The broader U.S. stock market edged higher on Friday, but still posted its worst week since May, as a rally in financial stocks helped reverse losses sparked by a government report showing the U.S. jobless rate rose to a five-year high. Read more »
U.S. stocks sank Thursday, as more signs of weakness in the labor market and increasingly sluggish growth overseas heightened concerns about the corporate profit outlook. Read more »
U.S. stocks were little changed in skittish trade Wednesday as fears about a global economic slowdown were offset by strength in energy shares, including Exxon Mobil Corp. Read more »
U.S. stocks fell Friday after the previous session's sharp gains, as the price of oil rose and computer maker Dell posted a surprisingly steep drop in quarterly earnings. Read more »
U.S. stock index futures rose on Thursday on optimism about the economy after the government's higher-than-expected revision to growth in gross domestic product for the second quarter. Read more »
U.S. stocks rose Wednesday as surprisingly strong data on durable goods orders soothed some concern about the sluggish economy while Fannie Mae and Freddie Mac led a rally in financial shares. Read more »
Starbucks Corp, which is rolling out new drinks as it restructures its flagging U.S. business, said Tuesday it began selling specialty coffee brewed with its new Clover machines in 10 Seattle coffee shops. Read more »
U.S. stocks pared losses Thursday as resurgent crude oil prices spurred buying into energy shares, including Exxon Mobil Corp, offsetting fears about possible credit losses in the financial sector. Read more »
Oil prices slid Wednesday after the biggest weekly increase in U.S. crude stocks in seven years, while a deteriorating economic outlook in countries outside the United States helped the dollar resume a march toward 2008 peaks. Read more »
Bowing to congressional pressure, the U.S. Navy said it will buy a third DDG-1000 destroyer in fiscal year 2009, as initially planned, instead of canceling the $29 billion program after just two ships. Read more »
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