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Sep 3

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Stocks rally in full swing, Dow up over 200 Points

Stocks rallied Wednesday, after surprisingly strong data on U.S. and Chinese manufacturing activity overshadowed a weaker-than-expected employment report. {loadposition in-article} The Dow Jones industrial average (INDU) surged 241 points, or 2.4%, about 1-1/2 hours into the session. The S&P...

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Hurricane Earl to sideswipe U.S. eastern seaboard

Visitors and some residents evacuated from low-lying vacation islands off the North Carolina coast on Wednesday as Hurricane Earl bore down on the U.S. eastern seaboard, churning up dangerous swells. {loadposition in-article} Earl, still a major Category 3 hurricane, weakened slightly overnight...

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Automakers say US sales turn frail in August

Auto sales, once a bright spot in the economic recovery, stalled last month as the nation's largest car companies reported falling sales. {loadposition in-article} General Motors Co.'s August sales fell 7 from July, and an even sharper 25 percent from August of 2009, when sales were boosted by ...

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U.S. judge approves BofA settlement fund

A federal judge approved the creation of a $150 million fund for Bank of America Corp (NYSE:BAC - News) shareholders as part of a settlement with the Securities and Exchange Commission over the bank's 2009 acquisition of Merrill Lynch. {loadposition in-article} The SEC alleged in a lawsuit file...

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