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Stocks up; S&P 500 hits five-year highStocks closed higher on Wall Street Thursday, sending the S&P 500 index to another five-year high. A good start to earning reports season helped push stocks up.
1865 baseball card to be auctioned off. Six-figure bids expected.1865 baseball card found at a rummage sale in Maine is expected to fetch six-figure bids, experts say. The only other known card like the 1865 baseball card is in the Library of Congress.聽- Supervalu Inc. to sell 5 grocery chains, including Albertsons, Acme, and Shaw'sThe sale to AB Acquisition, an investor group led by Cerberus Capital Management, will include 877 stores.聽
$1 trillion coin? Unlikely, says White HouseWhite House Press Secretary Jay Carney said the president does not see an alternative to raising the debt limit. In a press conference on Wednesday, Carney indicated that a $1 trillion coin is not an alternative under review by the White House.聽
Stocks rise on good company earningsStocks closed higher Wednesday, led by Boeing.聽Stocks are facing their first big challenge of the year as companies start to report earnings for the fourth quarter of 2012.
Fuel leak temporarily grounds another Japan Airlines Boeing 787On Tuesday, an Japan Airlines Boston to Tokyo flight was delayed after a fuel leak was discovered on the new Boeing 787.聽 On Monday, a fire broke out aboard another JAL Boeing 787 Dreamliner.
Target offers year-round online price matching of Amazon, Wal-MartTarget offered to match the prices of its biggest online competitors during the holiday season. Now, Target's offer to price match top online retailers, including Amazon, Wal-Mart, and Best Buy, will extend through the entire year.聽
Tax returns on hold till Jan. 30Tax returns Jan. 30? Don't bother trying to file your tax returns early -- and don't count on a quick refund check to help cover holiday expenses. The IRS won't start processing tax returns until Jan. 30.
Fisher-Price recalls 800,000 baby seatsFisher-Price recall: Almost a million baby sleepers from Fisher-Price have been recalled due to concerns about mold.
Stocks slip ahead of earnings seasonStocks fell on Wall Street Tuesday in anticipation of the beginning of corporate earnings season.聽The European debt crisis continued to cast a pall over the stock market.
Eurozone unemployment reached record high in NovemberEurozone unemployment hit 11.8 percent in November, the highest since the euro currency was founded in 1999. Unemployment in the 17 eurozone countries was up from 10.6 percent a year earlier.聽
Stocks drag S&P 500 down from 5-year highStocks fell Monday with the聽S&P 500 dropping 4.58 points to close at 1,461.89.聽Bank聽stocks聽ended the day little changed.
Bank of America settles with Fannie Mae. $10B for risky home loans.Bank of America has reached a settlement with Fannie Mae over questionable home loans the bank sold to the lender during the housing bubble. The $10 billion settlement from Bank of America will include a $3.6 billion payment to Fannie Mae and $6.75 billion in bought back loans.- Mall of Louisiana shut down after flash mob brawlMall of Louisiana: A flash mob of 200 teenagers turned violent in the food court. Police arrested six teens and the Mall of Louisiana was shut down early Sunday night.
Spain lottery, 'El Nino,' gives away $1.1 billionSpain lottery of $1.1 billion, called the 'El Nino' lottery, is held each Feast of the Epiphany in Spain. But there's a catch. Thanks to the country's new austerity measures, winners in the $1.1 billion Spain lottery have to pay 20 percent income tax on their winnings.聽
NHL, players reach 10-year deal, save seasonNHL deal, which must still be ratified, would allow up to 60 percent of the season to be played. Players to split revenue 50-50 with NHL and get a pension for first time.
New FDA rules: safer food, $500 million costNew FDA rules are biggest change in food safety in decades. Precautions against contamination range from farm workers washing hands to required safety plans from food manufacturers, under new FDA rules.聽
Stocks rise on steady jobs reportStocks extended a New Year's rally Friday with the Standard & Poor's 500 index hitting a five-year high.聽Stocks have surged this week after lawmakers passed a bill to avoid the "fiscal cliff."
ADP: New jobs reached 10-month high in DecemberADP monthly employment survey聽showed businesses added 215,000 jobs last month, the most in 10 months and much higher than November's total of 148,000. 聽Economists tend to be cautious of the ADP report because it can diverge sharply from government job figures.聽
Stocks fall with Fed undecided on stimulusStocks faded Thursday after rallying for two days when investors caught drift of bank officials at the Federal Reserve disagreeing over continued economic stimulus.聽Mixed holiday sales didn't help stocks either.
