in several locations in rural Missouri early Friday, in what media reports are describing as a mass murder.
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VW Keeps Outlook, Ups Sales Target After Earnings

Fri, 02/27/2015 - 10:07am
Volkswagen stuck to its guidance for operating profit after posting record earnings last year on double-digit gains in sales of luxury Audi and Porsche models.
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Stock market opens lower after weaker than expected US growth late last year

Fri, 02/27/2015 - 9:47am
The stock market is opening slightly lower after the U.S. economy slowed more sharply than expected in the final three months of the year.
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FedEx's Stock Rises After Upgrade At Credit Suisse

Fri, 02/27/2015 - 9:32am
FedEx Corp.'s stock rose 1% in premarket trade Friday, after Credit Suisse raised its rating and price target, citing the improving prospects of the package-delivery service's ground business.
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U.S. Fourth-quarter GDP Trimmed To 2.2% From 2.6%

Fri, 02/27/2015 - 9:30am
The U.S. economy grew a revised 2.2% in the final three months of 2014, mostly because companies restocked warehouse shelves at a slower pace than the government originally reported.
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U.S. 4Q Economic Growth Rate Revised Lower

Fri, 02/27/2015 - 9:20am
The U.S. economy hit the brakes harder than initially thought in the quarter amid a slow pace of stock accumulation by businesses, wider trade deficit.
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Apple Gains Help Offset Oil Price-driven Losses At Icahn Investment Arm

Fri, 02/27/2015 - 9:19am
The steep fall in oil prices weighed on profit at Icahn Enterprises L.P. in the fourth quarter, with gains by the investment company's biggest holding, Apple Inc. , helping to mitigate losses, billionaire investor Carl Icahn said Friday.
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Oil Prices Rally Ahead of US Data

Fri, 02/27/2015 - 9:08am
Oil prices have been seesawing in reent weeks as the market weighs signs of impending supply cuts and improving demands in the face of a global supply glut. Prices in the U.S. rose Friday ahead of key data that's expected to show another reduction in domestic drilling activity.
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Dollar on Track for Eighth Month of Gains

Fri, 02/27/2015 - 9:05am
The dollar index fell amid selling at the end of the month, but it was still on track for a record eighth month of gains on the heels of better data and comments from Fed officials that helped bolster bets for a rate hike later this year.
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