Business

U.S. Stocks Dip as Banks and Energy Companies Fall

U.S. stocks are declining Friday morning as investors again look for safer places to put their money. Business-technology company Hewlett Packard Enterprises is falling after it announced weak sales. Bond…

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Business Briefs – February 23, 2017

U.S. Factory CEOs to Trump: Jobs Exist; Skills Don’t WASHINGTON (AP) – President Donald Trump brought two dozen manufacturing CEOs to the White House on Thursday and declared their collective…

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Average 30-Year Mortgage Rate Edges Up to 4.16 Percent

Long-term U.S. mortgage rates rose slightly this week, continuing a holding pattern that has prevailed this month. Mortgage buyer Freddie Mac says the rate on 30-year, fixed-rate loans edged up…

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Business Briefs – February 22, 2017

End of the Euro? French Candidate Plots Return of the Franc PARIS (AP) – What happens to the euro if Marine Le Pen actually gets elected president of France? The…

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Stocks Slip From Highs as Energy Companies Sink; Dow Gains

U.S. stocks slipped Wednesday after their recent record-setting run. Energy companies stumbled, but basic materials makers rose as investors hoped two large deals will win approval from regulators. While energy…

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Automakers Ask Trump EPA Boss to Toss Obama Mileage Decision

Automakers have asked the U.S. Environmental Protection Agency’s new chief to withdraw a decision made in the Obama administration’s final days that upheld light-vehicle greenhouse gas emissions standards through 2025.…

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Many Fed Officials See Rate Hike ‘Fairly Soon’

Federal Reserve officials expressed confidence they can raise interest rates gradually, while a hike “fairly soon” might be appropriate to avoid the risk of an overheated economy, minutes of Federal…

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Oil Drops on Worries of Swelling U.S. Stockpiles

Oil prices fell about 1.5 percent on Wednesday on expectations of another surge in U.S. inventories, but they traded close to multi-week highs after OPEC signaled optimism over its deal…

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