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Today's News
AP Top Extended Financial Headlines At 5:17 p.m. EDT
57 minutes ago
Stocks fall, interest rates rise after Fed minutes show policymakers weighed stimulus pullback Fed appears divided over when to slow bond purchases; some would consider a pullback soon
AP Top Financial News At 5:17 p.m. EDT
57 minutes ago
Stocks fall on news Fed weighed cutting stimulus Median CEO pay rises to $9.7 million in 2012 A divided Fed wrestles with when to slow bond buys
Target's 1Q profit drops 29 pct on weak sales
59 minutes ago
Target Corp. reported a 29 percent drop in first-quarter profit as unusually cool spring weather and financial pressures chilled customers' appetite for spending. The company, based in Minneapolis, also on Wednesday cut its annual profit outlook, sending its stock down. Target is the latest in a string of companies including rival Wal-Mart Stores Inc. that say bad weather and financial pressures like the higher payroll tax have squeezed business in the first couple months of the year.
AP Top Extended Financial Headlines At 5:16 p.m. EDT
59 minutes ago
Stocks fall, interest rates rise after Fed minutes show policymakers weighed stimulus pullback Fed appears divided over when to slow bond purchases; some would consider a pullback soon
