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Business News
A&F's shares tumble as teens turn elsewhere
NEW ALBANY, Ohio (AP) -- The Abercrombie & Fitch logo has lost the power it once wielded....
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US bank earnings up 5.2 pct in 2Q
WASHINGTON (AP) -- U.S. banks' earnings rose 5.2 percent in the April-June quarter from a year earlier, as banks reduced their expenses and lending marked its fastest pace since 2007....
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Contracts to buy US homes rise in hopeful sign
WASHINGTON (AP) -- More Americans signed contracts to buy homes in July, a sign that buying has improved as mortgage rates have slipped, the number of listings has risen and the rate of price increases has slowed....
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Survey: Americans' pessimism on economy has grown
WASHINGTON (AP) -- Americans are more anxious about the economy now than they were right after the Great Recession ended despite stock market gains, falling unemployment and growth moving closer to full health....
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Applications for US unemployment aid slip to 298K
WASHINGTON (AP) -- The number of Americans seeking unemployment benefits slipped 1,000 last week to a seasonally adjusted 298,000, a low level that signals employers are cutting few jobs and hiring is likely to remain strong....
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