Cleveland Fed chief said that the Fed should expect wages to rise with prices, rather than lead price gains.» Read More
May 1- Regional banks including US Bancorp and PNC Financial Services Group Inc are making more business loans at rates that are starting to alarm bigger U.S. banks like JPMorgan Chase& Co, executives said.
*Textron and Cardinal Health fall after results. Industrial names were among the weakest, pressured by Textron results, while Cardinal Health hit healthcare names. Cardinal fell 6.2 percent to $65.20 as its revenue missed expectations, while Textron lost 3 percent to $39.67 as earnings fell from the prior year and sales were nearly flat.
NEW YORK, April 24- Corporate America is letting the sun shine in on second-quarter profit outlooks, raising hope that the first quarter's storms are past.
April 24- Cliffs Natural Resources Inc, which is facing off against an activist investor that wants to break up the company, posted a first-quarter loss on Thursday on the back of lower market prices for iron ore and metallurgical coal.
April 24- Cliffs Natural Resources Inc, which is facing off against an activist investor who wants to break up the company, reported a first-quarter loss on Thursday on the back of lower market prices for iron ore and metallurgical coal.
*Q1 hit by weaker Russia, China, currency effects. FRANKFURT, April 22- Philips reported a bigger-than-expected decline in quarterly operating profit and warned of a challenging 2014 amid unfavourable exchange rates and slowing demand for medical equipment in China and Russia.
*Russia says Ukraine on brink of civil war. *Brent oil falls as investors weigh Libya, Ukraine.
*Coca-Cola and Johnson& Johnson rally after results. *Tesla and Netflix slide, but Twitter jumps after deal. NEW YORK, April 15- U.S. stocks ended a volatile session higher on Tuesday, lifted by gains in such blue-chip names as Coca-Cola and Johnson& Johnson, though persistent weakness in momentum names limited the Nasdaq's advance.
LONDON, April 7- Britain's second largest steelmaker SSI UK said it expects to record its first ever profit this year and to add much needed jobs in England's north east, but added market conditions were tough and that its future was not yet secure.
Patton Boggs leaders projected that any deal would take place before the end of April, two of the sources said. Patton Boggs managing partner Edward Newberry did not respond to a request for comment.
*Ukraine conflict continues; Russia seizes marine base. Concerns that the crisis in Ukraine could escalate gave investors a reason to drop some of the market's biggest trading favorites. Netflix Inc tumbled 6.7 percent to close at $378.90, with fellow Internet names Facebook Inc down 4.7 percent at $64.10 and TripAdvisor Inc down 3.9 percent at $97.58.
*Ukraine conflict continues; Russia seizes marine base. Concerns that the crisis in Ukraine could escalate pushed traders to drop some of the market's biggest trading favorites, taking the Nasdaq below its 50- day moving average in a sign of weakening near-term momentum.
*Gold drops on concerns about U.S. rate hike. *Slowing growth in Germany, China weighs on some investors. NEW YORK, March 24- Global equity markets fell on Monday, rattled by the ongoing Ukraine crisis and weak data from China, while gold fell on concerns about higher U.S. interest rates and a stronger dollar.
Another winter storm hits the East, causing more travel headaches.
CNBC's Steve Liesman explains how the weather is impacting the growth in payrolls and the GDP.
CNBC's Steve Liesman reports Lorreta Mester has been named new president of the Cleveland Fed replacing the retiring Sandra Pianalto.
Mirroring Cleveland, not Mountain View, Calif., may be a more realistic way for developing economies to encourage entrepreneurship.
CNBC's Diana Olick reports Malibu is the most expensive housing market while Cleveland is the most affordable.
Detroit said it would stop making some debt payments and asked creditors to accept pennies on the dollar to help it avoid the largest municipal bankruptcy filing in US history.
CNBC's Jane Wells explains how Charles Ramsey came to the rescue at McDonald's.