market news

The New York Times has found some unemployed people to argue against an extension of jobless benefits: "In a recent survey of the unemployed by Rutgers University, more than one in four respondents was opposed to renewing the current extended unemployment benefits.

Google has been dead money for the last year -- up just 3% vs. 12.6% for the S&P 500. The Internet giant's biggest problem is its inability to diversify its revenue sources. Author Peter Cohan pulls out his Innovation Quotient to suggest how new CEO Larry Page might correct that.

In early trading, the Dow retreated almost 300 points, before recovering some ground, as worries mount over the ripple effects from Japan's quake and tsunami. The Nasdaq and S&P also fell sharply.

Shares in Asia slid lower Friday as investors reacted to Chinese government moves to tighten credit and clamp down on inflation. In Hong Kong, the Hang Seng Index fell 0.8% to 22,877, and in China, the Shanghai Composite sank 0.9% to 2,872. Japan's Nikkei 225 Index edged down 0.4% to 10,040.

Authorities spotted what appears to be a $7.9 billion computer glitch at NYSE Euronext's Arca stock market. A system upgrade at Arca triggered an apparent 9.6% drop in an exchange-traded fund Monday, Bloomberg News said. That plunge would have knocked $7.9 billion off one of the country's most...

Officially underway since June 2009, the recovery has been tepid at best. The balance sheet of the average household is still straining under considerable debt, while incomes have barely risen, suggesting that the recovery has a shaky foundation.

China's local governments are dependent on fees and taxes from developers. Builders gorge on no-cost credit from state-controlled banks to churn out high-end homes most Chinese can't afford. Sounds like a familiar recipe for disaster.

The U.S. labor market lost 652,000 workers in June, a defection so large that it caused the nation's unemployment rate to drop from 9.7% to 9.5%. Is this the start of a trend that could further damage the economy?

Markets go up, markets go down, and every day, the media tells you why. The problem is, what business journalists report doesn't actually explain why stocks really rose or fell. Here are the three key reasons why financial journalists keep missing the real answers.

Stocks gained ground Monday as investors shrugged off concerns about a Fed meeting on interest rates and declining oil prices.