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Santa Clara Daily News
U.S. stocks inch higher on new hope for oil deal
Source: Santa Clara Mercury News | Sep 06, 2016 19:06:48
U.S. stocks inched higher Tuesday after a number of companies announced deals after the Labor Day holiday. Energy companies made the biggest gains as investors hope for a deal that could limit oil production and send prices and company profits higher..
Canadian auto workers pick General Motors as strike target
Source: Santa Clara Mercury News | Sep 06, 2016 19:01:40
Canadian auto workers have picked General Motors Co. as a potential strike target in contract talks with the Detroit Three automakers...
Survey: U.S. services firms register slowest growth since 2010
Source: Santa Clara Mercury News | Sep 06, 2016 15:48:12
U.S. services companies grew last month at the slowest pace in more than six years, a private survey finds...
U.S. trade deficit fell in July
Source: Santa Clara Mercury News | Sep 02, 2016 13:53:37
The U.S. trade deficit fell in July as imports declined slightly and exports rose to the highest level in 10 months, a possible sign that global demand for American products is starting to rebound...
Stocks rise as U.S. jobs report puts Fed rate hike in question
Source: Santa Clara Mercury News | Sep 02, 2016 13:51:35
Stocks rose and the dollar fell on Friday after a key report showed the U.S. economy added slightly fewer jobs than expected in August, making it potentially less likely that the Federal Reserve will raise interest rates already this month...
Tesla, SolarCity both plunge amid worries about cash squeeze and merger
Source: Santa Clara Mercury News | Sep 02, 2016 00:01:54
Shares of both Tesla Motors and SolarCity tumbled on Thursday after disclosures that the green tech companies face a cash squeeze ahead of their merger...
U.S. construction spending unchanged in July
Source: Santa Clara Mercury News | Sep 01, 2016 15:18:44
Spending on construction in the U.S. was unchanged in July as weakness in government projects offset gains in home building and the strongest month for non-residential construction on record..
U.S. factory activity shrinks for first time in 6 months
Source: Santa Clara Mercury News | Sep 01, 2016 14:31:31
U.S. manufacturing contracted last month for the first time since February, as new orders and output plummeted and factories cut jobs...
Butler: When our government is allergic to intervention, we pay
Source: Santa Clara Mercury News | Sep 01, 2016 00:52:34
Where the government acts to avert disaster, or to insure the otherwise uninsurable, it's commendable -- but it can't stop there. If it has the will, our government has the tools to put a stop to expensive and sometimes destructive practices. ..
Apple: Europe tax penalty could top $18 billion, impact other tech firms, say experts
Source: Santa Clara Mercury News | Aug 30, 2016 22:59:31
Other Silicon Valley tech companies' tax deals in Europe could get swept up in tax probe, including Google and Facebook; Apple CEO Tim Cook warns: ' ... every company in Ireland and across Europe is suddenly at risk of being subjected to taxes under ..
U.S. stocks are mostly lower as investors wait for jobs report
Source: Santa Clara Mercury News | Aug 30, 2016 18:33:07
U.S. stocks were slightly lower in afternoon trading Tuesday in another quiet day as the slow summer season comes to an end. Hershey plunged after the company walked away from a merger proposal, and Apple slipped after the company was hit with a larg..
Comey: FBI wants 'adult conversation' on device encryption
Source: Santa Clara Mercury News | Aug 30, 2016 14:43:12
FBI Director James Comey is again warning about the bureau's inability to access digital devices because of encryption...
U.S. consumer confidence in August highest in 11 months
Source: Santa Clara Mercury News | Aug 30, 2016 14:35:32
U.S. consumer confidence increased in August to its highest level in nearly a year, suggesting economic growth could pick up in the second half of the year...
Banks lead gains on Wall Street on hopes for higher rates
Source: Santa Clara Mercury News | Aug 29, 2016 19:46:41
Banks are leading the stock market higher in afternoon trading Monday as investors anticipate that the Federal Reserve is moving closer to raising interest rates this year from their historically low levels...
Yellen suggests rate hike is coming but offers no timetable
Source: Santa Clara Mercury News | Aug 26, 2016 21:05:12
Federal Reserve Chair Janet Yellen said Friday that the case for raising interest rates has strengthened in light of a solid job market and an improved outlook for the U.S. economy and inflation. But she stopped short of offering any timetable...
Stocks slip into losses in the afternoon after Yellen speech
Source: Santa Clara Mercury News | Aug 26, 2016 18:39:44
Stocks were lower on Wall Street in afternoon trading on Friday, giving up modest gains following a generally upbeat assessment of the economy from Fed Chair Janet Yellen...
Butler: Real estate investing is seductive, but beware
Source: Santa Clara Mercury News | Aug 23, 2016 12:13:34
Stocks and bonds may promise less return than real estate these days, but at least they are transparent and together they offset each other's respective drawbacks and advantages...
Speedo USA becomes the first major sponsor to drop Lochte
Source: Santa Clara Mercury News | Aug 22, 2016 16:15:14
Ryan Lochte lost his first major sponsor when Speedo USA announced it is dropping the swimmer over a drunken incident during the Rio Olympics that he initially described as an armed robbery...
Should you make extra mortgage payments?
Source: Santa Clara Mercury News | Aug 20, 2016 01:11:56
The move can shave off costs for a home loan and ensure it's paid off faster, but it can mean less money for savings...
U.S. consumer prices unchanged in July
Source: Santa Clara Mercury News | Aug 16, 2016 15:10:49
U.S. consumer prices were unchanged in July as a big drop in gasoline and other energy prices kept inflation under control...
Butler: Candidates differ on where to find money for goals
Source: Santa Clara Mercury News | Aug 15, 2016 12:20:17
Clinton will raise taxes on the wealthy and borrow money; Trump will probably borrow because he is committed to reducing taxes even on the wealthy...
U.S. producer prices slid 0.4 percent in July
Source: Santa Clara Mercury News | Aug 12, 2016 13:56:58
U.S. producer prices last month registered the biggest drop since September, pulled down by tumbling energy, clothing and food prices...
Average U.S. 30-year mortgage rate ticks up to 3.45 percent
Source: Santa Clara Mercury News | Aug 11, 2016 16:12:50
Long-term U.S. mortgage rates edged higher this week, though rates remain at historically low levels...
Debt-collection proposals: Fewer calls, easier to dispute
Source: Santa Clara Mercury News | Jul 28, 2016 15:39:17
Consumers could no longer receive multiple calls per day from debt collectors and would have more ability to dispute their bills under proposals released Thursday to overhaul the multibillion-dollar debt collection industry...
Stock-market fluctuations hit retirement funds hard
Source: Santa Clara Mercury News | Jul 21, 2016 11:50:39
Hitting a retirement income number should be looked at as a range and not a single figure...