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  • Markets Right Now: Global stocks plunge after British vote

    June 24, 2016 6:03 PM

    NEW YORK - Global stocks and the pound plunged after Britons voted to leave the European Union. The Dow Jones industrial average dropped 611 points, or 3.4 percent, to 17,399 in heavy trading Friday. The Standard & Poor's 500 index fell 75 points, or 3.6 percent, to 2,037. The Nasdaq... more »
  • Walmart, Zachary residents could be headed for another battle Play Video

    June 15, 2016 11:30 PM

    BATON ROUGE - Walmart could have another fight on their hands with residents of Zachary. Just outside of the Live Oak Trace subdivision is a plot of land that has been center of debate in the past. In 2015, Walmart wanted to build a neighborhood market there, but the... more »
  • Financial markets are calmer, but world economy faces risks

    April 16, 2016 3:25 PM

    WASHINGTON - The world economy is still sluggish. But at least markets are calmer and China's economic problems look more manageable than they did the last time the world's top finance officials met back in February. Finance ministers and central bankers from the Group of 20 major economies emerged from... more »
  • Iran to boost oil output by 500,000 barrels

    January 18, 2016 1:12 PM

    TEHRAN, Iran - Iran plans to increase oil production by 500,000 barrels per day now that sanctions have been lifted under a landmark nuclear deal with world powers. Deputy Oil Minister Roknoddin Javadi says Iran is determined to retake its market share, which plunged after the crippling sanctions were imposed... more »
  • Stocks sink on first day of 2016 on China, Mideast worries

    January 4, 2016 10:40 AM

    NEW YORK - It was a gloomy start to the new year on Wall Street as stocks sank as part of a global sell-off. Investors worried about new signs of a slowdown in China and a flare-up in tensions between Saudi Arabia and Iran. That sent the price of oil... more »
  • US pending home sales edge up in October

    November 30, 2015 11:38 AM

    WASHINGTON - Slightly more Americans signed contracts to buy homes in October, in a modest rebound that suggests the real estate market has crested. The National Association of Realtors says its seasonally adjusted pending home sales index rose 0.2 percent to 107.7 last month. The index has increased 3.9 percent... more »
  • Baton Rouge-area home sales up 8.8 percent in October

    November 25, 2015 9:09 AM

    BATON ROUGE- Thanks to strong activity in East Baton Rouge and Livingston parishes, the number of houses sold in metro Baton Rouge rose 8.8 percent in October from a year ago. There were 766 homes sold in October in the nine-parish area. That's according to figures released Tuesday by the... more »
  • Louisiana payroll numbers shrink, flashing recession warning

    November 21, 2015 3:01 PM

    BATON ROUGE - Louisiana's labor market slipped in October, as the unemployment rate rose and payroll employment fell. Payrolls fell 6,000 from September. Crucially, payrolls also dipped below last October's level, a warning that the state's economy may be shrinking. A separate survey shows the jobless rate rose to 6.2... more »
  • Home sales continue to rise in Baton Rouge area

    September 29, 2015 10:25 AM

    BATON ROUGE- The number of houses sold in metro Baton Rouge rose 5.7 percent in August from a year ago despite a drop in activity in Livingston Parish. In figures released Monday by the Greater Baton Rouge Association of Realtors' Multiple Listing Service, there were 914 homes sold in August... more »
  • US stocks fall sharply on China growth worries

    September 28, 2015 4:56 PM

    NEW YORK - The stock market had its worst drop in nearly a month as investors worried about more signs of weakness in China's economy. The Dow Jones industrial average dropped 312 points, or 1.9 percent, to 16,001 Monday. The Standard & Poor's 500 index sank 49 points, or 2.6... more »
  • US stocks reverse in final hour; Dow falls 205 points

    August 25, 2015 4:16 PM

    NEW YORK - U.S. stocks are closing lower Tuesday after falling sharply in the final hour of trading. Stocks surged early in the day, rebounding from a big sell-off on Monday after the Chinese central bank said it was cutting interest rates to shore up its economy. However,... more »
  • US stocks expected to open higher Tuesday

    August 25, 2015 9:23 AM

    BEIJING (AP) - Global markets are rebounding this morning, after China's central bank cut its key interest rate. It's a move aimed at supporting growth in the world's second-biggest economy. And it came after a 7.6 percent drop in the Shanghai stock index today. The index plummeted 8.5... more »
  • Dow plummets 1,000 points after opening bell, suffers worst day in four years

    August 24, 2015 4:52 PM

    NEW YORK – The Dow closed down nearly 600 points, about 3.58 percent, at the closing bell Monday, its worst day in four years. The Dow Jones industrial average fell more than 1,000 points in early trading but recovered some losses during the late morning. By 3 p.m., the... more »
  • US stocks slump; Dow briefly plunges 1,000 points

    August 24, 2015 9:47 AM

    NEW YORK - U.S. stocks are closing sharply lower, with the Dow Jones industrial average down more than 588 points and the Standard & Poor's 500 index now down more than 10 percent off its recent high. The slump is part of a global wave of selling triggered by increased... more »
  • Life in Louisiana after graduation Play Video

    May 14, 2015 9:38 AM

    BATON ROUGE- Graduation season is coming to the close, and thousands of graduates are starting the job search. Louisiana has one of the fastest growing job markets in the country, and it's expected to sustain that growth for at least the next eight years. The career field is looking... more »
  • Home sales booming in Baton Rouge

    May 3, 2015 6:53 PM

    BATON ROUGE - It's a buyer's market in the Greater Baton Rouge area. Experts say lower interest rates and the time of the year are reasons for the boost in home sales. "Baton Rouge is a family town. Moms are the ones that make the decision on moving,... more »
  • Baton Rouge-area home sales up in March

    May 1, 2015 7:13 AM

    BATON ROUGE- The number of houses sold in metro Baton Rouge jumped 14.7 percent in March when compared with figures from the year before. There were 755 homes sold in March in the nine-parish area, according to figures released Thursday by the Greater Baton Rouge Association of Realtors' Multiple Listing... more »
  • Coca-Cola bottler expands to take over Louisiana markets

    April 23, 2015 3:38 PM

    BATON ROUGE- Coca-Cola Bottling Co. United Inc. is expanding its territory in the Southeast. United will have markets in a major portion of Louisiana, including Alexandria, Monroe, New Iberia, and Shreveport. The company's territory rights also were extended to Natchez, Mississippi; Tallahassee, Florida; and Valdosta, Georgia; through a letter of... more »
  • Oil group CEO: Amid price drop, US set to be global leader

    January 6, 2015 4:20 PM

    WASHINGTON - The CEO of the oil and gas industry's top lobbying arm says plunging oil prices may hurt American companies in the short run. But American Petroleum Institute CEO Jack Gerard says increased U.S. production and dropping oil prices also mean the U.S. is on its way to being... more »
  • Get Christmas shopping done early at Mistletoe Market Play Video

    November 13, 2014 7:31 AM

    BATON ROUGE - Temperatures are dropping, Christmas trees are going up and it's time to start thinking about the loved ones on your list. You can start Christmas shopping and support a good cause this weekend at the Mistletoe Market. Half of all proceeds from this year's event go... more »
  • 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 »

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