Content Tagged As market

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  • Study: 45 percent of Louisiana renters 'stressed'

    August 14, 2014 3:12 AM

    BATON ROUGE - A new assessment of the Louisiana housing market has found that nearly 45 percent of renters are considered "rent stressed" because they're paying more than 35 percent of their monthly income in rent. The national average is at close to 43 percent. The study by LSU professors... more »
  • Obama: "No question" shutdown hurt job market

    November 8, 2013 2:08 PM

    NEW ORLEANS- President Barack Obama says there "no question" that last month's partial government shutdown hurt the nation's jobs market. The president is speaking hours after the Labor Department reported that the economy added 204,000 jobs in October. The burst of hiring was surprising given that the government was shut... more »
  • Stocks, bonds rally after Summers exits Fed race

    September 16, 2013 8:56 AM

    NEW YORK- Stocks and bonds are rising sharply in early trading after former Treasury Secretary Larry Summers withdrew from the race to become head of the Federal Reserve. Summers had been expected to move aggressively to rein in the Fed's huge economic stimulus program. The Dow Jones industrial average rose... more »
  • US employers posted fewer jobs, but hired more

    September 10, 2013 10:29 AM

    WASHINGTON - U.S. employers advertised fewer jobs in July but hired more workers, a mixed sign that suggests only modest improvement in the job market. The Labor Department says job openings fell 180,000 in July to 3.7 million. That's down from 3.9 million the previous month, which was revised lower.... more »
  • Stock market rises sharply, Syria strike on hold

    September 3, 2013 9:02 AM

    NEW YORK- The stock market is opening sharply higher on the first U.S. trading day since President Barack Obama announced that he would seek congressional approval for a military strike against Syria. The Dow Jones industrial average was up 99 points to 14,909 shortly after trading began Tuesday. The Standard... more »
  • Shrimp shortage driving up prices

    August 30, 2013 10:40 AM

    BATON ROUGE - A shortage in the global shrimp market is rapidly driving up local prices. A disease which kills prawns has hit shrimp markets overseas, reducing the overall supply and driving up prices around the globe. In July federal fisheries officials also predicted a below-average brown shrimp... more »
  • Stocks fall as tensions with Syria escalate

    August 27, 2013 12:22 PM

    NEW YORK - Worries about a potential military strike against Syria are dragging down the stock market and sending oil and gold prices higher. Tension is rising between Syria and the West. U.S. Defense Secretary Chuck Hagel said Tuesday that U.S. forces are ready to strike if President Barack Obama... more »
  • Stocks edge higher in early trade; Microsoft jumps

    August 23, 2013 9:01 AM

    NEW YORK- Stocks are edging higher in early trading on Wall Street a day after pricing problems shut down the Nasdaq exchange for three hours. The Nasdaq composite was up 16 points, or 0.5 percent, at 3,655 shortly after the opening of trading Friday. Other indexes also rose, but not... more »
  • Stocks edge higher in early trading on Wall Street

    August 13, 2013 9:07 AM

    NEW YORK- Stocks are inching mostly higher in early trading on Wall Street after the government reported a pickup in retail sales last month. The Standard & Poor's 500 index was up two points, or 0.1 percent, at 1,691 shortly after the opening of trading Tuesday. The Dow Jones industrial... more »
  • Stocks slip after Japan's growth disappoints

    August 12, 2013 9:02 AM

    NEW YORK- Stocks are slipping in early trading on Wall Street after Japan's economic growth came in weaker than analysts had expected. The Dow Jones industrial average was down 25 points, or 0.2 percent, at 15,399 after the first few minutes of trading Monday. The Standard & Poor's 500 index... more »
  • Stocks inch higher; still on track for weekly loss

    August 9, 2013 9:01 AM

    NEW YORK- Stocks are edging higher in early trading on Wall Street, not enough to erase the market's loss for the week. The Dow Jones industrial average edged up four points, just 0.03 percent, to 15,502 shortly after the opening of trading Friday. The Standard & Poor's 500 index was... more »
  • Stock market opens higher on healthier China trade

