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U.S. jobless claims drop to 5-1/2 year low

WASHINGTON - The number of Americans filing new claims for unemployment benefits fell unexpectedly last week, touching a 5-1/2 year low, suggesting a steadily improving labor market.

Recent Money News

Contractors, cars and debt collectors top U.S. consumer complaints: survey

- U.S. consumers always complain about pushy car salesmen and debt collectors, but in 2012 they also faced an array of new and sometimes surprising challenges - like getting hit with fees just for questioning their bills, according to a recent survey.

U.S., 31 Jul 2013

Congress finally votes to cut student loan interest rates

WASHINGTON - U.S. college students will likely pay a reduced interest rate of 3.86 percent on their student loans for the new school year, after lawmakers on Wednesday finally passed a compromise bill that would reverse a recent rate hike.

Politics, U.S., 31 Jul 2013

BlackRock starts index series focused on retirement planning

NEW YORK - BlackRock Inc, the world's largest money manager, is making a push into the retirement market with a new series of indexes and funds geared toward individual investors preparing for retirement.

31 Jul 2013

SEC tightens client rules for broker-dealers

WASHINGTON - The top securities regulator on Wednesday set new rules to protect clients with cash or securities at securities brokers, requiring more disclosure and safeguards from firms including some of Wall Street's largest.

Cash bites, but hold some anyway

- Cash: it loses value every day, will permanently impair your portfolio if you hold it long enough, but just might be your most important allocation right now.

31 Jul 2013

Reuters Money Tweets

    Markets

    • U.S.
    • Europe
    • Asia
    • Sectors
    Stock Search
    DOW 15,499.54 -21.05 -0.14%
    S&P 500 1,685.73 -0.23 -0.01%
    NASDAQ 3,626.37 +9.90 +0.27%
    TR US Index 153.33 +0.06 +0.04%
    EUR/USD 1.3228 -0.54%
    GBP/USD 1.5188 -0.13%
    USD/JPY 98.860 +1.02%
    Gold 1,322.70 +10.30 +0.78%
    Oil 107.22 +2.19 +2.09%
    Corn 496.50 -2.50 -0.50%