Stocks moved sharply lower over the course of the trading day on Friday, adding to the modest losses posted in the previous session. With the sell-off on the day, the markets partly offset the upward move seen over the past two weeks.
Verizon Communications' FiOS TV service has modified its programming bundles and will now offer new packages so that users can subscribe only for channels they prefer to watch.
U.S. crude oil snapped a six-day gain to end lower on Friday, on concerns over a potential Greek debt repayment default and an equity market regulatory change in China, with global equity markets trending lower.
Nevertheless, crude oil futures gained about 7.9 percent for the week.
Gold futures ended higher on Friday, with investors seeking the safe haven of the precious metal after global equity markets tracked lower over worries of a potential Greek debt repayment default and a regulatory change in China.
Gold futures dropped about a marginal 0.1 percent for the week.
While recent polls have shown Wisconsin Gov. Scott Walker performing well in potential Republican primaries, the results of a new Marquette Law School survey suggest that his presidential ambitions may be weighing on his approval rating in his home state.
Apple Inc. is planning to launch its mobile payments service, Apple Pay, in Canada this fall, the Wall Street Journal reported Friday, citing people familiar with the matter.
The Cupertino, California-based company is in talks with Canada's six biggest banks - Royal Bank of Canada, Toronto-Dominion...
Instagram, the photo sharing app owned by Facebook, has updated its community guidelines to disallow nudity and harassment in uploaded photos and pictures, as well as cyber bullying.
Leaders of the tax-writing committees in both the House and Senate announced an agreement Thursday on legislation that would help clear the way for President Barack Obama to complete an historic multi-national trade agreement.
After moving sharply lower earlier in the session, stocks continue to see substantial weakness in mid-day trading on Friday. With the sell-off on the day, the markets have partly offset the upward move seen over the past two weeks.
After ending the previous session modestly lower, stocks have shown a more substantial move to the downside in early trading on Friday. The major averages have slid firmly into negative territory, pulling back well off Wednesday's closing highs.
The Conference Board released a report Friday morning showing a continued increase by its index of leading U.S. economic indicators in the month of March, although the index rose by less than economists had expected.
Consumer sentiment in the U.S. has improved by more than expected in the month of April, according to a report released by the University of Michigan on Friday. The report showed that the preliminary reading on the consumer sentiment index for April came in at 95.9.
Earlier this week, retail giant Wal-Mart Stores, Inc. temporarily closed five stores and laid off 2,200 workers, citing an unusual reason - "recurring plumbing problems." Wal-Mart said these stores apparently have plumbing issues that require extensive repairs, which will take about six months to complete.
While the Labor Department released a report on Friday showing another modest increase in U.S. consumer prices in the month of March, prices rose by slightly less than economists had anticipated.
Computer storage device maker Seagate Technology plc reported Friday a profit for the third quarter that declined 26 percent from last year, despite improved gross margins, reflecting higher operating expenses and a revenue drop. Adjusted earnings per share topped analysts' expectations, while quarterly revenues missed their estimates.