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Finance News

Shell to revive plans to drill in Arctic

Shell to revive plans to drill in Arctic

32 mins ago
LONDON (AP) — Royal Dutch Shell Plc plans to resume drilling in Alaska this year even as it plans to cut spending by $15 billion over the next three years because of the drop in oil prices. Full Story
Stocks move higher in afternoon trading; Energy stocks fall

Stocks move higher in afternoon trading; Energy stocks fall

82 mins ago
Encouraging corporate earnings and labor market data sent U.S. stocks higher in afternoon trading Thursday. The market could snap a two-day losing streak. Energy stocks were among the biggest laggards, as oil prices extended their slide. Full Story
Ford beats estimates despite declines in earnings, revenue

Ford beats estimates despite declines in earnings, revenue

1 hour 38 mins ago
DEARBORN, Mich. (AP) — Ford Motor Co. is putting a tough year behind it and promising big things despite a bumpy global market. Full Story
Stocks drift higher in midday trading; Energy stocks slump

Stocks drift higher in midday trading; Energy stocks slump

2 hours 40 mins ago
Major stock indexes drifted mostly higher in midday trading Thursday as investors sifted through a mix of corporate earnings and economic news. Energy stocks were among the biggest decliners as oil prices extended their slide. Full Story
For traders, oil's plunge takes a toll on egos and accounts

For traders, oil's plunge takes a toll on egos and accounts

3 hours 37 mins ago
NEW YORK (AP) — The plunge in oil has crushed the Russian ruble, erased $80 billion from Exxon Mobil's market value and pushed Venezuela to the brink of economic collapse. Full Story

Other Top Stories

US pending home sales tumble in December

US pending home sales tumble in December

4 hours 29 mins ago
WASHINGTON (AP) — Fewer Americans signed contracts to buy homes in December, a sign that low mortgage rates have yet to coax more buyers into the market. Full Story
Stock market mixed in early trading; McDonald's stock jumps

Stock market mixed in early trading; McDonald's stock jumps

5 hours 22 mins ago
U.S. stocks edged mostly lower in early trading Thursday, as investors sized up a mix of corporate earnings and economic news. Full Story
US unemployment benefit applications plunge to 15-year low

US unemployment benefit applications plunge to 15-year low

6 hours 29 mins ago
WASHINGTON (AP) — The number of people seeking unemployment aid plunged last week to the lowest level in almost 15 years, a sign hiring will likely remain healthy. Full Story