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Business News
US stocks drop; mixed jobs report clouds rate outlook
NEW YORK (AP) -- It's an adage that investors hate uncertainty. Unfortunately for them, they got more of it on Friday....
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US jobless rate falls to 7-year low; Fed move still unclear
WASHINGTON (AP) -- U.S. unemployment fell to a seven-year low of 5.1 percent last month, but hiring slowed - a mixed bag of news that offers few clues to whether the Federal Reserve will raise rock-bottom interest rates later this month....
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Energy company Emera plans to buy Teco Energy for $6.48B
NEW YORK (AP) -- Canadian energy and services company Emera says it will buy Teco Energy, an electric and gas utility that does business in Florida and New Mexico, for about $6.48 billion....
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Gap and Vince are big market movers
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:...
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How the Dow Jones industrial average fared on Friday
U.S. stocks slumped on Friday after the government's monthly jobs report gave investors few clues about the Federal Reserve's next move on interest rates. The government reported that the unemployment rate fell to a seven-year low in August, but also said that employers added fewer jobs than forecast....
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