Western Wireless to Sell Unit
The company will sell its Irish business for about $500 million.
Bulls Won't Back Down
The major averages have another good day, led by energy.
Alltel Posts Profit Gain
The telco shows solid growth on the wireless side.
Major averages rise in concert for the first time in 2005, but the afternoon is tough.
Stocks Finish With Moderate Gains
The indices end in the green despite another afternoon fade.
Treasury Yields Jump After Weak $43 Billion 2-Year Auction, Sliding Foreign Demand
The Treasury sold $43 billion in 2-year notes at a high yield of 4.29% - nearly a full percentage point above last month's auction levels.
Economist El-Erian Sees Strong Chance for Recession
But he thinks the Fed must keep raising interest rates to quell inflation. And he expects continued market volatility.
Pound Collapse Puts Dollar Parity, Emergency Bank of England Rate Hikes in Focus
Britain's new government said it will continue focusing on tax cuts and new borrowing to boost growth even as markets push the pound to a record low against the U.S. dollar.
What Happens to Your Credit Card When Interest Rates Rise
With interest rates soaring, credit card consumers may be in for a shock