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Stocks Turn Mixed After Early Selloff

Yahoo! Finance - 2 hours 46 min ago
Investors recovered their poise by midday Thursday after an early sell-off sent stocks sharply lower.
Categories: Financial

The Housing Market Gets Bubbly Again

Yahoo! Finance - 2 hours 46 min ago
Real-estate experts are starting to wonder about housing, as prices rise by double-digits in some markets. “I’m definitely concerned about the potential for an emerging housing bubble,” says Stan Humphries with Zillow.
Categories: Financial

Can Glenn Hubbard Put the Thrifty Back into the Economy?

Yahoo! Finance - 2 hours 46 min ago
America has a long tradition of embracing thrift. It’s been drilled into generation after generation as a sign of high moral standing. But could excessive and ongoing government-backed thriftiness be pushing the economy into a sinkhole?
Categories: Financial

Gold Skeptics Have Peaked -- but Have Gold Prices?

Yahoo! Finance - 2 hours 46 min ago
Jitters in Japan and fear over the Fed have stoked a reversal in gold that follows a seven month, 25% slump.
Categories: Financial

U.S. Prosecutors Sought Testimony From Top SAC Executives: WSJ

Yahoo! Finance - 2 hours 46 min ago
U.S. prosecutors are seeking testimony from three senior executives of the $15 billion hedge fund SAC Capital Advisors.
Categories: Financial

87-Year-Old Woman Loses to Trump in Civil Case

Yahoo! Finance - 2 hours 46 min ago
An 87-year-old grandmother took on billionaire Donald Trump. And on Thursday — she lost. Jurors sided with the real estate mogul-turned-TV showman in a weeklong civil trial focused on Jacqueline Goldberg's ...
Categories: Financial

Icahn Seeks Up to $7 Billion for Dell Bid

Yahoo! Finance - 2 hours 47 min ago
Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up commitments for as much as $7 billion in bridge loans to back their leveraged ...
Categories: Financial

Tim Cook Reignites Case to Buy Apple: Schoenberger

Yahoo! Finance - 2 hours 47 min ago
Did Tim Cook's testimony reignite the bullish case to buy Apple? This is the topic of a key debate.
Categories: Financial

U.S. New Home Sales Up 2.3 Percent in April

Yahoo! Finance - 2 hours 47 min ago
Sales of new homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high.
Categories: Financial

U.S. Manufacturing Growth Slips to 7-Month Low

Yahoo! Finance - 2 hours 47 min ago
51.2 expected after 52.1 last month.
Categories: Financial

Despite heckler, Obama defends counterterrorism measures

Yahoo! News: Personal Finance - 2 hours 51 min ago

The president says the policies on drones have changed; renewed desire to close Gitmo.


Categories: Financial

Obama heckled by a familiar voice

Yahoo! News: Personal Finance - 3 hours 16 min ago

Activist Medea Benjamin has mastered the art of interruption.


Categories: Financial

George Zimmerman defense releases photos, texts of Trayvon Martin

Yahoo! News: Personal Finance - 3 hours 34 min ago
ORLANDO, Fla. (AP) — George Zimmerman's defense attorneys on Thursday released information from 17-year-old Trayvon Martin's cellphone that include the teen texting with a friend about smoking marijuana and photos that show him blowing smoke and extending his middle finger to the camera.
Categories: Financial

HP supports Dow, limits S&P's loss in choppy trade

Yahoo! News: Stock Markets - 3 hours 39 min ago

By Angela Moon NEW YORK (Reuters) - Stocks edged down on Thursday but rebounded sharply from their session lows as a rally in Hewlett-Packard's shares offset worries about weak Chinese manufacturing data and the prospects of the Federal Reserve reducing its monetary stimulus. Trading was choppy as many traders were adjusting their positions ahead of the long holiday weekend. Markets will be closed on Monday for Memorial Day. Hewlett-Packard shares jumped more than 16 percent to a fresh 52-week high a day after the world's largest PC maker raised its outlook. ...


Categories: Financial

Cleveland hero gets hamburgers for life reward

Yahoo! News: Personal Finance - 4 hours 28 min ago

The man became famous for putting down his Big Mac to help free three women.


Categories: Financial

New York man, held captive for a month in warehouse, rescued by police

Yahoo! News: Personal Finance - 4 hours 37 min ago
Kidnappers had demanded a $3 million ransom from his family in Ecuador, police say.
Categories: Financial

More arrests after grisly U.K. terror attack

Yahoo! News: Personal Finance - 4 hours 43 min ago

Counterterrorism officials detain two on suspicion of conspiracy to murder.


Categories: Financial

Body of child found after deadly Minnesota landslide

Yahoo! News: Personal Finance - 4 hours 43 min ago

ST. PAUL, Minn. (AP) — Authorities on Thursday recovered the body of a boy missing since a rockslide killed a classmate and left two others injured a day earlier at a St. Paul park.


Categories: Financial

U.S. prosecutors sought testimony from top SAC executives: WSJ

Yahoo! News: Stock Markets - 5 hours 14 min ago

NEW YORK (Reuters) - U.S. prosecutors are seeking testimony from three senior executives of the $15 billion hedge fund SAC Capital Advisors, the Wall Street Journal reported on Thursday. The U.S. Attorney's office for the Southern District of New York issued subpoenas to SAC's president, chief compliance officer and head of trading, according to the Journal's report. Others at SAC, including the firm's founder Steven A. Cohen, were asked last week to testify before a grand as part of the U.S. government's insider trading probe of the hedge fund, Reuters has previously reported. ...


Categories: Financial

Get ready for an ‘extremely active’ hurricane season

Yahoo! News: Personal Finance - 5 hours 15 min ago

People should prepare now for a doozy of a year, forecasters say.


Categories: Financial

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