Business

Trader Michael Capolino works on the floor of the New York Stock Exchange near the close of trading, Thursday, Dec. 27, 2018. U.S. stocks staged a furious late-afternoon rally Thursday, closing with gains after erasing a 600-point drop in the Dow Jones Industrial Average. (AP Photo/Richard Drew)
December 27, 2018 - 9:31 pm
BEIJING (AP) — Most Asian stock markets gained while Japan edged down following Wall Street's rally at the end of a turbulent week. KEEPING SCORE: The Shanghai Composite Index rose 0.5 percent to 2,495.16 points while Tokyo's Nikkei 225 lost 0.6 percent to 19,964.54. Hong Kong's Hang Seng advanced...
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December 27, 2018 - 4:43 pm
Prime-time viewership numbers compiled by Nielsen for Dec. 17-23. Listings include the week's ranking and viewership. 1. NFL Sunday Night Football: Kansas City at Seattle, NBC, 19.6 million. 2. NFL Regular Season: New Orleans at Charlotte, ESPN, 13.3 million. 3. "Sunday Night NFL Pre-kick," NBC, 12...
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Robert Charmak, right, talks with fellow trader Steven Kaplan on the floor of the New York Stock Exchange, Thursday, Dec. 27, 2018. Wall Street's wild Christmas week goes on, with the Dow Jones Industrial Average slumping 300 points at the open Thursday, a day after notching its biggest-ever point gain. (AP Photo/Richard Drew)
December 27, 2018 - 3:15 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. U.S. stocks are staging a furious late-afternoon rally Thursday, closing with gains after erasing a 600-point drop in the Dow Jones Industrial Average. The Dow rose 258 points, or 1.1 percent, adding to...
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FILE - In this Sept. 17, 2018, file photo SpaceX founder and chief executive Elon Musk speaks in Hawthorne, Calif. Musk is asking a California judge to throw out a lawsuit filed against him by a British diver who accused the tech entrepreneur of falsely calling him a pedophile. A court filing Wednesday, Dec. 26, 2018, argues that "the public knew from the outset that Musk's insults were not intended to be statements of fact." (AP Photo/Chris Carlson, File)
December 27, 2018 - 3:00 pm
LOS ANGELES (AP) — Elon Musk is asking a California judge to throw out a lawsuit filed against him by a British diver the tech entrepreneur called a pedophile on Twitter, arguing that it was nothing more than a "schoolyard spat on social media" that no reasonable reader took seriously. Musk's...
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FILE - In this Oct. 17, 2018, file photo a depiction of a cannabis bud drops from the ceiling at Leafly's countdown party in Toronto as midnight passes and marks the first day of the legalization of cannabis across Canada. The last year was a 12-month champagne toast for the legal marijuana industry as the global market exploded and cannabis pushed its way further into the financial and cultural mainstream. Canada ushered in broad legalization, U.S. drug regulators approved the first cannabis-based drug and investors pumped in billions of dollars. (Chris Young/The Canadian Press via AP, File)
December 27, 2018 - 2:44 pm
PORTLAND, Ore. (AP) — The last year was a 12-month champagne toast for the legal marijuana industry as the global market exploded and cannabis pushed its way further into the financial and cultural mainstream. Liberal California became the largest legal U.S. marketplace, conservative Utah and...
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FILE - In this Dec. 31, 2015, file photo, people watch the fountains at the Bellagio while wearing paper hats to celebrate New Years Eve in Las Vegas. Las Vegas will usher in 2019 trying to outdo itself with performances by Lady Gaga, Gwen Stefani, Bruno Mars and other superstars at the city's various venues. More than 300,000 people are expected to gather Monday, Dec. 31, 2018, on the world-famous Las Vegas Strip to watch 8 minutes of fireworks. (AP Photo/John Locher, File)
December 27, 2018 - 1:22 pm
LAS VEGAS (AP) — No other city does New Year's Eve like Las Vegas. Lady Gaga, Bruno Mars and Gwen Stefani are among the superstars who will be ushering in the new year with performances at venues on the Las Vegas Strip, while more than 300,000 people are expected to gather on the world-famous...
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Trader Andrew Silverman works on the floor of the New York Stock Exchange, Thursday, Dec. 27, 2018. Wall Street's wild Christmas week goes on, with the Dow Jones Industrial Average slumping 300 points at the open Thursday, a day after notching its biggest-ever point gain. (AP Photo/Richard Drew)
December 27, 2018 - 12:38 pm
2018 was a big year in business news. A trade war heated up between the U.S. and China, Facebook's stock took a face-plant, and two big tech companies reached $1 trillion in value, although that was before this fall's stock market rout. Test your knowledge of this year's notable events in business...
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December 27, 2018 - 10:05 am
GREENBELT, Md. (AP) — They followed a call script for reassuring investors: A broker boasted of winning up to 95 percent of his trades. Sales representatives promised a client she would be a millionaire within a year if she didn't withdraw her five-figure investment. "If you win, I win," the broker...
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FILE - In this Wednesday, Dec. 5, 2018 file photo, people walk past a holiday window at Saks Fifth Avenue, in New York. U.S. consumer confidence tumbled this month as Americans began to worry that economic growth will moderate next year. The Conference Board, a business research group, says its consumer confidence index fell to 128.1 in December, down from 136.4 in November and lowest since July. (AP Photo/Mark Lennihan, File)
December 27, 2018 - 9:41 am
WASHINGTON (AP) — U.S. consumer confidence tumbled this month as Americans began to worry that economic growth will moderate next year. But consumer spirits are still high by historic standards. The Conference Board, a business research group, said Thursday that its consumer confidence index fell...
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FILE - In this Oct 2, 2018, file photo a for sale sign stands outside a home on the market in the north Denver suburb of Thornton, Colo. U.S. long-term mortgage rates fell this week, offering a slight degree of relief to would-be homebuyers after the stock market has tumbled. Mortgage buyer Freddie Mac says Thursday, Dec. 27, the average rate on the benchmark 30-year, fixed-rate mortgage dipped to 4.55 percent from to 4.62 percent last week. (AP Photo/David Zalubowski, File)
December 27, 2018 - 9:31 am
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week, offering a slight degree of relief to would-be homebuyers after the stock market has tumbled. Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year, fixed-rate mortgage dipped to 4.55 percent from to 4...
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