United States


  • Oregon releases 2015 health insurance plan rates Friday, 1 Aug 2014 | 4:58 PM ET

    PORTLAND, Ore.— Oregon will see a much tighter range of premium prices in 2015 for individual and small employer health insurance plans, according to new rates announced Friday by state regulators.

  • Rare summer relief for gasoline prices Friday, 1 Aug 2014 | 4:41 PM ET

    Prices may continue to slide in early August and post larger drops after Labor Day— as long as there are no hurricanes that halt production in the Gulf Coast or violence in the Middle East that disrupts crude supplies.

  • NEW YORK, Aug 1- U.S. stocks ended lower for a second day and the S&P 500 posted its biggest weekly decline since 2012 on Friday as concerns over Argentina's default continued to dog sentiment. But concern remained over Argentina's debt problems after the country's default earlier this week.

  • LinkedIn and Tesla are big market movers Friday, 1 Aug 2014 | 4:36 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. Bally Technologies Inc., up $17.53 to $77.70. Procter& Gamble Co., up $2.33 to $79.65.

  • WASHINGTON, Aug 1- A U.S. lawmaker has launched an inquiry into the amount of money the Commodity Futures Trading Commission spends on office leases, expressing concern that the derivatives regulator is wasting taxpayer money on underutilized space.

  • NEW YORK, Aug 1- Global equities markets dropped for a fourth day on Friday, with Wall Street again slumping as investors shrugged off economic data showing solid improvement in U.S. labor markets. U.S. stock trading was dogged by worries about Argentina's debt problems.

  • Govt meets goal for small business contracts Friday, 1 Aug 2014 | 4:30 PM ET

    Small Business Administration head Maria Contreras-Sweet made the announcement Friday. Those five were the Departments of Defense, Energy, Homeland Security and Justice and the National Science Foundation.

  • NEW YORK, July 15- After helping a girlfriend through the messy, tangled finances left in the wake of a parent's death, John Kerecz had a message for his own mom and dad: Get your paperwork in order.

  • US stocks have their worst week in two years Friday, 1 Aug 2014 | 4:21 PM ET

    NEW YORK— The U.S. stock market is closing out its worst week in two years. Traders moved money into investments traditionally seen as having lower risk Friday, such as U.S. government bonds, gold and utility stocks. The Standard& Poor's 500 index fell five points, or 0.3 percent, to 1,925. The S&P 500 lost 2.7 percent this week, the biggest loss since June 2012.

  • NEW YORK, Aug 1- Brent and U.S. crude futures tumbled on Friday to the lowest settlement prices in months, as oversupply in the Atlantic basin and low demand outweighed worries over political tensions in the Middle East, North Africa and Ukraine. "Since June 23, the market's been going down," said Andy Lebow, vice president at Jefferies Bache in New York.

  • NEW YORK, Aug 1- Jeffrey Gundlach's DoubleLine Funds had net inflows of $603 million in July, with its flagship DoubleLine Total Return Bond Fund attracting net inflows of $375 million.

  • NEW YORK/ BUENOS AIRES, Aug 1- Argentina cannot turn its back on negotiations with holdout creditors after defaulting on its sovereign debt, a U.S. judge instructed on Friday, just as the country's failure to service a June interest payment was declared a "credit event."

  • Autos and construction fuel US job growth Friday, 1 Aug 2014 | 3:41 PM ET

    WASHINGTON— Automakers helped drive hiring in July. Sales for Chrysler, Toyota, Ford and Nissan each rose by double-digits in July compared with the same month last year. The Credit Union National Association said that among its members, auto loans for new vehicles have risen 19.4 percent year-over-year from June 2014.

  • NEW YORK, Aug 1- Apple Inc on Friday won preliminary court approval for its $450 million settlement of claims it harmed consumers by conspiring with five publishers to raise e-book prices.

  • Palin urges repeal of Alaska's oil tax structure Friday, 1 Aug 2014 | 3:35 PM ET

    Alaska would revert to that system, known as Alaska's Clear and Equitable Share, if the repeal effort is successful. If the law is repealed, making the switch back to ACES could be a logistical challenge for the Department of Revenue.

  • US job gains are bypassing many 25-to-34 year-olds Friday, 1 Aug 2014 | 3:15 PM ET

    WASHINGTON— U.S. employers have gone on a hiring spree this year, but America's 25- to-34-year-olds are hardly among the biggest beneficiaries. These workers— increasing equipped with college and advance degrees— represent the future of the U.S. economy.

  • Concerts on Yahoo make best of industry struggles Friday, 1 Aug 2014 | 3:08 PM ET

    Live Nation's partnership with Yahoo to stream one live concert every day is a rare win for music fans. The deal opens up a new revenue stream for Live Nation, which reported second quarter earnings Thursday that fell short on profit but beat Wall Street's revenue expectations.

  • Obama: Economy stronger, Congress could do more Friday, 1 Aug 2014 | 3:01 PM ET

    WASHINGTON— President Barack Obama says the economy is getting stronger and, quote, "engines are revving a bit louder." Obama is praising the July hiring and advances by the U.S. economy. But Obama says Congress has blocked steps that would maintain that momentum or even accelerate the recovery.

  • NEW YORK, Aug 1- U.S. stocks edged lower on Friday as jobs data suggesting the Federal Reserve has room to keep interest rates low for a while was offset by lingering concern over Argentina's default. Concern remained over Argentina's debt problems.

  • Alabama Power reducing coal use at 3 plants Friday, 1 Aug 2014 | 2:42 PM ET

    BIRMINGHAM, Ala.— Alabama Power Co. said Friday it will reduce or end coal use at three generating plants because of federal environmental rules as it spends $1 billion to meet new air emission rules. At the Greene County plant west of Tuscaloosa, Alabama Power said it would reduce the workforce by about half as the switch is made from coal to gas.