Stocks fell sharply Thursday as a jobless-claims report did little to assuage economic worries and investors pushed the dollar higher.
The Dow dropped over 100 points Thursday, led by Intel, after an analyst downgrade on the chip sector. A stronger dollar also weighed on the market.
Stocks were set to extend the previous session's losses at the opening bell Thursday, with European stocks dragging on sentiment as miners and food producers struggled.
So much news coverage these days is possible because of citizen journalism — from the cell phone photos taken of the plane landing on the Hudson river, to eyewitness reports of Iranian protests submitted to CNN.
It's official, the gold rush is on: the Republic of Mauritius has purchased 2 metric tons of gold from the IMF. That is one-hundredth the amount of gold that India just bought, but then again with 1.3 million people Mauritius has one-thousandth the population of India.
Time Warner says it will spin off its Internet business, AOL, as a separate company on December 9th. Time Warner Inc. said Thursday it has declared a dividend on the AOL shares it owns that will result in a complete separation of the two companies.
Metro-Goldwyn-Mayer said it's considering a sale or a merger as it evaluates "strategic options," raising the question: what does this mean for the future of the industry?
News Web sites are starting to look a lot less like newspapers and a lot more like television, says the New York Times.
It's been awhile since holiday shopping has been such a wild card for the economy. Wednesday kicks off the batch of major retail earnings, when Macy's reports ahead of the opening bell.
It's "risk on" in global markets, a trend traders say could help keep stocks heading higher for now.
As the Senate Environment and Public Works Committee began hearings on carbon regulation, debate ran along traditional battle lines, but with a new script.
Today Disney is bringing an old story into a new high-tech dimension: "Disney's A Christmas Carol" is the widest digital 3-D release ever. Of the movie's 3,683 theaters in the US, 2,035 are 3-D, including 181 Imax screens. The movie is also opening this weekend in 18 countries around the world, with many of those screens in 3-D.
CEO Les Moonves boasted on CBS' earnings call that each consecutive quarter this year the company's results have improved and that the operating environment for the business continues to improve.
Markets have been hanging on the October employment report, expected to show a drop of 175,000 nonfarm payrolls when it is released on Friday.
The cable industry is still growing - but growth is slowing. Time Warner Cable, like rival Comcast, continues to lose basic video subscribers to rivals like the telecom and satellite TV companies
Cisco could put a glow into tech stocks Thursday, but traders say the stock market could again be choppy.
Stocks ended mixed Wednesday as a post-Fed rally fizzled. Stocks had opened higher as investors cheered some encouraging readings on the economy, then swung in about a 50 point range after the Fed's statement, before finishing narrowly mixed.
Time Warner profit is down from last year, but results beat forecasts by a significant margin, sending shares higher in Wednesday's trading.
Stocks rallied Wednesday after the Fed's statement. The market had been higher before the statement as investors cheered some encouraging readings on the economy, then swung a little right after the statement before barreling higher.
Stocks jumped Wednesday as investors shrugged off a weaker-than-expected reading on the services sector and cheered an improvement on the jobs front.