Stories by Steve Rothwell

Monday, Sept. 28, 2015

Markets drop over China fears, drug costs

NEW YORK - Ongoing worries about the health of the Chinese economy and another big sell-off in drugmakers pushed the stock market back toward its lowest level of the year.
By Steve Rothwell

Friday, Sept. 4, 2015

Investment strategist: What to expect from the Fed on interest rates

NEW YORK — This month’s Federal Reserve policy meeting could signal the end of an era.
By Steve Rothwell

Tuesday, July 14, 2015

Wells Fargo profit edges lower in 2nd quarter

Wells Fargo profit edges lower in 2nd quarter; revenue grows but falls short of estimates.
By Steve Rothwell

Friday, July 10, 2015

US stocks rise on optimism over Greek bailout deal

NEW YORK - U.S. stocks logged their best day in two months Friday as Greece appeared to move closer to securing a bailout deal that will enable it to avoid bankruptcy and keep the country in the euro.
By Steve Rothwell

Tuesday, June 30, 2015

US stock market recovers slightly

NEW YORK — The U.S. stock market stabilized on Tuesday as investors followed the latest developments in the Greek debt saga.
By Steve Rothwell

Friday, May 29, 2015

The top 10 highest-paid female CEOs

NEW YORK — Female CEOs are outpacing their male colleagues in pay, although they remain vastly outnumbered in the top echelons of American companies.
By Steve Rothwell

Friday, April 10, 2015

Of Mutual Interest: Will shrinking earnings halt the stock market's run?

A streak may end; Do shrinking company earnings mean the end for the stock market's bull run?
By Steve Rothwell

Tuesday, Feb. 10, 2015

Stocks up on earnings reports, Greece news

NEW YORK - A mix of positive earnings and corporate news boosted stocks. Signs that Greece might be willing to broker a deal with creditors also gave the market a lift.
By Steve Rothwell

Thursday, Jan. 15, 2015

Citigroup says fourth-quarter profit dropped on legal costs

Citigroup says fourth quarter profit dropped on legal and restructuring costs.
By Steve Rothwell

Monday, Jan. 5, 2015

Stocks sink over oil, Europe worries

After six months of falling oil prices, investors are starting to worry that the slump is signaling a weaker global economy. That fear shook financial markets as oil dropped again.
By Steve Rothwell

Thursday, Dec. 18, 2014

Dow surges in triple-digit day

The Dow Jones industrial average had its biggest uptick in three years Thursday, its second straight triple-digit gain following the Federal Reserve's reassurance that it was in no hurry to raise ...
By Steve Rothwell

Friday, Dec. 12, 2014

US stocks slump as oil rout continues

NEW YORK - A rout in oil prices shook financial markets Friday, pushing stocks to their worst weekly loss in two and a half years.
By Steve Rothwell

Wednesday, Dec. 10, 2014

US stocks slide the most in two months

NEW YORK — Oil resumed its slide Wednesday and took the market down with it. The catalyst for the latest sell-off was an OPEC report that projected demand would sink to levels not seen in ...
By Steve Rothwell

Wednesday, Nov. 5, 2014

US stocks gain as the price of crude oil rebounds

NEW YORK - Stocks returned to record levels Wednesday as a rebound in oil prices boosted energy stocks. The stock market also gained after the completion of midterm elections that saw Republicans ...
By Steve Rothwell

Monday, Nov. 3, 2014

Health care stocks lead market's rebound

Health care companies are leading from a sharp sell-off, helping push the Dow Jones industrial average and Standard & Poor's 500 index back to record levels.
By Steve Rothwell

Saturday, Oct. 25, 2014

Big slump is no cause to ditch stocks

NEW YORK - After more than five years of stock market gains, investors could be forgiven for worrying that big sell-offs may be the harbingers of bigger slumps.
By Steve Rothwell

Wednesday, Oct. 15, 2014

Bank of America earnings slump on legal settlement

NEW YORK — Bank of America, the second-largest U.S. bank by assets, said Wednesday that its earnings slumped in the third quarter after it agreed to a settlement with the government over its sale ...
By Steve Rothwell

Thursday, Aug 28, 2014

JPMorgan working with officials on possible cyberattack

NEW YORK - JPMorgan Chase, the nation's biggest bank by assets, is working with law enforcement officials to investigate a possible cyberattack, said a person familiar with the situation.
By Steve Rothwell

Thursday, July 31, 2014

US stocks plunge, wiping out July's gains

NEW YORK - A confluence of worries sent the Dow Jones industrial average tumbling more than 300 points, its worst one-day drop since February.
By Steve Rothwell

Friday, July 25, 2014

Market extends its correction-free streak

A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. A Portuguese bank's finances look shaky. And the U.S. stock market's response? After dipping briefly on ...
By Steve Rothwell
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