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Wall St. climbs to record after data; Jackson Hole ahead

U.S. stocks inched higher on Thursday and the S&P reached a record high, lifted by data pointing to steady improvement in the economy, as investors awaited the start of a meeting of top central bankers and economists in Jackson Hole, Wyoming.

Aug 21, 2014 2:33 PM EDT


U.S. housing, jobs data bolster economic outlook

U.S. home resales rose to a 10-month high in July and the number of Americans filing new claims for unemployment benefits fell last week, signaling strength in the economy early in the third quarter.

Aug 21, 2014 2:31 PM EDT


Dutch spend 461,000 euros to fence off king's Greek holiday home

The Dutch government paid 461,000 euros ($615,000) to erect a fence around King Willem-Alexander's seaside villa in southern Greece, RTL News reported on Wednesday, drawing media criticism and demands for an explanation.

Aug 21, 2014 2:30 PM EDT


McIlroy struggles in opening round at The Barclays

Rory McIlroy's bid for a career first FedEx Cup got off to a disappointing start on Thursday as he shot a three-over par 74 in the first round at The Barclays, the opening tournament of the four-event playoffs.

Aug 21, 2014 2:28 PM EDT


Hewlett-Packard posts surprise revenue gain after PC sales jump

Hewlett-Packard Co posted a surprise increase in quarterly revenue after sales from its personal computer division climbed 12 percent, but a flat to declining performance from its other units underscored the company's uphill battle to revive growth.

Aug 21, 2014 2:26 PM EDT


Business growth slows in China and Europe, Russia sanctions still to bite

Business growth in China and across Europe slowed this month, surveys showed on Thursday, providing more evidence that the world economy is stuttering and may need more monetary stimulus to keep it going.

Aug 21, 2014 2:24 PM EDT


Dollar breaks out to 11-month highs, eyes on Fed

The dollar jumped on Wednesday to its highest levels against the euro and a basket of major currencies since last September, returning to gains after a shaky start to August that called into question its broader strength.

Aug 20, 2014 3:36 PM EDT


Wall Street pares gains after Fed minutes

U.S. stocks slightly pared gains on Wednesday after minutes from the Federal Reserve's July meeting showed the central bank remains accommodative but may hike interest rates sooner depending on the economy's rebound.

Aug 20, 2014 3:34 PM EDT


Ex-CEO Ballmer quits Microsoft board to focus on NBA's Clippers

Former Microsoft Corp Chief Executive Steve Ballmer has left the software company's board in order to spend more time on his newly acquired Los Angeles Clippers basketball team, but said he plans to hang on to his 4 percent stake in Microsoft.

Aug 20, 2014 3:31 PM EDT


Is it worth $100 to skip airport security lines?

Benet Wilson is one of the 2.5 million Americans who have paid a yearly fee to skip security lines at airports and thinks it's worth every penny she paid for a five-year membership in the Global Entry program offered by the U.S. Customs and Border Protection department.

Aug 20, 2014 3:28 PM EDT


More American women talk about pay, but do not negotiate

In an era when more women are encouraged to help each other, talking about paychecks is more common. But women are finding out they still earn less than men in the same jobs.

Aug 20, 2014 3:25 PM EDT


Dipping into the noisy U.S. housing market

The U.S. housing market roared in July, but investors may want to tiptoe rather than jump into the sector, analysts and fund managers say.

Aug 20, 2014 3:23 PM EDT


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