Stock futures are indicating a lower opening on Wall Street following declines in overseas markets and as the Federal Reserve prepares to begin a two-day meeting on interest-rate policies.
Inch by inch, Americans are recovering some of their vast loss of wealth from the recession, thanks to gains in stock investments and home values.
Stock futures are indicating a higher opening on Wall Street after Abu Dhabi provided a surprise $10 billion bailout to Dubai to help with debt repayments.
Wells Fargo & Co. said Tuesday it will sell stock for $25 per share to help repay $25 billion in government bailout money.
President Barack Obama is asking bank executives to support his efforts to tighten the financial industry, while bankers are prepared to tell the president he should stop oversimplifying their concerns if he wants good-faith collaboration.
Stocks are edging higher after a bailout of the troubled emirate of Dubai helps allay concerns over global credit problems.
Chinese shares rebounded Thursday after the government extended tax cuts and subsidies for purchases of small vehicles and appliances to support the economic recovery.
Morningstar Inc., a provider of investment research, said Friday it has agreed to buy Logical Information Machines Inc. for $51.5 million.
Stocks rose Friday after a report on retail sales indicated consumers are picking up their spending.
European markets followed Asian stocks higher Friday as a big improvement in China's exports pointed to rising global demand.
