NEW YORK - Oil prices shot up $6 a barrel Thursday, rising to the highest level in over two weeks as escalating tensions with Russia stoked fears of a disruption of energy shipments to Western countries.
WASHINGTON - The government says the number of newly laid-off workers seeking unemployment benefits fell more than expected last week, the second straight weekly drop from a six-year high.
NEW YORK (Reuters) - Lehman Brothers shares fell 4.3 percent on Thursday after a newspaper reported the bank had tried to sell a stake of itself to South Korean or Chinese parties and failed, and a Citigroup analyst reduced his estimates for the sector.
NEW YORK (Reuters) - Shares of Fannie Mae and Freddie Mac slid at the open on Thursday, on mounting fears that the two mortgage finance companies may need a government bailout, which would wipe out shareholder value.
PORTLAND, Ore. - Most states don't recognize gay marriage but now Hallmark does.
NEW YORK - A private business group's measure of the economy's health showed the largest drop in one year as stocks fell, new building permits declined and unemployment rose.
NEW YORK (Reuters) - Oil prices rose 5 percent on Thursday, the biggest gain in more than two months, amid rising global tensions and a weak U.S. dollar.
INDIANAPOLIS - A fast-growing vine that's left parts of Indiana beneath tangles of greenery is coming under assault as the state ramps up its efforts to kill the leafy invader.
NEW YORK - Stocks resumed their pullback Thursday as a surge in oil prices fanned inflation concerns and as investors grew more anxious about the financial sector.
NEW YORK (Reuters) - A buying spree in the popular American Eagle bullion coins appears to have depleted inventory of major North American coin dealers, contributing to supply fears and sharply higher gold prices on Thursday.
(Corrects spelling of Seinfeld throughout)
(Reuters) - Jerry Seinfeld will be one of the key celebrity pitchmen in Microsoft Corp's $300 million advertising campaign aimed at changing its image, the Wall Street Journal said on Thursday, citing people close to the situation.
RICHMOND, Va. - Two-year community colleges are seeing record enrollment as families squeezed by tough economic times steer high school graduates away from more expensive four-year universities.
EAST LONGMEADOW, Mass. - Bye bye, Boardwalk. The Quebec metropolis of Montreal snagged the most expensive spot on a new global version of Monopoly, unseating the Atlantic City fixture as the board game's most prestigious property.
WASHINGTON - Shares of troubled mortgage finance companies Fannie Mae and Freddie Mac stabilized Thursday in late morning trading, reversing three days of double-digit declines.
TOKYO - Japan's trade surplus in July fell 86.6 percent from a year earlier as spending on imports grew because of higher prices for oil and other commodities, the government said Thursday.
PORTLAND, Ore. - Barnes & Noble Inc., the nation's largest bookseller, posted a 15 percent drop in second-quarter profit Thursday as it struggles with sluggish consumer spending.
WASHINGTON - Construction of homes and apartments fell in July to the lowest level in more than 17 years, the government reported Tuesday.