Financial

(New York, NY) -- Stocks closed in negative territory Wednesday after big selloffs at a pair of large U.S. companies. The Dow Jones Industrial Average dropped 153 points to close at 16-461 and the Nasdaq fell 37 points to 43-83. The S&P 500 shed 14 points to finish the...
(Palo Alto, CA) -- The top three cities with the highest median rent in the U.S. are in California's Bay Area. According to the Lovely Rental Market Report, Palo Alto is number one when it comes to the most expensive rent. Renters in Palo Alto are paying a median rent of more...
(Washington, DC) -- Social Security benefits will be going up slightly in January. The Social Security Administration announced a one-point-seven percent increase in monthly benefits today, which will take effect in 2015. That works out to about 20-dollars a month extra for...
(Dearborn, MI) -- Ford Motor Company is cutting the price on the electric version of the Ford Focus again. It is the second price cut for the vehicle in the past two years. The automaker has dropped the sticker price by six-thousand dollars hoping to spur sales. The price cut...
(Detroit, MI) -- More than six million vehicles are now included in a recall because of the possibility of exploding airbags. NHTSA says drivers should act immediately to have defective Takata airbags replaced. Included in the recall are 627-thousand BMW's, 371-thousand Chrysler...
(Undated) -- The nation's Consumer Price Index was up for the month of September, but just barely. The Labor Department reports its CPI was up point-one-percent. Energy prices fell for a third straight month, most notably in gasoline prices. Analysts say the weak inflation...
(Undated) -- Johnson & Johnson is committing 200-million dollars to developing an Ebola vaccine. The drugmaker says the money will help accelerate production of a vaccine program. Johnson is one of several drug companies working or collaborating on an Ebola vaccine.
(Undated) -- American mortgage rates are falling, but they aren't driving new home sales. The latest report from the Mortgage Bankers Association shows the average 30 year fixed mortgage rate fell to four-point-one-zero percent last week. That's the lowest since May, 2013...
(Washington, DC) -- Senator Tom Coburn doesn't think your tax dollars should be used to teach monkeys how to gamble and play video games. That's just one of the many examples of absurd government spending in the Oklahoma Republican's annual "Wastebook." Another entry shows the...