Following the volatility seen over the past several sessions, stocks turned in a lackluster performance during trading on Friday. The major averages spent much of the day bouncing back and forth across the unchanged line before closing roughly flat.
On the tenth anniversary of Hurricane Katrina's devastating impact on the Gulf Coast, the results of a new CNN/ORC International poll found that Americans are divided on whether the country is better prepared for natural disasters.
Jeb Bush received a high-profile endorsement in his race for the Republican presidential nomination on Thursday, as former House Majority Leader Eric Cantor, R-Virg., announced his support for the former Florida Governor.
Facing some criticism for his lack of foreign policy credentials, Wisconsin Gov. Scott Walker delivered an aggressive speech as part of his campaign for the Republican presidential nomination on Friday.
After initially showing a lack of direction, stocks have continued to experience choppy trading over the course of the session on Friday. The lackluster performance comes on the heels of the substantial volatility seen in recent sessions.
As tropical storm Erika approaches, Florida declared a state of emergency. The storm is expected to hit on late Sunday or early Monday, probably at the southern part of the State.
The state Governor Rick Scott attended a briefing at the State Emergency Operations Center in Tallahassee, before issuing...
Former Republican vice presidential nominee Sarah Palin has blasted ESPN for suspending baseball analyst Curt Schilling, accusing the sports network of buying into the propaganda of terrorist groups like ISIS.
After seeing substantial volatility over the past several days, stocks are turning in a lackluster performance in early trading on Friday. The major averages have been bouncing back and forth across the unchanged line.
Potentially reflecting the recent sell-off on Wall Street, the University of Michigan released a report on Friday showing a bigger than previously estimated drop in U.S. consumer sentiment in the month of August.
Non-traditional discount and variety stores operator Big Lots Inc. (BIG) Friday reported a decline in net profit for the second quarter, while net sales grew 1.2 percent from the prior year. Comparable sales for the quarter increased 2.8 percent.
While the Commerce Department released a report on Friday showing that U.S. personal income increased in line with economist estimates in the month of July, the report also showed that personal spending rose by slightly less than expected.
Eurozone economic sentiment improved for a second straight month to set a fresh four-year high in August, led by domestic demand even as morale weakened in the industrial sector due to concerns over a stronger euro and a possible sharp slowdown in China. The economic sentiment index rose to 104.2 from 104 in July.
Following the substantial rebound seen over the course of the two previous sessions, stocks are likely to move back to the downside in early trading on Friday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 100 points.
After a strong recovery in the previous two sessions, Wall Street remains on course for some profit taking. The major U.S. index futures point to a notably lower opening on Friday. Although Asian stocks closed mostly higher earlier in the day, the European markets are currently weaker. The commodity...
Switzerland's economy avoided recession in the second quarter on the back of rising spending and investment, data published by the State Secretariat for Economic Affairs showed Friday. Gross domestic product grew unexpectedly by 0.2 percent sequentially in the second quarter, offsetting a 0.2 percent fall in the prior quarter. Economists had forecast a 0.1 percent fall.