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Wall Street climbs in wake of first presidential face-off

Consumer and technology stocks, including Amazon, led gains on Wall Street on Tuesday, while a perceived win by Democrat Hillary Clinton in Monday's first presidential debate gave broader support to equities. | Video

Recent Business News

U.S. prison investors may be rewarded if they keep their nerve

Investors in U.S. privately owned prisons may be rewarded if they keep their stocks given sector watchers have said presidential candidate Hillary Clinton would have difficulty realizing her goal of doing away with for-profit detention.

6:38pm EDT

Overhaul of NY Penn Station, post office advances

NEW YORK New York State officials on Tuesday chose developers for a $1.6 billion project to renovate a century-old historic post office, part of a broader plan to modernize Pennsylvania Station, the outdated labyrinthine train hub in the heart of New York City.

5:53pm EDT

Tyson Foods recalls chicken nuggets sold at Costco stores

Tyson Foods Inc said on Tuesday it is recalling about 132,520 pounds of chicken nuggets due to a possible contamination from plastic.

5:22pm EDT

World Bank reappoints Kim to five-year term as president

WASHINGTON The World Bank on Tuesday reappointed Jim Yong Kim to a five-year term as president of the multilateral development lender after the nomination period closed without any challengers coming forward.

3:35pm EDT

Oil down 3 pct as Saudi, Iran dash hopes for an Algiers deal

NEW YORK Oil fell about 3 percent on Tuesday after Saudi Arabia and Iran dashed market hopes that the two major OPEC producers would find a compromise this week at meeting in Algiers to help ease a global glut of crude.

5:04pm EDT


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