Arkansas Treasurer Martha Shoffner has been arrested for extortion by the Federal Bureau of Investigation and is being held in Pulaski County Jail, the Associated Press reported Saturday.
Turkish bonds surged and the lira touched an 11-month low after a bigger-than-forecast cut to interest rates preceded a decision by Moody's Investors Service to raise the nation's credit rating to investment grade.
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When it comes to dividend-paying stocks, bigger isn't always better. Oftentimes, dividend investors excitedly uncover a company that pays a huge dividend, only to find it soon slashed.
"Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years," Warren Buffett has famously said.
Sure, there are plenty of forces pushing stocks higher - record corporate earnings, small investors finally buying again, signs the U.S. economy may be strengthening, central banks flooding the financial system with money.
The price of oil rose to near $96 a barrel on Friday ahead of the release of Conference Board's index of leading indicators for the U.S. economy.
The continued optimism of American consumers helped give U.S. stocks a boost early Friday, putting the market on track for a fourth week of gains.
A gauge of future economic activity rose more than analysts had expected, as did a measure of consumer confidence, adding to evidence that the economy is maintaining a steady recovery.
A measure of the U.S. economy's future health rose solidly in April, buoyed by a sharp rise in applications to build homes and a better job market.
A rule intended to loosen the largest U.S. banks' control over the trading of complex investments and help safeguard the financial system was weakened Thursday by regulators.
Asian stock markets were mixed Thursday following dour European economic data that dampened hopes of a recovery there anytime soon.
Investors snapped up the stocks of companies that make computer networking gear Thursday after industry leader Cisco Systems Inc.'s latest quarterly earnings raised hope that business is picking up after a long stretch of lackluster demand.
Cisco Systems led the Dow Jones industrial average slightly higher Thursday after the technology company reported higher sales.
It's getting tough to push this market higher, and a series of mixed economic reports Thursday didn't do the trick.
Shares of Google Inc. jumped Wednesday - passing the $900 mark for the first time - as the company kicked off its developers conference known as Google I/O. shares closed up 3.3% at $915.89 as the company delivered its opening keynote, which has so far included announcements of new developer tools and Google Play Music: All Access - a new ... (more)