Latest Financial markets News

Helping Pocono homeless and needy, one meal at a time

Dec. 7, 2019 3:06 AM EST

STROUDSBURG, Pa. (AP) — On a recent fall day, a homeless man wandered near Ann Street in Stroudsburg. He stopped briefly to dig through a green Dumpster. “We see him every week; he’s one of our customers,” Jeffrey Weber said. By customers, Weber means patrons of the soup kitchen at...

Real-life Golden Girls? Co-living aims to ease aging crisis

Dec. 7, 2019 3:06 AM EST

NEW HOLLAND, Pa. (AP) — This is the true story of three strangers who chose to live in a house together and have their lives studied. Find out what happens when retired people stop living alone, and start saving money. ___ On a chilly fall morning, Esther Courtney sat at her kitchen table, fiddling with...

US firms keep hiring, easing worries of weakening economy

Dec. 6, 2019 5:45 PM EST

WASHINGTON (AP) — American businesses have complained for years that they can’t find the workers they need to fill available jobs. November’s robust hiring gain suggests that at least some have found a way to do so. With the unemployment rate now at a half-century low of 3.5%, many economists...

S&P notches weekly gain as jobs growth blows past forecasts

Dec. 6, 2019 5:38 PM EST

A surprisingly strong U.S. jobs report put investors in a buying mood Friday, driving stocks on Wall Street broadly higher and extending the market’s winning streak to a third day. The rally pushed the Dow Jones Industrial Average up by more than 300 points and erased the S&P 500's losses from earlier...

How major US stock indexes fared Friday

Dec. 6, 2019 5:13 PM EST

Major stock indexes ended a choppy week with solid gains after the government reported that hiring in the U.S. jumped last month to the highest level since January. Companies that stand to benefit the most from a growing economy rose the most Friday. Technology and industrial companies climbed, as did banks. Bond...

Cannabis stocks' 2019 skid showing few signs of easing

Dec. 6, 2019 4:51 PM EST

LOS ANGELES (AP) — When it comes to investing in cannabis stocks, the marijuana bud's faded bloom has shown few signs of returning this year. Cannabis stocks have had a harsh comedown as investors' enthusiasm about the prospects for strong growth and blockbuster company mergers has dimmed. The ETFMG...

Ulta, ConocoPhillips post gains while Yext, PagerDuty slip

Dec. 6, 2019 4:24 PM EST

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday: DocuSign Inc., up $6.07 to $75.57 The provider of electronic signature technology handily beat Wall Street's third-quarter profit forecast. Cloudera Inc., up 87 cents to $10.88 The cloud-computing company's third-quarter earnings...

Markets Right Now: Hiring gains send stock indexes higher

Dec. 6, 2019 4:12 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Major stock indexes are ending a choppy week with solid gains after the government reported that hiring in the U.S. jumped last month to the highest level since January. Companies that stand to benefit the most from a...

Lebanese PM asks friendly nations for credit amid crisis

Dec. 6, 2019 8:57 AM EST

BEIRUT (AP) — Lebanon's outgoing prime minister called on several Arab and world leaders Friday to help his country secure credit lines for imports from friendly nations as the tiny Mediterranean country passes through its worst economic and financial crisis in decades. According to a statement released by...

Stocks advance as investors eyes jobs report, trade talks

Dec. 6, 2019 8:05 AM EST

BANGKOK (AP) — Global shares rose Friday as investors awaited what's expected to be a healthy U.S. jobs report, while monitoring the China-U.S. trade talks as more tariffs are due to go into effect this month. One sign that talks between the world's two biggest economies could be thawing came Friday when...