Financial 411: Weekly Business Roundup

Markets Stocks were mixed Friday. The Dow declined 43 points, ending the week at 12,681. But positive reports from chipmakers pushed the Nasdaq 24 points higher, to 2,859. The S&P 500 gained a single point, settling at 1,345. 

Latest Unemployment Numbers New York State and New York City both saw their June unemployment rates tick up to 8 percent and 8.7 percent, respectively. In the city, the securities industry shed 2,000 jobs last month. Local government took an even bigger hit, losing 2,700 jobs. Re ... Show More

City officials want to attract a major research institution to open a new science and engineering campus in New York City. 

<p>Stocks bouncing back Friday after a very volatile week. The S&P posting its worst week since September as a weak jobs report, Fed comments, and more tariff headlines rock markets. So will the volatility continue? And A take on Tech, as Meta erases nearly all of its record rall ... Show More

<p>Stocks rallied in the immediate aftermath of Friday’s dismal jobs report, with the S&amp;P500 jumping 0.5% to an all-time high of 6,532 when the market opened at 9:30AM. While this gain faded to a loss by the end of the day, the initial surge can only be rationalized in one wa ... Show More

Send us Fan MailDisappointing US jobs report fuels hopes for Congressional stimulus deal. Stocks hit new highs, dollar stabilizes, big week ahead for markets. Sterling suffers amid reports of insufficient Brexit progress. Why has the dollar been ravaged lately? Short answer is in ... Show More