NEW YORK - U.S. stocks fell on Monday weighed by soft data out of China, lingering concerns over Russia's claim over part of Ukraine and Boeing's latest production setback.
- Fannie, Freddie could send $179.2 billion to taxpayers: White House
- Mt. Gox files for U.S. bankruptcy to halt class action
- Evans says flatly: Fed will keep trimming bond purchases
- Pizza chain Sbarro files for bankruptcy protection
- Boeing's Muilenburg says confident about $25 billion in deferred 787 costs
Recent Business News
DETROIT - General Motors Co said on Monday that the team conducting a probe of the company's ignition-switch recall linked to 13 deaths is being led by the lawyer who investigated Lehman Brothers after the financial services firm collapsed in 2008.
- EBay Inc on Monday rejected activist investor Carl Icahn's two nominees to its board, saying both were unqualified, and urged shareholders to vote against them at its next annual meeting.
FRANKFURT - Germany's BMW said it saw strong demand for the i8 hybrid sportscar which will go into series production in April and start customer deliveries in June.
WASHINGTON - Central bank efforts to become more predictable on future interest rate moves have smoothed out short-term upsets in financial markets but could also lead to excessive risk-taking, research from the Bank for International Settlements said on Sunday.
The FT's Michael Mackenzie reports that the amount of money borrowed on margin to buy stocks on the NYSE hit a new, nominal high of $451 billion. That's up 20% over last year, Mackenzie reports.
- Manufacturing and consumer spending edge up
- Is China’s red-hot housing market finally beginning to cool down?
- What we know about income inequaliy: America’s disappearing ‘middle-skill’ jobs and falling wages
- The end of the boom in emerging markets reserves
- Is the US labor market doing better than we think?
- US sees moderate manufacturing growth in January