BREAKING NEWS

AM BUSINESS BRIEF 5-21-13

AM BUSINESS BRIEF 5-20-13

The Conference Board says its index of leading indicators increased 0.6 percent last month to a reading of 95. That followed a 0.2 percent decline in March. The index is intended to signal economic conditions three to six months out. Economist Kenneth Goldsteen says wage increases would give consumer spending a boost, which could, in turn, ignite economic growth:

AM BUSINESS BRIEF 5-16-13

A bipartisan group of western lawmakers are pushing legislation in Washington to restore cuts of $110 million in federal mineral royalty payments to 35 states.

American manufacturing faded last month. U.S. factories cut back sharply on production, as automakers turned out fewer cars and most other industries scaled back:

AM BUSINESS BRIEF 5-14-13

Wall Street stocks rallied today, with the Dow closing higher for the 18th Tuesday in a row. The bleu-chip index is up 15-and-a-half percent this year.

AM BUSINESS BRIEF 5-13-13

A down day for the Dow, while the S&P remains at a record high.

AM BUSINESS BRIEF 5-10-13

Another winning day in what has been a winning WEEK for Wall Street. The Dow and the S&P closed at fresh record highs. The price of commodities including crude oil and gold fell as the dollar continued to strengthen against other currencies, especially the Japanese yen.

AM BUSINESS BRIEF 5-09-13

A slight increase in business gave Shopping Center merchants something to smile about last month:

Wall Street remains on the high road, with the Dow and the S&P ended the day in record territory.

AM BUSINESS BRIEF 5-08-13

Wall Street continues its record-setting ways, with the Dow closing above 15-thousand for the first time ever. The S&P also closed at a record high. Overseas markets have been up as well, on encouraging news about central bank stimulus and the German economy.

New York's attorney general says Wells Fargo and Bank of American have violated the terms of last year's national mortgage settlement by failing hundreds of times to process refinancing requests promptly.

AM BUSINESS BRIEF 5-07-13

AM BUSINESS BRIEF 5-06-13

Another winning day for the S&P; it closed at a record high again today! Billionaire investor Warren Buffett says at least some of the credit belongs to Fed Chairman Ben Bernanke and his low-interest rate policy:

AM BUSINESS BRIEF 5-03-13

President Obama is voicing his support for the FDA's decision to sell the so-called morning-after pill as an over-the-counter drug to women ages 15 and up. SRN's Greg Clugston reports.

AM BUSINESS BRIEF 5-02-13

President Obama says he isn't giving up on gun control legislation. SRN's Greg Clugston reports.