Content Tagged 'Money'

SEC requires companies to reveal CEO-vs-worker pay gap
Federal regulators are requiring companies to reveal the pay gap between CEOs and their employees.
US stocks rise following solid earnings news
U.S. stocks are rising in early trading, shaking off a three-day slump, as the latest round of company earnings news brought several positive surprises. Strong results from First Solar and Priceline sent their shares higher.
Survey: US businesses add 185,000 workers in July
The rate of hiring by U.S. businesses slowed in July but remained at a solid levels, which should help boost overall economic growth.
US stocks edge higher; Allstate slumps on weak earnings
U.S. stocks edged higher in early trading Tuesday as energy stocks rebounded from a big sell-off. Those gains were offset by some disappointing earnings reports. Allstate fell sharply after the insurance company reported earnings that missed analysts' expectations.
US factory orders advance 1.8 percent in June
Orders to U.S. factories increased in June, driven by a big gain in commercial airplanes. A key category that reflects business investment plans posted a modest rise.
Oil prices down amid rising rig count, soft US economic data
The price of oil is sliding as traders brace for softer demand amid an increase in the number of active rigs and weak U.S. economic reports on construction spending and manufacturing activity.
US construction spending up just 0.1 percent in June
U.S. construction spending increased in June by the smallest amount in five months as a big drop in nonresidential building activity offset a third straight increase in home building.
Energy stocks lead a modest decline in early trading
U.S. stocks opened lower as energy stocks dropped following another decline in the price of crude. Investors were also watching the latest earnings releases. Tyson Foods slumped after cutting its earnings outlook for the year.
Average US rate on 30-year mortgage falls to 3.98 percent
Average long-term U.S. mortgage rates fell for a second straight week, with the key 30-year rate slipping below 4 percent.
Stocks open lower in US after some weaker company results
Stocks declined in early trading Thursday, following disappointing results from several big companies including Procter & Gamble and Facebook. A positive report on U.S. economic growth did little to help the market.
Applications for US jobless aid rise to still-low 267,000
More people sought U.S. unemployment benefits last week, though the increase was from a very low level and the figures still point to a healthy job market.
US wage growth falls to record-slow pace in 2nd quarter
U.S. wages and benefits grew in the spring at the slowest pace in 33 years, stark evidence that stronger hiring hasn't boosted pay. The slowdown also reflects a sharp drop-off in bonus and incentive pay.
US stocks little changed as investors react to earnings
U.S. stocks were mixed in early trading Friday, as investors reacted to some disappointing quarterly earnings. Declines were led by energy companies after two big oil companies reported a slump in earnings.
US consumer spending edges up in June
Consumer spending in June rose by the smallest amount in four months as shoppers cut back on purchases of cars and other big-ticket items.
US economy posts solid 2.3 percent growth rate in Q2
After a harsh winter, the U.S. economy posted a solid rebound in the April-June quarter, led by a surge in consumer spending and a recovery in foreign trade.
How to avoid a Ponzi scheme
CNNMoney's Zain Asher explains how a Ponzi scheme works and how to avoid falling for one.
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