State & Nation Business
NEW YORK –This summer, high rollers are flying to lavish vacation hot spots for their vacations. The rest of us are headed to places like nearby campgrounds.
WASHINGTON – U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding steady this spring.
NEW YORK – Sears Holdings Corp. reported a steeper-than-expected loss for its first quarter as the beleaguered retailer struggles to turn itself around.
NEW YORK – Stocks are ending the day slightly lower after recouping a big loss early on.
NEW YORK (– After years of struggling, Gap is back in style.
NEW YORK (AP) — McDonald's once again faced criticism that it's a purveyor of junk food that markets to children at its annual shareholder meeting Thursday.
WASHINGTON – Sales of new homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high, further signs that housing is recovering.
WASHINGTON – Average rates on fixed mortgage rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery.
WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell by 23,000 last week, further evidence that the job market is slowly returning to health.
NEW YORK – Stocks are closing lower on news that several Federal Reserve policymakers favored cutting back on stimulus programs as early as June if the economy continues to improve.
DETROIT – The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' growing demand for new cars and trucks.
NEW YORK – Target Corp. reported a 26 percent drop in first-quarter profit as cool temperatures and financial pressures limited customers' appetite for spending.
NEW YORK – Lowe's said Wednesday that its first-quarter net income rose nearly 3 percent, but results fell short of expectations as rainy weather hurt spring gardening sales.
It's going to be another busy Memorial Day weekend on the nation's highways.
CEO pay has been going one direction for the past three years: up.
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