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U.S. stocks fell, after the biggest drop for the Nasdaq 100 Index in two years, as technology and consumer companies extended last week’s slide before the start of corporate earnings season. more
U.S. House Republicans are showing no sign that they’ll move forward legislation the Senate passed restoring benefits for the long-term unemployed. more
Prices paid to American factories and service producers rose in April by the most in more than a year, indicating a diminishing risk of deflation as demand improves. more
Royal Bank of Scotland Group PLC, Britain’s largest taxpayer owned bank, has given “unacceptable” returns to shareholders, CEO Ross McEwan said. more
Banks stand to lose as much as $4.5 billion in annual revenue as regulations aimed at improving financial stability alter how interest-rate swaps are bought and sold, according to a report from McKinsey & Co. more
U.S. stocks fluctuated, with the Standard & Poor’s 500 Index poised for a weekly drop, as DuPont Co. slid after cutting its earnings forecast while utilities and consumer shares led gains. more
The U.S. jobless rate declined to a six-year low of 5.9 percent in September and employers in the U.S. added more workers than projected, signs of more vigor in the labor market that will help sustain faster economic growth. more
Amgen Inc., the world’s largest biotechnology company by revenue, disappointed analysts with lower-than-expected sales of its top drug as executives assured investors the drop was seasonal and they were on target to meet their 2014 projections. more
The homeownership rate in the U.S. declined to the lowest in almost 19 years as rising property prices and mortgage rates held back demand. more
Job openings in the U.S. rose more than forecast in February to a six-year high as employers moved to boost hiring in response to rising consumer demand. more
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