Latest Financial markets News

Big gains for Facebook, Microsoft keep stocks near records

Apr. 25, 2019 12:00 PM EDT

NEW YORK (AP) — U.S. stock indexes held close to their record highs Thursday as blowout results from Facebook and Microsoft offset a sharp slump for industrial companies following earnings reports that fell short of Wall Street's expectations. Communications and technology sectors helped lead the market...

Markets Right Now: Stocks hold near record highs

Apr. 25, 2019 11:51 AM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 11:45 a.m. Stock indexes held close to their record highs as blowout results from big-name tech companies offset slumps in industrial companies that reported disappointing results. Facebook and Microsoft both reported strong...

Connecticut's first cat cafe has adoption mission, cat yoga

Apr. 25, 2019 11:48 AM EDT

NEW HAVEN, Conn. (AP) — Mew Haven Cat Cafe welcomes students from nearby universities and plenty of other travelers for coffee, a cozy lounge, and some quality time with cats, so long as they're ready to play along if one of the cafe's several foster felines occasionally commandeers their seat or keyboard....

Back in business: General store in Hill reopens

Apr. 25, 2019 8:57 AM EDT

HILL, N.H. (AP) — The Hill Village Store was more than just a store for Russ Rivard. It was a gathering place in the town of about 1,000 where Rivard could socialize with people, buy a coffee and a donut and talk about the news of the day. It was the sole general store and one of the only businesses in...

Disappointing 3M earnings weigh on Wall Street ahead of bell

Apr. 25, 2019 8:45 AM EDT

LONDON (AP) — Disappointing earnings from 3M, the maker of Post-it notes, industrial coatings and ceramics, is weighing on stocks ahead of Wall Street's open Thursday. The failure of two projected mergers in Europe dented market sentiment, too. St. Paul Minnesota-based 3M said it plans to cut 2,000 jobs...

Deadline near for Illinois homeowners to get mortgage help

Apr. 25, 2019 6:29 AM EDT

CHICAGO (AP) — Time is running out for Illinois homeowners facing foreclosure to get help paying their mortgage. The Illinois Housing Development Authority says the state's Hardest Hit program will close on April 30. The program uses federal dollars to help people struggling to pay their mortgage due to...

Royal Bank of Scotland chief executive to step down

Apr. 25, 2019 2:48 AM EDT

LONDON (AP) — Royal Bank of Scotland says chief executive Ross McEwan is stepping down after 5 1/2 years overseeing the restructuring of a bank that was bailed out by the government during the global financial crisis. RBS said Thursday that McEwan will remain CEO while it conducts an internal and external...

Indiana lawmakers approve GOP budget, gambling bill

Apr. 25, 2019 12:05 AM EDT

INDIANAPOLIS (AP) — Indiana lawmakers approved a new state budget and a wide-ranging gambling bill Wednesday as they wrapped up this year's legislative session. The House and Senate party-line votes came as Republicans touted the spending plan as a responsible one that makes strides toward improving the...

Asian shares mixed after US stocks retreat from record high

Apr. 24, 2019 10:14 PM EDT

TOKYO (AP) — Asian shares were mixed Thursday after U.S. stocks closed lower, giving back some of its gains a day after the S&P 500 and Nasdaq hit record highs. Japan's benchmark Nikkei 225 edged up 0.2% in early trading to 22,247.14. South Korea's Kospi fell nearly 0.3% to 2,195.56. Hong Kong's Hang...

NRA beset by infighting over whether it has strayed too far

Apr. 24, 2019 6:17 PM EDT

The National Rifle Association is used to battling forces that criticize its fiery and unbending efforts to protect gun rights. But as the group gathers for its annual convention this week, the NRA may be facing its toughest foe in decades: its own members. NRA insiders and longtime observers describe an...