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KDWN

3 hours ago

US stock indexes drift higher in early trading

U.S. stock indexes drifted between small gains and losses in early trading Thursday as investors weighed the latest batch of company earnings news. The market was coming off a two-day rally as investors' anxiety about Britain's vote last week to leave the European Union eased. Consumer and industrial companies were among the biggest risers….

KDWN

3 hours ago

Average US 30-year mortgage falls to 3.48 percent

WASHINGTON (AP) — Long-term U.S. mortgage rates slid to new lows for the year this week amid market upheaval stoked by Britain's vote to leave the European Union. Rates are at three-year lows at the height of the spring home buying season….

KDWN

3 hours ago

Italian bank UniCredit taps Mustier as CEO to boost profits

ROME (AP) — The board of Italy's largest bank, UniCredit, has named Jean-Pierre Mustier as CEO as it tries to improve its profitability and help the shares recover from a slump this year….

KDWN

3 hours ago

Markets Right Now: Modest gains for US stocks in early trade

NEW YORK (AP) — The latest on developments in global financial markets (all times local):…

KDWN

4 hours ago

Claims for unemployment aid rise but remain at low level

WASHINGTON (AP) — More Americans applied for unemployment benefits last week, but the level of jobless claims remains low enough to suggest that most workers enjoy job security….

KDWN

4 hours ago

More Americans apply for unemployment benefits, but claims remain at low level

WASHINGTON (AP) — More Americans apply for unemployment benefits, but claims remain at low level….

KDWN

4 hours ago

Eurozone inflation back above zero in June, but still low

FRANKFURT, Germany (AP) — The annual rate of inflation in the 19 countries that use the euro rose to 0.1 percent in June from below zero, but is still far short of official targets….

KDWN

6 hours ago

EU opens probe of global beer giant AB InBev

BRUSSELS (AP) — The European Union has opened an investigation into global beer giant AB InBev to determine if it has abused its dominant position in Belgium by hindering cheaper imports of its products from neighboring countries….

KDWN

6 hours ago

German jobless rate edges below 6 percent in June

BERLIN (AP) — Germany's unemployment rate edged below 6 percent in June, reflecting the robust state of Europe's biggest economy….

KDWN

18 hours ago

Exxon Mobil wins a round in climate litigation

DALLAS (AP) — Exxon Mobil Corp. has won an early round in its fight against regulators over whether the oil giant covered up what it knew about climate change….