    August 8, 2013 8:55 AM

    NEW YORK- The stock market is opening higher after a drop in jobless claims and new evidence that China's economy may be stabilizing. The Dow Jones industrial average rose 80 points, or 0.5 percent, to 15,551 shortly after the U.S. stock market opened Thursday. The Standard & Poor's 500 index... more »
  • Stocks slip in early trade; American Eagle drops

    August 6, 2013 8:58 AM

    NEW YORK- Stocks are slipping in early trading on Wall Street despite some positive news on the economy. The Dow Jones industrial average fell 70 points, or 0.4 percent, to 15,542 after the first few minutes of trading Tuesday. The Standard & Poor's 500 index fell three points, or 0.2... more »
  • Stocks ease in early trading on Wall Street

    August 5, 2013 9:10 AM

    NEW YORK- Stocks are edging lower in early trading on Wall Street. The Dow Jones industrial average was down 52 points, or 0.3 percent, at 15,605 points in early trading Monday. The Standard & Poor's 500 index was off four points, or 0.3 percent, at 1,704. The Nasdaq composite was... more »
  • Home prices rise 12.2 percent, best in 6 years

    July 30, 2013 10:19 AM

    WASHINGTON - U.S. home prices jumped 12.2 percent in May compared with a year ago, the biggest yearly gain since March 2006. The increase shows the housing recovery is strengthening. The Standard & Poor's/Case-Shiller 20-city home price index also surged 2.4 percent in May from April, nearly matching the previous... more »
  • US stocks open lower, dragged down by tech

    July 26, 2013 8:56 AM

    NEW YORK- Stocks are getting off to a weak start on Wall Street after more weakness in technology companies. The early decline Friday is putting the market on track for its first weekly loss this month. The Dow Jones industrial average fell 75 points, or 0.5 percent, to 15,481 in... more »
  • Stocks open mostly lower on Wall Street

    July 25, 2013 8:51 AM

    NEW YORK- Stocks are opening mostly lower on Wall Street after several companies reported disappointing earnings. Home builder PulteGroup plunged 9 percent to $16.89 after reporting a 14 percent plunge profits. Another major home builder, D.R. Horton, fell 7 percent to $19.62. Technology shares fared better than the rest of... more »
  • Earnings gains drive stocks higher in early trade

    July 18, 2013 8:57 AM

    NEW YORK- Solid earnings gains at major U.S. companies are driving stocks higher in early trading on Wall Street. The advance put the Dow Jones industrial average and the Standard & Poor's 500 index back into record territory. The Dow was up 73 points, or 0.5 percent, at 15,542 after... more »
  • Stocks jump after Fed keeps stimulus in place

    July 11, 2013 8:56 AM

    NEW YORK- The stock market is rising to record highs after Federal Reserve Chairman Ben Bernanke said the central bank would continue to support the U.S. economy. The Dow Jones industrial average was up 151 points, or 1 percent, to 15,443 after the first few minutes of trading Thursday. The... more »
  • US stocks rise, extending last week's gains

    July 8, 2013 8:54 AM

    NEW YORK- The stock market is up in early trading as it builds on gains from last week's encouraging jobs report. The Dow Jones industrial average was up 76 points at 15,212 shortly after the market opened. The Standard & Poor's 500 climbed seven points to 1,639. The Nasdaq was... more »
  • Stocks slip in early trade after three-day surge

    June 28, 2013 8:59 AM

    NEW YORK- U.S. stocks are getting off to a slow start after a three-day rally. The Dow Jones industrial average was down 49 points, or 0.4 percent, at 14,973 in the first few minutes of trading Friday. The Standard & Poor's 500 index was down three points, or 0.2 percent,... more »
  • US stocks higher on strong jobs, spending news

    June 27, 2013 9:10 AM

    NEW YORK- Better news on jobs and consumer spending are pushing stocks higher in early trading. The Dow Jones industrial average was up 112 points, or 0.8 percent, at 15,022 after the first few minutes of trading Thursday. The Standard & Poor's 500 index was up 10 points, or 0.7... more »
  • Stock market opens higher, extending gains

    June 26, 2013 9:02 AM

    NEW YORK- U.S. stocks are rising in early trading, extending gains from the day before. The Dow Jones industrial average was up 134 points, or 0.9 percent, 10 minutes after the market opened Wednesday. The Dow jumped 100 points in the previous session following good news about the economy. The... more »
  • US stocks little changed at end of a volatile week

