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• Stocks close mixed after bleak jobless data
Broader stock ended mixed. The Standard & Poor’s 500 index rose 5.48, or 0.44 percent, to 1,242.31, and the Nasdaq composite index fell 3.16, or 0.14 percent, to 2,255.88.
• U.S. unemployment rate hits a five-year high
All the major stock indexes tumbled into bear territory Thursday as investors lost hope of a late-year recovery. With the employment situation deteriorating, there’s growing worry that consumers will recoil, throwing the economy into a tailspin ...
• Alaska residents cash in on annual dividend
Payouts are calculated on a five-year average of investment income from bonds, stock dividends and sales, and other investments. Direct deposit of the dividends is scheduled earlier than usual this year, Sept. 12, for more than 493,000 people.
• World markets plunge after Wall Street sell-off
LONDON - World stock markets fell sharply Friday in the wake of a sell-off on Wall Street amid mounting concerns about a slumping U.S. economy and its impact on global growth. Disappointing reports on U.S. retail sales and jobless claims overnight ...
• Reports: Fannie Mae, Freddie Mac takeover set
Quoting unidentified sources, the Post said that the companies would be placed under a conservatorship and that the value of the companies' common stock would be diluted but not wiped out, while other securities, including preferred shares, would be ...