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  • AP Top Financial News At 5:06 p.m. EDT Friday, 11 Jul 2014 | 5:06 PM ET

    Second federal judge wants info on lost IRS emails US records $71 billion budget surplus in June White House: 2014 deficit to drop $100 B Oil price falls 2 pct, biggest drop since April Amazon asks FAA for permission to fly drones Downside of low US mortgage rates?

  • AP Top Extended Financial Headlines At 5:06 p.m. EDT Friday, 11 Jul 2014 | 5:06 PM ET

    Second federal judge orders IRS to provide information about lost emails in tea party probe US reports $71 billion surplus in June; projected to have smallest annual deficit in 6 years White House projects 2014 deficit dropping to $583 B, almost $100 B less than last year Crude oil falls 2 pct, resuming a 2- week slide, on ample supply, muted demand Amazon petitions Federal Aviation Administration for permission to fly drones for deliveries No sale by owner: Americans with lower mortgage rates hold tightly onto homes Stocks stabilize, but end with biggest weekly loss since April as investors grow cautious Some fund managers are happy to see companies spend money on things other than dividends Cigarette makers Reynolds American, Lorillard discussing merger; would create formidable No. 2 Economists cut US growth forecasts, but remain optimistic economy will recover from grim 1 Q

  • AP Top Financial News At 4:21 p.m. EDT Friday, 11 Jul 2014 | 4:21 PM ET

    Second federal judge wants info on lost IRS emails US records $71 billion budget surplus in June White House: 2014 deficit to drop $100 B Oil price falls 2 pct, biggest drop since April Amazon asks FAA for permission to fly drones Downside of low US mortgage rates?

  • AP Top Extended Financial Headlines At 4:21 p.m. EDT Friday, 11 Jul 2014 | 4:21 PM ET

    Second federal judge orders IRS to provide information about lost emails in tea party probe US reports $71 billion surplus in June; projected to have smallest annual deficit in 6 years White House projects 2014 deficit dropping to $583 B, almost $100 B less than last year Crude oil falls 2 pct, resuming a 2- week slide, on ample supply, muted demand Amazon petitions Federal Aviation Administration for permission to fly drones for deliveries No sale by owner: Americans with lower mortgage rates hold tightly onto homes Stocks little changed, keeping them on track for biggest weekly loss since April Some fund managers are happy to see companies spend money on things other than dividends Cigarette makers Reynolds American, Lorillard discussing merger; would create formidable No. 2 Economists cut US growth forecasts, but remain optimistic economy will recover from grim 1 Q

  • The Week That Was: Good news from Alcoa     Friday, 11 Jul 2014 | 3:56 PM ET

    CNBC's Tyler Mathisen looks back at the week's top business and financial stories.

  • AP Top Financial News At 3:14 p.m. EDT Friday, 11 Jul 2014 | 3:14 PM ET

    US records $71 billion budget surplus in June White House: 2014 deficit to drop to $583 B Oil price falls 2 pct, biggest drop since April Amazon asks FAA for permission to fly drones Downside of low US mortgage rates?

  • AP Top Extended Financial Headlines At 3:14 p.m. EDT Friday, 11 Jul 2014 | 3:14 PM ET

    US reports $71 billion surplus in June; projected to have smallest annual deficit in 6 years White House projects 2014 deficit dropping to $583 B, almost $100 B less than 2013 Crude oil falls 2 pct, resuming a 2- week slide, on ample supply, muted demand Amazon petitions Federal Aviation Administration for permission to fly drones for deliveries No sale by owner: Americans with lower mortgage rates hold tightly onto homes Cigarette makers Reynolds American, Lorillard discussing merger; would create formidable No. 2 Economists cut US growth forecasts, but remain optimistic economy will recover from grim 1 Q Cancer patients, families want FDA to block fibroid removal technique that can spread cancer Stocks little changed, keeping them on track for biggest weekly loss since April Portugal's biggest bank says it can cope with losses, helping to steady financial markets

  • AP Top Financial News At 2:27 p.m. EDT Friday, 11 Jul 2014 | 2:27 PM ET

    US records $71 billion budget surplus in June Amazon asks FAA for permission to fly drones Downside of low US mortgage rates?

  • AP Top Extended Financial Headlines At 2:04 p.m. EDT Friday, 11 Jul 2014 | 2:04 PM ET

    US reports $71 billion surplus in June; projected to have smallest annual deficit in 6 years Amazon petitions Federal Aviation Administration for permission to fly drones for deliveries No sale by owner: Americans with lower mortgage rates hold tightly onto homes Cigarette makers Reynolds American, Lorillard discussing merger; would create formidable No. 2 Economists cut US growth forecasts, but remain optimistic economy will recover from grim 1 Q Cancer patients, families want FDA to block fibroid removal technique that can spread cancer Stocks little changed, keeping them on track for biggest weekly loss since April Portugal's biggest bank says it can cope with losses, helping to steady financial markets House votes to make business tax break permanent; White House says $287 B price tag too costly Chrysler recalls 651,000 SUVs for serviced vanity mirror lights because of fire risk

  • AP Top Financial News At 1:05 p.m. EDT Friday, 11 Jul 2014 | 1:05 PM ET

    Amazon asks FAA for permission to fly drones Downside of low US mortgage rates?

