U.S. stock index futures rose on Thursday on optimism about the economy after the government's higher-than-expected revision to growth in gross domestic product for the second quarter. Read more »
U.S. stocks rose Wednesday as surprisingly strong data on durable goods orders soothed some concern about the sluggish economy while Fannie Mae and Freddie Mac led a rally in financial shares. Read more »
Starbucks Corp, which is rolling out new drinks as it restructures its flagging U.S. business, said Tuesday it began selling specialty coffee brewed with its new Clover machines in 10 Seattle coffee shops. Read more »
U.S. stocks pared losses Thursday as resurgent crude oil prices spurred buying into energy shares, including Exxon Mobil Corp, offsetting fears about possible credit losses in the financial sector. Read more »
Oil prices slid Wednesday after the biggest weekly increase in U.S. crude stocks in seven years, while a deteriorating economic outlook in countries outside the United States helped the dollar resume a march toward 2008 peaks. Read more »
Bowing to congressional pressure, the U.S. Navy said it will buy a third DDG-1000 destroyer in fiscal year 2009, as initially planned, instead of canceling the $29 billion program after just two ships. Read more »
Major U.S. airlines will see a 6 percent drop in passengers during the eight-day Labor Day holiday period as high oil prices continue to roil the industry, the airlines' trade organization predicted on Monday. Read more »
U.S. stocks rose in thin tradingThursday after oil prices fell anew, buoying hopes that consumer spending will recover, while financial shares rebounded from a sharp two-day sell-off. Read more »
U.S. stocks fell Wednesday, sending the Dow and the S&P 500 down more than 1 percent, as financial shares sold off on worries about the widening scope of mortgage losses, while disappointing earnings from Deere & Co heightened concerns about the economy's health. Read more »
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