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Updated: 28 min 54 sec ago

Leading Indicators Climb 0.7% In May

Thu, 06/18/2015 - 10:01am
The U.S. leading economic index rose 0.7% in May for the second month in a row, the Conference Board said Thursday.
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30-year Mortgage Rate Declines To 4.00%

Thu, 06/18/2015 - 10:00am
The average rate for a 30-year fixed-rate mortgage declined to 4.00% in the week that ended June 18, pulling back from an eight-month high of 4.04% hit in the prior week, according to a Thursday report from federally controlled mortgage buyer Freddie Mac.
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Mid-Atlantic Manufacturing Activity Jumps in June

Thu, 06/18/2015 - 9:53am
The Philadelphia Fed's gauge of manufacturing activity in the mid-Atlantic region rose at a much faster-than-expected pace in June, coming in at its highest level since December 2014 and nearly double forecasts.
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Grocers Association: Vermont GMO labeling law could lead to fines of up to $10 million a day

Thu, 06/18/2015 - 9:53am
The industry group suing to block Vermont's first-in-the-nation law requiring the labeling of foods made with genetically modified organisms says the law could cost the nation's grocers fines of up to $10 million a day.
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Kroger Ups Revenue Target, Profit Tops Views

Thu, 06/18/2015 - 9:47am
Kroger Co. on Thursday posted better-than-expected earnings in its first quarter as the grocer also lifted a key sales target for the year.
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News Corp. initiates semi-annual cash dividend, extends poison pill plan by 3 years

Thu, 06/18/2015 - 9:42am
News Corp. will pay a semi-annual cash dividend to shareholders in the first quarter and extended the media company's shareholder rights plan, also known as a poison pill.
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U.S. Stocks Open Higher; Dow Gains 105 Points

Thu, 06/18/2015 - 9:33am
U.S. stocks opened higher on Thursday as investors digested a number of upbeat economic reports and a day after the Federal Reserve struck a dovish tone and emphasized that rate hikes will come at a slower pace than expected.
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Weekly Jobless Claims Fall More than Expected

Thu, 06/18/2015 - 8:38am
The number of Americans filing for first-time unemployment benefits fell more than expected last week, suggesting continued tightening in the U.S. labor market and the 15-straight week claims were below 300,000.
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Consumer Inflation Sees Biggest Gain in More than Two Years

Thu, 06/18/2015 - 8:30am
Consumer prices in the United States in May booked the largest increase in more than two years as gas prices surged.
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U.S. Current Account Deficit Climbs To $113.3 Billion In First Quarter

Thu, 06/18/2015 - 8:30am
The U.S. current account deficit widened to a preliminary $113.3 billion in the first quarter, or 2.6% of gross domestic product, from a revised $103.1 billion, or 2.3%, in the fourth quarter, government data show.
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Jobless Claims Drop 12,000 To 267,000 In Mid-June

Thu, 06/18/2015 - 8:30am
The number of people who applied for U.S. unemployment benefits fell by 12,000 to 267,000 in the seven days from June 7 to June 13, keeping initial claims near a 15-year low.
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U.S. Consumer Prices Jump 0.4% In May, Biggest Gain Since 2013

Thu, 06/18/2015 - 8:30am
The U.S. consumer price index rose a seasonally adjusted 0.4% in May to mark the biggest gain in more than two years, reflecting a spike in retail gasoline prices ahead of the summer driving season.
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Kroger's Stock Jumps After Upbeat Results, Outlook

Thu, 06/18/2015 - 8:26am
Kroger Co.'s stock climbed 2% in premarket trade Thursday, after the supermarket chain reported profit and same-store sales that beat expectations, and raised its sales outlook for the year.
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Kroger tops 1Q net income expectations, misses revenue forecasts

Thu, 06/18/2015 - 8:23am
Kroger Co. (KR) on Thursday reported fiscal first-quarter profit of $619 million.
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News Corp To Launch Semi-annual Dividend, Extends Stockholder Rights Plan

Thu, 06/18/2015 - 8:13am
News Corp. said Thursday it is planning to initiate a semi-annual cash dividend of about 10 cents a share in the first quarter fiscal 2016, its first since the company was separated from 21st Century Fox Inc. in 2013.
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Waltham man convicted of insider trading charges by passing on information to golfing buddies

Thu, 06/18/2015 - 7:58am
A Waltham man has been convicted of insider trading for tipping off his golfing buddies about the business activities of a company that helped them make more than $500,000 illegally.
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Rite Aid Comp Sales Miss Estimates

Thu, 06/18/2015 - 7:39am
The No. 3 U.S. drugstore chain posted slower-than-expected quarterly same-store sales growth as the introduction of new generic drugs hurt pharmacy sales.
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Moody's raises outlook for Spain's banks to positive, ending 7-year negative rating

Thu, 06/18/2015 - 7:34am
Credit ratings agency Moody's says it has raised its outlook for Spain's banks to positive, scrapping the negative rating it had held for seven years.
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Democrats hail funding for immigrant children; critics worry state health program overburdened

Thu, 06/18/2015 - 7:33am
In a move that adds momentum to efforts to integrate immigrants, California is on the cusp of extending state-subsidized health care coverage to children from low-income families who are in the country illegally.
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Lagarde: Greece Faces Default July 1 Without Deal

Thu, 06/18/2015 - 7:25am
Greece will default with the International Monetary Fund on July 1 if it doesn't make it payment on June 30 because there's no way to delay it, IMF Managing Director Christine Lagarde said Thursday.
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