  • AP Top Extended Financial Headlines At 1:05 p.m. EDT Friday, 11 Jul 2014 | 1:05 PM ET

    Amazon petitions Federal Aviation Administration for permission to fly drones for deliveries No sale by owner: Americans with lower mortgage rates hold tightly onto homes Cigarette makers Reynolds American, Lorillard discussing merger; would create formidable No. 2 Economists cut US growth forecasts, but remain optimistic economy will recover from grim 1 Q Stocks edge mostly lower, keeping them on track for biggest weekly loss since April Portugal's biggest bank says it can cope with losses, helping to steady financial markets House votes to make business tax break permanent; White House says $287 B price tag too costly Chrysler recalls 651,000 SUVs for serviced vanity mirror lights because of fire risk Safety regulator investigates 500,000 Ford cars for steering issues Whirlpool to pay more than $1 B for controlling stake in Italian appliance maker Indesit

  • AP Top Financial News At 12:16 p.m. EDT Friday, 11 Jul 2014 | 12:16 PM ET

    Stocks edge lower, on track for weekly loss Economists lower forecasts for US growth Downside of low US mortgage rates?

  • AP Top Extended Financial Headlines At 12:16 p.m. EDT Friday, 11 Jul 2014 | 12:16 PM ET

    Stocks edge mostly lower, keeping them on track for biggest weekly loss since April Economists cut US growth forecasts, but remain optimistic economy will recover from grim 1 Q No sale by owner: Americans with lower mortgage rates hold tightly onto homes Cigarette makers Reynolds American, Lorillard discussing merger; would create formidable No. 2 Whirlpool to pay more than $1 B for controlling stake in Italian appliance maker Indesit Chrysler recalls 651,000 SUVs for serviced vanity mirror lights because of fire risk Safety regulator investigates 500,000 Ford cars for steering issues Portugal's biggest bank says it can cope with losses, helping to steady financial markets US budget likely in surplus in June; deficit expected to be at lowest level since 2008 House votes to make business tax break permanent; White House says $287 B price tag too costly

  • AP Top Financial News At Noon EDT Friday, 11 Jul 2014 | 11:57 AM ET

    Stocks move lower; on track for a weekly loss Economists lower forecasts for US growth Downside of low US mortgage rates?

  • AP Top Extended Financial Headlines At Noon EDT Friday, 11 Jul 2014 | 11:57 AM ET

    US stocks slip in midday trading and are heading for their biggest weekly loss since April Economists cut US growth forecasts, but remain optimistic economy will recover from grim 1 Q No sale by owner: Americans with lower mortgage rates hold tightly onto homes Cigarette makers Reynolds American, Lorillard discussing merger; would create formidable No. 2 Whirlpool to pay more than $1 B for controlling stake in Italian appliance maker Indesit Chrysler recalls 651,000 SUVs for serviced vanity mirror lights because of fire risk Safety regulator investigates 500,000 Ford cars for steering issues US budget likely in surplus in June; deficit expected to be at lowest level since 2008 House votes to make business tax break permanent; White House says $287 B price tag too costly Aereo presses case despite Supreme Court setback, seeks licensing treatment as cable company

  • MEXICO CITY, July 11- Mexico's central bank kept interest rates on hold on Friday, highlighting signs of stronger economic growth while still pointing to slack in the economy that bodes for steady borrowing costs ahead.

  • Syncora, which insures some of the city's bonds and interest-rate swaps, appealed an Aug. 28, 2013 ruling by U.S. Syncora's attorney, James H.M. Sprayregen at law firm Kirkland& Ellis LLP, said an appeal will be filed with the U.S. Sixth Circuit Court of Appeals.

  • AP Top Extended Financial Headlines At 11:06 a.m. EDT Friday, 11 Jul 2014 | 11:06 AM ET

    Stocks edge mostly lower, keeping them on track for biggest weekly loss since April Economists cut US growth forecasts, but remain optimistic economy will recover from grim 1 Q No sale by owner: Americans with lower mortgage rates hold tightly onto homes Cigarette makers Reynolds American, Lorillard discussing merger; would create formidable No. 2 US stocks slip in early trading and are heading for their biggest weekly loss since April Whirlpool to pay more than $1 B for controlling stake in Italian appliance maker Indesit Chrysler recalls 651,000 SUVs for serviced vanity mirror lights because of fire risk Safety regulator investigates 500,000 Ford cars for steering issues US budget likely in surplus in June; deficit expected to be at lowest level since 2008 House votes to make business tax break permanent; White House says $287 B price tag too costly

  • AP Top Financial News At 11 a.m. EDT Friday, 11 Jul 2014 | 11:00 AM ET

    Economists downgrade forecasts for US growth Downside of low US mortgage rates?

  • Stocks may fall 10%, if Fed loses Street cred: Pro Friday, 11 Jul 2014 | 10:51 AM ET
    A trader works on the floor of the New York Stock Exchange during a press conference with Janet Yellen.

    The Fed is risking its credibility among investors by refusing to consider a sooner interest rate hike, hedge fund manager David Gerstenhaber tells CNBC.