FOX News: Business

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Updated: 13 min 21 sec ago

Telecom companies shares mixed at 10 a.m.

Fri, 10/17/2014 - 10:39am
Shares of some top telecom companies are mixed at 10 a.m.: AT&T Inc. rose $.23 or .7 percent, to $33.87.
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Leisure companies shares up at 10 a.m.

Fri, 10/17/2014 - 10:39am
Shares of some top leisure companies are up at 10 a.m.: Carnival rose $.12 or .3 percent, to $34.81.
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Consumer Sentiment Climbs To The Highest Level In Over Seven Years

Fri, 10/17/2014 - 10:03am
Consumer sentiment in October rose to a reading of 86.4 from 84.6 in September, according to reports out Friday, marking the highest level since July 2007.
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Consumer Sentiment Rises to Highest Level Since '07

Fri, 10/17/2014 - 9:56am
Consumer sentiment rose to the highest level in more than seven years, boosted by views on personal finances and the national economy.
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New multi-state lottery game inspired by Monopoly aims to create more millionaires

Fri, 10/17/2014 - 9:47am
A new lottery game that features more but smaller jackpots will start this weekend in some U.S. states.
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Maine prices for kerosene and heating oil dip in early October

Fri, 10/17/2014 - 9:44am
A Maine government survey says the average price of heating oil in the state dropped 5 cents from the end of September to $3.27 per gallon.
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Bankers predict slow economic growth in rural parts of 10 Western and Plains states

Fri, 10/17/2014 - 9:32am
A new survey suggests slower economic growth ahead in rural areas of 10 states in the Plains and the West.
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New Jersey Assembly sends sports betting bill to Christie

Fri, 10/17/2014 - 9:31am
State lawmakers passed legislation Thursday that could allow legal sports betting in New Jersey to move forward.
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Credit Suisse Shakes Up I-Bank Unit with New Bosses

Fri, 10/17/2014 - 9:18am
Credit Suisse appointed two new investment banking bosses on Friday and promoted them to its top ranks, a move likely to raise fresh questions over its appetite to scale back a unit hit by volatility and lackluster profits.
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Eagle Materials spends $225M on frack sand producer, roughly doubling its own production

Fri, 10/17/2014 - 9:17am
Eagle Materials is moving further into the energy sector by buying a company that sells an ingredient crucial to the hydraulic fracturing techniques now widely used to extract oil and natural gas.
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Ohio's unemployment rate for September down to 5.6 percent from 5.7 percent in August

Fri, 10/17/2014 - 9:17am
Ohio's unemployment rate fell slightly last month after holding steady for two months in a row, according to state numbers released Friday.
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Honeywell raises low end of revenue and profit forecast range

Fri, 10/17/2014 - 9:14am
Honeywell International Inc, a maker of aircraft cockpit parts and other electronic equipment, reported an 18 percent jump in third-quarter profit and raised the low end of its full-year forecast range for profit and revenue.
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Austin City Council approves paid ridesharing, companies like Uber, Lyft OK to start in month

Fri, 10/17/2014 - 8:59am
The Austin City Council has cleared the way for online-based ridesharing companies such as Lyft and Uber to begin operating in 30 days.
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Yellen Greatly Concerned by Rise in Income Inequality

Fri, 10/17/2014 - 8:56am
Federal Reserve Chair Janet Yellen said on Friday the growth of income and wealth inequality "greatly" concerns her, suggesting in a detailed speech on the politically charged issue that Americans should ask whether it was compatible with U.S. values.
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Dollar Reverses Earlier Losses On Strong Housing Starts

Fri, 10/17/2014 - 8:53am
The U.S. dollar rose against its rivals Friday after the U.S. Commerce Department reported a 6.3% rise in new-home construction in September after a sizable drop in August.
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Oil Ticks Higher as Investors Say Market Oversold

Fri, 10/17/2014 - 8:52am
Brent crude oil rose more than a dollar to around $87 a barrel on Friday, bouncing from near four-year lows as investors bought back into a market they said was oversold, and as fighting in Iraq increased political risk.
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Urban Outfitters Cut To Neutral From Buy At Janney

Fri, 10/17/2014 - 8:36am
Urban Outfitters Inc. was cut to neutral from buy by Janney Capital analyst Adrienne Yih-Tennant on Friday after the retailer noted that a decline in third-quarter sales it first reported in early September has continued.
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FairPoint workers strike in Maine, New Hampshire, Vermont; company seeks to assure customers

Fri, 10/17/2014 - 8:34am
More than 1,700 FairPoint Communications workers in Maine, New Hampshire and Vermont went on strike Friday, hours after a failed attempt to re-engage the company in negotiations.
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Yellen says US has experienced several decades of increasing income inequality

Fri, 10/17/2014 - 8:31am
Federal Reserve Chair Janet Yellen says the last several decades have seen the most sustained rise in income inequality in a century.
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Housing Market Recovery Continues: Starts, Permits Rise

Fri, 10/17/2014 - 8:29am
Housing starts and permits rose in September, a signal the market's modest recovery is support apparent growing strength in the broader economy.
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