Latest Financial markets News

Joe West ejects Yankees' Boone amid clash with rookie ump

Sep. 21, 2019 5:37 PM EDT

NEW YORK (AP) — Yankees manager Aaron Boone clashed Saturday with another rookie umpire, and this time, veteran crew chief Joe West stepped in. Boone was ejected by West, umpiring at third base, for arguing balls and strikes during a 7-2 win over the Toronto Blue Jays. New York slugger Giancarlo Stanton...

Marks & Spencer finance director to step down

Sep. 21, 2019 1:26 PM EDT

LONDON (AP) — Marks & Spencer says its chief financial officer is to step down, just weeks after the retailer learned it would drop out of the FTSE 100 of leading British shares for the first time. In a statement Saturday, M&S said Humphrey Singer would remain in the job to ensure an orderly...

Lawmakers return to governor's fall 'conversation openers'

Sep. 21, 2019 12:25 PM EDT

HARRISBURG, Pa. (AP) — Gov. Tom Wolf busied himself in the quiet Capitol over the summer with plans that didn't involve lawmakers: a way to finance new voting machines, new charter school regulations to write, gun violence prevention programs to create and more. With lawmakers returning to Harrisburg from...

State's smallest daily paper finds success with happy news

Sep. 21, 2019 3:06 AM EDT

TYRONE, Pa. (AP) — On the second floor of City Hall, tall windows capped with green glass panes offer views of the Allegheny Mountains, and when council members rock back and forth in their old, wooden chairs, the quaint creaking makes it tough for reporters to take notes. Just about everything in Tyrone,...

Vampire novelist Anne Rice's doll collection heads to Pa.

Sep. 21, 2019 3:06 AM EDT

WINDBER, Pa. (AP) — The unique doll collection of best-selling author Anne Rice has found a new home in Windber. Until 2004, Rice's collection of one-of-a-kind dolls filled a three-story former orphanage in New Orleans. She had about 1,000 rare and unique dolls, some made of porcelain and some over 5 feet...

Renovations underway at historic one-room schoolhouse

Sep. 21, 2019 3:06 AM EDT

PINE GROVE, Pa. (AP) — "When I was your age, we walked to school uphill, both ways, in the snow!" It's something every child hears from their elders, but when she was a student at Stanhope Schoolhouse in Pine Grove, Patricia Weckle lived it. "You have to remind the kids nowadays what's out here, what it...

Fresh US-China trade worries erase early gains for stocks

Sep. 20, 2019 6:06 PM EDT

Wall Street closed out a volatile week with losses Friday as investors worried that upcoming trade talks aimed at resolving the costly trade war between Washington and Beijing could be in trouble. The selling, which erased modest early gains for the market, snapped a three-week win streak for the S&P 500. The...

How major US stock indexes fared Friday

Sep. 20, 2019 4:54 PM EDT

Stocks finished lower on Wall Street Friday amid new concerns about the progress of trade talks between the U.S. and China. The market turned lower in the afternoon after reports said a Chinese trade delegation had cut short a trip to the U.S. The selling, which erased modest early gains for the market, snapped a...

McDermott and Scholastic rise while Xilinx and KeyCorp fall

Sep. 20, 2019 4:50 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday. McDermott International Inc., up 43 cents to $2.01 The energy industry services company is considering selling all or part of its Lummus Technology unit after receiving unsolicited offers. Xilinx Inc., down $7.07 to $96.55 The...

Fed announces plans to provide more support for repo market

Sep. 20, 2019 4:47 PM EDT

WASHINGTON (AP) — The Federal Reserve will keep pumping cash into a vital but obscure corner of U.S. financial markets in coming weeks. The New York Federal Reserve Bank, which handles the central bank's interactions with financial markets, said Friday that it will offer daily repurchase, or "repo,"...