    June 14, 2013 9:00 AM

    NEW YORK- Stocks are little changed in the early going on Wall Street as trading quieted down at the end of a turbulent week. The Dow Jones industrial average edged down a point to 15,175 in the first few minutes of trading Friday. The Dow had surged 180 points the... more »
  • US stocks edge lower as Japanese market slumps

    June 13, 2013 8:58 AM

    NEW YORK- Stocks are edging lower in early trading on Wall Street after the Japanese market took another plunge. The Dow Jones industrial average fell 18 points, or 0.1 percent, to 14,975 in the first few minutes of trading Thursday. The Standard & Poor's 500 index fell a point, or... more »
  • Stock indexes open higher on Wall Street

    June 12, 2013 9:08 AM

    NEW YORK- The stock market is getting off to a strong start after two days of losses. Markets have become more volatile in the past two weeks as global central banks prepare to ease back on their economic stimulus policies. The Dow Jones industrial average was up 57 points at... more »
  • Stocks move higher in early trading on Wall Street

    June 4, 2013 9:01 AM

    NEW YORK- Stocks are opening higher on Wall Street after encouraging news about home prices and trade. The Dow Jones industrial average was up 26 points at 15,280 shortly after the opening bell Tuesday, a gain of 0.2 percent. The Standard & Poor's 500 index was up three points at... more »
  • Stocks open sharply higher on Wall Street

    May 28, 2013 8:56 AM

    NEW YORK- A jump in home prices is helping send the stock market sharply higher in early trading. The Dow Jones industrial average rose 143 points to 15,447 shortly after the opening bell Tuesday, a gain of 1 percent. The Standard & Poor's 500 index was up 17 points at... more »
  • Stock slump continues on Wall Street

    May 23, 2013 8:57 AM

    NEW YORK- A global stock market slump is continuing on Wall Street as traders worry about how committed the Federal Reserve remains to keeping up its bond-buying program. The Dow Jones industrial average fell 112 points to 15,191 in early trading Thursday, or 0.7 percent. The Standard & Poor's 500... more »
  • Indexes edge higher on Wall Street in early trade

    May 21, 2013 8:54 AM

    NEW YORK- Stock indexes are edging higher in early trading on Wall Street as investors look ahead to the Federal Reserve's next moves. The Dow Jones industrial average was up 54 points at 15,390 shortly after the opening bell Tuesday, a gain of 0.4 percent. The Standard & Poor's 500... more »
  • Stocks open slightly lower on Wall Street

    May 20, 2013 9:01 AM

    NEW YORK- Stocks are opening slightly lower on Wall Street as the stock market comes off of four straight weeks of gains. The Dow Jones industrial average fell 21 points to 15,332 shortly after the opening bell Monday, a loss of 0.1 percent. The Standard & Poor's 500 index was... more »
  • Weak open on Wall Street; Wal-Mart disappoints

    May 16, 2013 9:04 AM

    NEW YORK- Stocks are opening slightly lower on Wall Street a day after the market hit its latest record high. Wal-Mart led the Dow Jones industrial average lower after the giant retailer blamed higher payroll taxes, bad weather and delayed tax refunds for a sales slump that disappointed investors. Cisco... more »
  • Stocks edge higher in early trading on Wall Street

    May 14, 2013 9:03 AM

    NEW YORK- Stock indexes are moving higher in early trading on Wall Street as a record-breaking advance on the stock market got moving again. The Dow Jones industrial average was up 26 points at 15,117 shortly after the opening bell Tuesday, a gain of 0.2 percent. The broader Standard and... more »
  • US stock market falls after retail sales report

    May 13, 2013 9:04 AM

    NEW YORK- The U.S. stock market is falling in early trading to begin a week full of hints about the health of the nation's retailers. Americans boosted spending at retail stores in April, according to the Commerce Department, surprising some economists. Earlier declines on major markets were cut in half... more »
  • Stocks edge higher in early trade on Wall Street

