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Today's News

AP Top Financial News At 6:06 p.m. EDT

5 hours ago

HP's slumps deepens in 2Q as earnings fall 32 pct Penney secures $2.25B loan as it seeks turnaround Tesla uses stock, note sale to repay government

Stocks fall on news Fed weighed cutting stimulus

5 hours ago

The Federal Reserve took financial markets for a ride Wednesday, pushing stock prices up in the morning then sending them down in the afternoon. The Fed minutes, which were released at 2 p.m. Eastern Daylight Time, showed that some policymakers favored slowing the central bank's bond-buying program. That prompted traders to dump U.S. government bonds, sending their interest rates, or yields, higher.

Business Highlights

5 hours ago

___ Median CEO pay rises to $9.7 million in 2012 NEW YORK (AP) _ CEO pay has been going in one direction for the past three years: up. The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a year earlier that was aided by a rising stock market, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm.

AP Top Financial News At 6 p.m. EDT

5 hours ago

HP's slumps deepens in 2Q as earnings fall 32 pct Penney secures $2.25B loan as it seeks turnaround Tesla uses stock, note sale to repay government

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