Only a payrolls surprise could shake stalling market

NEW YORK - Unless next week's payrolls report is an outlier, investors should expect a continuation of the directionless market that has kept the S&P 500 trading in place for most of the year.

Recent Business News

Wall Street ends lower as weak oil weighs

- Wall Street ended on a sour note on Friday as a drop in energy stocks eclipsed wage data that supported expectations that the U.S. Federal Reserve might hold off on an interest rate. | Video

31 Jul 2015

Yahoo buys fashion website Polyvore

- Yahoo Inc said on Friday it agreed to buy fashion start-up Polyvore to help drive traffic and strengthen its mobile and social offerings.

Tech, Deals 31 Jul 2015

Tumbling oil prices slam profit at Exxon Mobil, Chevron

- Weak oil prices shriveled quarterly profit at Exxon Mobil Corp and Chevron Corp on Friday, compelling both companies to rethink operations and plan for what many expect to be a sustained period of cheap crude. | Video

31 Jul 2015

Who needs the Fed? The rate hike cometh on its own

NEW YORK - As traders, market pundits and economists jaw over whether the Federal Reserve this year will lift its benchmark lending rate for the first time in almost a decade, several corners of the U.S. bond market are not waiting around.

31 Jul 2015

BofA likely to hold vote this year on Moynihan chairmanship: source

NEW YORK - Bank of America is likely to hold a shareholder vote this year to determine whether Chief Executive Brian Moynihan should be allowed to retain his title of chairman of the bank's board, a person familiar with the matter said on Friday.

31 Jul 2015


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