    May 7, 2013 9:00 AM

    NEW YORK- Stocks are edging higher in early trading on Wall Street, putting the Dow Jones industrial average back above 15,000. The Dow was up 42 points at 15,011 shortly after the opening bell Tuesday, an increase of 0.3 percent. The Dow first crossed above 15,000 on Friday after the... more »
  • Stocks fall on jobs concerns, fall in Merck profit

    May 1, 2013 9:01 AM

    NEW YORK- The stock market is falling early after a survey showed U.S. companies added the fewest jobs in seven months and Merck reported a lower quarterly profit. Shortly after the market opened, the Dow Jones industrial average dropped 55 points to 14,784, a fall of 0.4 percent. The Standard... more »
  • The S&P 500 rises; Dow is down, led by IBM

    April 19, 2013 9:03 AM

    NEW YORK- The broad Standard & Poor's 500 index opened higher early Friday, capping a volatile week in stock markets. Stocks of technology companies were the big movers shortly after the market opened. Several industry bellwethers reported quarterly earnings late Thursday, including IBM and Google. The Standard & Poor's 500... more »
  • Weak start for stocks on Wall Street; banks slide

    April 12, 2013 8:58 AM

    NEW YORK- The stock market is heading lower in early trading after a four-day rise as bank shares weaken. Wells Fargo and JPMorgan fell after reporting revenue that was lower than analysts were expecting. JPMorgan and Bank of America led the Dow Jones industrial average lower shortly after the opening... more »
  • Stocks surge after last-minute budget deal reached

    January 2, 2013 12:09 PM

    NEW YORK - Stocks are sharply higher on Wall Street after lawmakers reached a last-minute budget agreement to avert sweeping tax increases and cuts to government spending programs. The Dow is off its highs of the day, but remained up more than 200 points in early afternoon trading. The Dow... more »
  • Home sales trending higher in Baton Rouge market

    December 28, 2012 5:36 PM

    BATON ROUGE- The Baton Rouge housing market is ending this year with positive numbers. Home sales were up 16 percent compared to last year's numbers with the average sales price up $30,000 dollars. Realtors say there's a shift taking place in Baton Rouge from a buyers' market to... more »
  • Stocks mixed as investors work through jobs report

    December 7, 2012 11:52 AM

    NEW YORK - Stocks are trading mixed on Wall Street as investors work through the government's latest jobs report. It turns out Superstorm Sandy didn't have as much of an impact on the employment picture last month as economists had expected. The government says the storm played only a minimal... more »
  • Oil down with Cushing inventory nearly flat

    December 5, 2012 11:34 AM

    NEW YORK - Oil prices are lower Wednesday after the government reported that stocks of crude are still running much higher than usual for this time of year. Benchmark crude fell 24 cents to $88.26 in midday trading. Oil prices were higher earlier in the day. But the weekly report... more »
  • Oil prices fall as Israel-Hamas truce holds

    November 26, 2012 3:07 PM

    NEW YORK - Oil is back below $88 per barrel after a slow day of trading. Analysts are giving two reasons for the decline. One is that the truce between Israel and Hamas in the Gaza Strip appears to be holding. The second is that traders are worried that negotiations... more »
  • Stocks open lower on new fiscal cliff warning

    November 26, 2012 10:29 AM

    NEW YORK - Stocks are opening lower after a warning from White House economists dampened what had been a huge weekend for retailers. Shoppers flooded stores in record numbers over the weekend, according to the National Retail Federation. The organization said 247 million shoppers visited stores and shopping websites during... more »
  • Stocks open lower on new fiscal cliff warning

    November 26, 2012 9:57 AM

    NEW YORK - Stocks are opening lower after a warning from White House economists dampened what had been a huge weekend for retailers. Shoppers flooded stores in record numbers over the weekend, according to the National Retail Federation. The organization said 247 million shoppers visited stores and shopping websites... more »
  • Dow climbs 172 in a Black Friday rally

    November 23, 2012 3:57 PM

    NEW YORK - Stocks rallied in an abbreviated session on Wall Street. The Dow Jones industrial average shot up 172 points to 13,009. That's the first close above 13,000 for the Dow since Election Day. The Standard & Poor's 500 index rose 18 points to 1,409. The S&P also racked... more »
  • Ample supplies push oil down 1 pct

