Posted: Aug 10, 2012 4:32 AM
Updated: Aug 10, 2012 4:32 AM
NEW YORK (AP) Stocks have seen quiet trading on Wall Street in recent sessions. In Thursday trading, the Dow fell 10 points to 13,165. The S&P was up a fraction, while the Nasdaq added 7 points. Futures trading suggests a lower open.
BANGKOK (AP) International stock markets tumbled today as investors withdrew from riskier assets after China's trade suffered a steeper-than-expected slowdown. Benchmark crude oil fell below $93 per barrel. The dollar gained against the euro but fell against the yen,
WASHINGTON (AP) The Treasury Department today releases the July federal budget statement, an update on the size of the deficit. Also today, retailer J.C. Penney releases quarterly financial results.
WASHINGTON (AP) The government's consumer lending watchdog is proposing new rules to protect homeowners from unexpected costs and shoddy service by companies that collect their mortgage payments. It wants mortgage servicing companies to provide clear monthly billing statements, warn borrowers before interest rate hikes and help them avoid foreclosure.
WASHINGTON (AP) The Agriculture Department says it is going to impose tougher penalties on stores that violate food stamp rules. The federal government will also give states new tools to root out applicants who are ineligible for the benefit program that now covers about 1 out of every 7 Americans.