NEW YORK - U.S. stocks fell in afternoon trading on Tuesday after swinging between gains and losses for most of the session as the lack of major corporate earnings or market-affecting data kept trading directionless.
Recent Business News
WASHINGTON - A probe by the U.S. Congress into General Motors' recall of malfunctioning cars blamed for 13 deaths expanded on Tuesday when Senate Commerce Committee Chairman John Rockfeller sought hearings related to the company's ignition switch problems. | Video
LONDON - The Bank of England will overhaul the way it works with banks and financial markets as it faces criticism of its response to signs of possible manipulation of foreign exchanges rates. | Video
WASHINGTON - U.S. wholesale inventories rose more than expected in January, as companies built up stocks of autos and machinery, though sales posted their largest decline in nearly five years.
- Wal-Mart Stores Inc said on Tuesday that U.S. sales have improved since mid-February after cold and snowy weather dented business in the first half of that month.
For the third day, search and rescue operations from 10 different countries failed to find any trace of the missing Malaysian plane that disappeared about an hour into a flight to Beijing.
- The worrying (or not) rise of margin debt
- 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?