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Finance News

US economy likely shrank in 1st quarter but rebound expected

US economy likely shrank in 1st quarter but rebound expected

4 hours 16 mins ago
WASHINGTON (AP) — A brutal winter, plunging investment by energy companies and a widening trade gap likely combined to shrink the U.S. economy at the start of the year. But the slump is expected to prove short-lived. Full Story
US stocks end modestly lower

US stocks end modestly lower

12 hours 7 mins ago
NEW YORK (AP) — U.S. stocks are ending modestly lower following a sell-off in the Chinese market and concerns about an approaching deadline for Greece to make a debt payment. Full Story
US stocks fall slightly; Greece debt deadline looms

US stocks fall slightly; Greece debt deadline looms

11 hours 34 mins ago
NEW YORK (AP) — U.S. stocks fell slightly Thursday, following a sell-off in the Chinese market and continued worries about the approaching debt payment deadline for cash-starved Greece. Full Story
US stocks fall after drop in China, Greece deadline looms

US stocks fall after drop in China, Greece deadline looms

13 hours 37 mins ago
NEW YORK (AP) — U.S. stocks were modestly lower in afternoon trading Thursday, following a steep sell-off in the Chinese stock market and the approaching deadline for cash-starved Greece to make a debt payment. Full Story
US stocks ease in midday trade, day after Nasdaq record

US stocks ease in midday trade, day after Nasdaq record

16 hours 14 mins ago
NEW YORK (AP) — Stocks are moderately lower in midday trading, a day after the Nasdaq composite closed at a record high. Full Story

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Other Top Stories

Average US rate on 30-year mortgage rises to 3.87 pct.

Average US rate on 30-year mortgage rises to 3.87 pct.

17 hours 1 min ago
WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week to their highest level so far this year as new data showed strength in the housing market. Full Story
Chobani CEO pledges to donate most of wealth

Chobani CEO pledges to donate most of wealth

17 hours 28 mins ago
NEW YORK (AP) — Chobani founder and CEO Hamdi Ulukaya says he will join some of the world's richest individuals in pledging to give away at least half his wealth, which has been estimated at $1.41 billion. Full Story
Pending US home sales jump to strongest level in 9 years

Pending US home sales jump to strongest level in 9 years

17 hours 36 mins ago
WASHINGTON (AP) — Americans signed contracts to buy homes in April at the fastest pace in nearly nine years, evidence that steady job growth is strengthening the real estate market. Full Story