Wall Street lower for second day after rally, data

NEW YORK - U.S. stocks were lower on Wednesday, with indexes on track for a second straight day of declines, as a recent rally gave investors reason to exercise caution.

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U.S. mortgage applications rise in latest week: MBA

NEW YORK - Applications for U.S. home mortgages edged up last week as interest rates dipped, an industry group said on Wednesday.

7:04am EST

Target to cut thousands of jobs as seeks to cut costs by $2 billion

(The corrected version of the story fixes reference to Canada loss to $5.4 billion from $5.4 million in paragraph nine)

9:00am EST

Brent below $60 on U.S. crude build, Saudi sees recovery

LONDON - Brent crude oil extended losses to fall below $60 a barrel on Wednesday after a much larger-than-expected build in U.S. crude stocks, while Saudi Arabia's oil minister said he expected the market to balance itself and prices to recover.

11:02am EST

Premature to talk about third Greek bailout: EU's Juncker

BRUSSELS - It is too early to discuss a third bailout package for Greece, European Commission President Jean-Claude Juncker said on Wednesday, stressing the focus of talks with Athens was implementing measures already agreed with the euro zone.

11:25am EST

From prime rib to chips and dip: Lean times at mining's annual conference

TORONTO - When the world's miners head for Toronto each year to attend their industry's annual conference, they arrive with certain expectations. They're accustomed to finding oyster bars, rowdy parties, open bars with high-end liquor and elegant hotel suites. | Video

7:24am EST


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