Standard & Poor

(AP Photo)

US rate on 15-year mortgage at record 2.56 pct.

WASHINGTON (AP) — The average U.S. rate on the 15-year fixed mortgage fell to a new record low last week, and the rate on the 30-year fixed loan declined. Cheaper mortgages have encouraged more home-buying […]

05/02/2013

Standard & Poor's

Standard & Poor’s 500 climbs to an all-time high

NEW YORK (AP) — Stocks rose sharply on Wall Street Wednesday, pushing the Standard & Poor’s 500 index to an all-time high.

04/10/2013

Stocks down

Stocks plunge after jobs growth disappoints

NEW YORK (AP) — Stocks opened sharply lower on Wall Street after U.S. employers added the fewest jobs in nine months, falling short of economists’ forecasts.

04/05/2013

(AP Photo)

Where US economy has, and hasn’t, yet recovered

WASHINGTON (AP) — From household wealth to spending at stores, many of the U.S. economy’s vital signs have recovered from the damage done by the Great Recession.

04/04/2013

(AP Photo)

Signed contracts to buy US homes dips slightly

WASHINGTON (AP) — Fewer Americans signed contracts to buy homes in February, but the level stayed close to a nearly three-year high. The report suggests sales of previously occupied homes will keep rising in the coming months.

03/27/2013

Ben Bernanke

Bernanke: Stimulus hinges on sustained improvement

WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke said Wednesday that even though the U.S. economy has improved in recent months, the Fed won’t alter its aggressive stimulus policies until it is convinced the gains can be sustained.

03/20/2013

(AP Photo)

Talk of more corporate deals sends stocks higher

NEW YORK (AP) — Talk of more deal-making is sending stock prices higher, setting the market up to continue a seven-week rally. Reports that Office Depot and OfficeMax are discussing a merger come after several big corporate deals were announced recently.

02/19/2013

Standard & Poor's

US sues S&P over pre-crisis mortgage ratings

WASHINGTON (AP) — The U.S. government says Standard & Poor’s knowingly inflated its ratings on risky mortgage investments that played a key role in triggering the 2008 financial crisis.

02/05/2013

(AP Photo)

US consumers less optimistic after tax increase

WASHINGTON (AP) — An increase in Social Security taxes is leaving Americans with less take-home pay — and a more negative outlook for the U.S. economy.

01/29/2013

(AP Photo)

Apple’s sales slowdown tugs Nasdaq index lower

NEW YORK (AP) — A sharp drop in Apple’s stock is pulling the Nasdaq down with it after the tech giant predicted weaker sales. Other market indexes were mixed.

01/24/2013

(AP Photo)

‘Fiscal cliff’ deal sends markets shooting higher

NEW YORK (AP) — The “fiscal cliff” compromise, for all its chaos and controversy, was enough to send the stock market shooting higher Wednesday, the first trading day of the new year. All the major U.S. stock indexes swelled by at least 2 percent.

01/02/2013

US new home sales jump to fastest rate in 2½ years

WASHINGTON (AP) — Americans bought new homes last month at the fastest pace in more than two and a half years, further evidence of a sustained housing recovery. Sales of new homes rose 4.4 percent in November.

12/27/2012

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