Latest News Wires

All Latest News Wires

Mortgage rates fall to new records

Mortgage rates for 30-year loan now stand at 3.78 percent. Fixed mortgage rates for 15-year loans are unchanged at 3.04 percent, a record low.
Gas prices lower on Memorial Day: How much will you save?

Gas prices have fallen an average 27 cents a gallon since April and are 12 cents lower than last Memorial Day. With gas prices down, experts predict more Memorial Day travel, dining, and shopping.
Vacation deal for your dog? Website offers pet hosts.

Vacation deal: Website offers screened individuals who will care for your dog in their own home. Average cost of vacation deal: $25 to $30 a day.
Curt Schilling fires staff at video-game firm

Curt Schilling fires staff of 300 in Rhode Island, which had given a $75 million loan guarantee to the video-game company. Curt Schilling fired staff with an e-mail that thanked them for dedication but claimed an 'economic downturn' had hit the company
HP jump boosts Dow; stocks mixed

Hewlett-Packard helped pull the Dow Jones industrial average to a slight gain Thursday, giving the index only its fourth gain this month. The Dow closed up 33 points at 12529.
Facebook lawsuits: Did all shareholders get same data in IPO?

Facebook lawsuits charge that banks in charge of IPO didn't share company information with all shareholders. In addition to Facebook lawsuits, two congressional committees are also investigating the IPO.
Stocks rally to erase steep losses

Stocks closed mixed Wednesday after a late rally erased steep losses. The Dow lost seven points to close at 12496
Financial aid. Harvard MBA. Big pay. But student debt still burdens.

Financial aid totaled $54,000, but Joe Mihalic slashed costs to pay off his $101,000 in student loans. Despite top MBA programs' financial aid, students can still graduate with six-figure debt.
Oil prices fall to seven-month low

Oil prices edge down below $91 a barrel as tensions ease over Iran nuclear program. London's Brent crude oil prices fall to $107.
Stocks mixed after Greek worries resurface

After gaining for most of the day, the Dow only finished up 2 points at 12503 Tuesday, as news out of Greece yanked indexes lower shortly before the closing bell.
Health-care mandate: Catholic leaders sue over birth control

Health-care plan provision for employer-paid birth control riles Catholic schools, dioceses, and health-care providers. Negotiations with White House 'not encouraging.'
Facebook stock falling again. What went wrong?

Facebook stock fell 7 percent in early trading Tuesday, after an 11 percent fall Monday. In challenging market environment, selling IPO of Facebook stock is like 'trying to get a jumbo jet to take off in turbulent weather.'
OECD concerned that eurozone crisis could threaten world recovery (+video)

The Organization of Economic Cooperation and Development said Tuesday the eurozone must get member nations with debt problems under control, so as to not pose problems for a less than robust world economic recovery.
Jeep Wrangler recall: Are you eligible?

Jeep Wrangler recall hit nearly 87,000 SUVs. Chrysler says a fire risk in the 2010 model brought on this Jeep Wrangler recall.
Stocks climb, breaking losing streak

Apple stock soared, helping propel major US stock indexes to gains after a solid week of losses. The Dow Jones rose 135 points to close at 12504.
Facebook stock falls 11 percent in second trading day

Facebook shares close down $4.20 in Monday trading. Facebook stock dropped so much Monday morning that 'circuit breakers' kicked in to restrict sell orders.
Houghton Mifflin Harcourt files for bankruptcy

Houghton Mifflin Harcourt, the book publishing giant, has filed for bankruptcy protection to eliminate $3.1 billion in debt. Houghton Mifflin Harcourt had been struggling with heavy debt for years.
France says 'oui' to euro bonds, but Germany says 'nein'

German finance official says Berlin continues to oppose euro bonds, which would create debt backed jointly by European Union nations. EU members meet Wednesday in Brussels to discuss euro bonds and other growth-enhancing policies.
Tech stocks exchange to change IPO auctions after Facebook glitches

Tech stocks IPO auctions will be revamped, Nasdaq CEO says, after delays plagued Facebook's first day of trading. SEC investigating to see if delays hurt trading in the tech stock's underwhelming IPO.
Gold prices to climb if Greece gets fixed

Gold prices fall when dollar strengthens, as it has during latest Greek crisis. Gold prices will recover when Greece's path is clear, says a gold expert.