FOX News: Business

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Updated: 17 min 20 sec ago

Jobless Claims Rise by 7,000

Thu, 01/14/2016 - 9:28am
The number of Americans filing for unemployment benefits unexpectedly rose last week, but remained below levels associated with a healthy labor market.
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Bank Stocks Trade Broadly Higher After J.P. Morgan Chase Results

Thu, 01/14/2016 - 8:52am
Bank stocks were broadly bouncing in premarket trade Thursday, after J.P. Morgan Chase & Co. reported better-than-expected fourth-quarter results.
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Best Buy Expects 4Q U.S.Sales to Fall 1.5%

Thu, 01/14/2016 - 8:45am
Best Buy said it expected its U.S. sales to fall by about 1.5% in the current quarter due to weak demand for mobile devices, scanners and printers in the holiday season.
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The Bank of England Leaves Key Rate Unchanged

Thu, 01/14/2016 - 8:05am
The Bank of England held its benchmark interest rate steady Thursday, as plunging stock markets add to concerns that the global economy could be facing a bumpy ride in 2016.
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JPMorgan 4Q Profit Rises

Thu, 01/14/2016 - 7:44am
J.P. Morgan Chase & Co. said its fourth-quarter profit rose thanks in part to higher earnings within its investment banking division.
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Goldman Plans Job Cuts In Fixed-Income Area

Thu, 01/14/2016 - 5:14am
Goldman Sachs Group is planning to cut up to 10% of its fixed-income traders and salespeople later this quarter.
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Chinese Yuan Slips, Stocks Stage Late Rally

Thu, 01/14/2016 - 5:05am
After a fragile morning, the country's stock markets finished strongly, though they remain sharply down for the year.
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Winning $1.6B Powerball Tickets Sold in Three States

Thu, 01/14/2016 - 4:26am
Winning tickets in the nearly $1.6-billion Powerball lottery were sold in California, Florida and Tennessee, leaving at least three people to split the record-setting jackpot.
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Explosions, Gunfire Rock Jakarta, At Least 1 Killed

Thu, 01/14/2016 - 12:43am
A series of large explosions rocked Jakarta, the capital of Indonesia, on Thursday morning.
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At Least One Winner In $1.6 Billion Powerball Jackpot

Thu, 01/14/2016 - 12:24am
Wednesday night's record Powerball jackpot -- estimated at $1.6 billion -- has at least one winner.
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Dow Ends Over 350 Points Lower

Wed, 01/13/2016 - 7:02pm
Heavy selling puts all three major averages in a freefall and much of it happenedin the final hour of trade.
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GoPro Plummets More Than 20% On Weak Holiday Sales, Layoffs

Wed, 01/13/2016 - 5:43pm
GoPro Inc. warned investors that holiday sales were disappointing Wednesday and announced that it would cut its workforce by 7%, and shares dove more than 20% in late trading.
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S&P 500 Finishes At 3-month Low; Dow Down 364 Points

Wed, 01/13/2016 - 5:05pm
U.S. stocks closed sharply lower on Wednesday, with the S&P 500 and Dow industrials finishing at to their lowest levels since Sep 29, 2015.
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GoPro Cuts Jobs and Predicts Lower Revenue

Wed, 01/13/2016 - 4:56pm
GoPro Inc said it was cutting 7 percent of its workforce and estimated revenue for the holiday quarter below estimates as it sold fewer action cameras than expected.
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Al Jazeera to Shut Down American News Channel

Wed, 01/13/2016 - 4:32pm
Al Jazeera said it would shut down its American news channel, Al Jazeera America, by the end of April, less than three years after its launch.
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Stocks Plunge as Consumer, Health Care Names Drop

Wed, 01/13/2016 - 3:08pm
U.S. equity markets came under renewed selling pressure as the consumer discretionary and technology sectors saw steep declines.
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GE Confirms It Will Move To Boston From Connecticut

Wed, 01/13/2016 - 2:18pm
General Electric Co. confirmed reports that it will move its corporate headquarters to Boston from Fairfield, Conn., a process that could take more than two years.
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Fed: Labor Markets Tighter, Wage Growth Still Weak

Wed, 01/13/2016 - 2:09pm
U.S. wage growth remains stubbornly weak across much of the U.S. even as labor markets continue to tighten, the Federal Reserve reported Wednesday.
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General Electric to move headquarters to Boston - report

Wed, 01/13/2016 - 12:43pm
General Electric Co is set to move its global headquarters to Boston from its current location of Fairfield, Connecticut, the Boston Globe reported on Wednesday, citing a source familiar with the situation.
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GM Sees Stronger Profits After Record Sales Year for Autos

Wed, 01/13/2016 - 12:19pm
GM raised its earnings expectations for 2016 and lifted its quarterly dividend, saying the rollout of new products and additional growth in China will buoy the automaker.
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