    October 18, 2012 10:19 AM

    NEW YORK - The price of oil is falling on expectations that China is less likely to roll out a stimulus program for its improving economy. U.S. benchmark oil fell 94 cents, or 1 percent, to $91.18 a barrel in morning trading. Brent crude, which many U.S. refiners use to... more »
  • Fed survey: Most US regions show moderate growth

    October 10, 2012 4:26 PM

    WASHINGTON - Nearly all regions of the United States are reporting that stronger housing markets have helped boost economic growth since the middle of August, according to a survey by the Federal Reserve. The Fed says growth improved in 10 of its 12 regional banking districts, while leveling off in... more »
  • Oil prices fall after warning from World Bank

    October 8, 2012 10:44 AM

    NEW YORK - A strong warning from the World Bank that growth in Asia may slow further is dragging down the price of oil Monday. The World Bank signaled the possibility of a "more pronounced slowdown" in China, the world's second largest economy after the United States. It also cut... more »
  • Oil rises as consumer confidence hits 7-month high

    September 25, 2012 10:14 AM

    NEW YORK - The price of oil is rising on news that U.S. consumer confidence is at the highest level since February. Benchmark oil gained 92 cents to $92.85 per barrel Tuesday in New York. The Conference Board's latest survey shows Americans are more optimistic about the availability of jobs... more »
  • Burnside alumina plant in danger of closing again

    September 11, 2012 4:56 PM

    BURNSIDE - More than a year after announcing plans to reopen an idled alumina plant in Ascension Parish, Ormet Corporation announced today they could layoff many of the plant's 250 workers or even close it. Ormet said a recent Ohio public utilities ruling not to exempt the company's aluminum... more »
  • Last days of summer push up gasoline prices

    September 11, 2012 10:27 AM

    NEW YORK - The price of gasoline is seeing the biggest gain in two weeks Tuesday. But relief should be in sight by the time autumn arrives. AAA says the national average price rose 1.5 cents to $3.843 per gallon. That's up 15 cents from a month ago. Motorists... more »
  • Historic market to be restored in New Orleans

    July 24, 2012 8:47 AM

    NEW ORLEANS - A historic New Orleans marketplace closed by Hurricane Katrina is going to get restored with $3.7 million in federal rebuilding money. City officials held a groundbreaking for the St. Roch Market redevelopment Monday. The market is expected to reopen by spring. The market was built... more »
  • Realtors say boom underway in Baton Rouge area Play Video

    June 20, 2012 5:46 PM

    BATON ROUGE- Realtors say home sales in the greater Baton Rouge area are up 20 to 25 percent over this time last year. They credit a number of factors. They include the market leveling out after prices soared artificially high after Hurricane Katrina in 2005. From a financial standpoint,... more »
  • Baton Rouge area home sales up

    June 20, 2012 10:11 AM

    BATON ROUGE- There is good news on the housing market. Home sales grew 25 percent in May while inventory dropped significantly according to the Greater Baton Rouge Association of Realtors. One realtor says he has noticed the same trend. He compares the current market to the time just before... more »
  • Economic figures drive Dow down, heat Presidential debate

    June 1, 2012 4:15 PM

    WASHINGTON - The stock market is down and the presidential rhetoric is heating up in the wake of some disappointing economic data that came out today. The Labor Department says U.S. employers added 69,000 jobs in May. That's the far fewer than had been expected and with downward revisions of... more »
  • Oil drops on disappointing US growth data

    May 31, 2012 10:28 AM

    NEW YORK - The price of oil is falling again on reports that the U.S. economy isn't growing as expected. Benchmark U.S. crude lost $1.28 to $86.54 per barrel while Brent crude lost $1.13 to $102.34 per barrel. Oil is now the cheapest it's been all year. Prices have been... more »
  • Investors watching Facebook's debut on Wall Street

    May 18, 2012 11:14 AM

    NEW YORK - Facebook is updating its status to "public company" as its stock jumps in its debut on the Nasdaq Stock Market. The stock opened at $42.05 on Friday morning. It later settled at $39. CEO Mark Zuckerberg smiled as rang the opening bell from Facebook's headquarters in... more »
  • Texas company recalling some sausage products

    March 23, 2012 6:47 AM

    ELGIN, Texas - A Central Texas company has recalled more than a ton of ready-to-eat sausage products due to possible listeria contamination. The U.S. Department of Agriculture says no reports have been received of anyone getting sick from eating items recalled by Southside Market & Barbeque of Elgin, about 20... more »
  • Strong earnings, takeovers send stocks higher

    October 24, 2011 10:56 AM

    NEW YORK - Stocks are rising strongly after a round of corporate takeovers and reports that Europe's bailout fund will be larger than anticipated. Mattel and J.M. Smucker were among companies that rose after announcing acquisitions. Caterpillar jumped 5.5 percent after it raised its profit forecast for the year.... more »
  • Dow soars 423 points on economic news

    August 11, 2011 5:15 PM

    NEW YORK - Stocks are rising at the close of trading after investors latched onto some small signs that the economy might not be headed into another recession. Fewer Americans joined the unemployment line last week, and a technology bellwether said revenue could grow faster this quarter than analysts... more »
  • Stocks plunge on fears of global economic slowdown

    August 4, 2011 3:45 PM

    NEW YORK - The news just keeps getting worse on Wall Street, where the Dow industrials have finished the day more than 500 points lower. The steep selloff followed the latest sign of weakness in the U.S. economy -- a report that the number of first-time claims for unemployment... more »
  • 2011 gains are gone as selloff continues

    August 4, 2011 11:25 AM

    NEW YORK - Stocks are plunging in another broad sell-off as investors grow concerned about an economic slowdown in the U.S. and Europe. The Dow Jones industrial average dove more than 350 points, erasing its gains for the year. The latest sign of weakness in the U.S. economy... more »
  • Counterfeit goods seized at La. flea market

    December 15, 2010 11:24 AM

    NEW ORLEANS - More than $250,000 worth of counterfeit goods was seized at a New Orleans flea market by federal and Louisiana agents. A Wednesday news release said agents working with U.S. Immigration and Customs Enforcement's Homeland Security Investigations, U.S. Customs and Border Protection and Louisiana State Police raided the... more »
  • Previously occupied home sales fall to 15-year low

    August 24, 2010 10:34 AM

    Sales of previously occupied homes fell to the lowest level in 15 years last month as the economy weakened. The National Association of Realtors says July's sales fell by more than 27 percent to a seasonally adjusted annual rate of 3.83 million. It was the largest monthly drop on records... more »
  • Two-day hearing to decide fate of diabetes pill

    July 13, 2010 7:18 AM

    Hearings begin today on whether the drug Avandia should stay on the market. FDA scientists have blasted a study by drug maker GlaxoSmithKline used to defend the safety of the once high-riding diabetes drug, which fell out of favor because of potential ties to heart attacks. In fact, one FDA... more »
  • LSU AgCenter joins produce promotion website

    June 30, 2010 5:55 AM

    The LSU AgCenter has a new way for farmers and people in the food business to market products. Louisiana's Market Maker website is taking registrations now, and should be searchable by Aug. 15. Sellers get free accounts. Businesses must be agriculture-related - for instance, agritourism would qualify. Buyers don't need... more »
  • Shrimp certification program created

    June 8, 2010 5:49 AM

    A program to market and certify Louisiana's wild-caught shrimp will be created and funded by two bills that have received final legislative passage. The branding campaign is designed to help the state's ailing shrimp industry, which has complained about foreign shrimp flooding the market. The bills backed by Gov. Bobby... more »
  • Treasury says it will begin selling Citi shares

    March 29, 2010 8:53 AM

    The Treasury Department says it will sell its entire stake in Citigroup acquired during bailout. The government received 7.7 billion shares of Citigroup Inc. in exchange for $25 billion it gave the bank during the 2008 credit crisis. It will sell the shares over the course of this year, depending... more »
  • LSU AgCenter starts a crawfish blog

    March 2, 2010 5:19 AM

    There's a new website to help you if you're planning a crawfish boil and want to know about the crop of mudbugs in your area. The blog by the LSU AgCenter gives weekly updates on the crawfish market, including the impacts of the weather on the catches. The blog will... more »

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