From: RTTNews.com on Tue, Apr 19 2011 11:32 AM

Stocks are clawing back from yesterday’s sell-off. New home construction jumped 7.2% in March. Meanwhile, building permits surged a greater than expected 11.2%. The earnings parade continues! Both Goldman Sachs and Johnson & Johnson beat the street with their reports. However, Texas Ins...

From: RTTNews.com on Mon, Apr 18 2011 3:10 PM

We’re seeing triple digit losses on Wall Street Monday. Citigroup narrowly beat the street, despite a drop in profit from a year ago. In other financial earnings, Keycorp swung to a profit in the first quarter, from a loss a year ago. Eli Lilly posted a 15% drop in first quarter net in...

From: RTTNews.com on Fri, Apr 15 2011 5:07 PM

Wall Street closed the week in the green. Consumer confidence climbed this month, as worries about rising oil prices receded. However, consumers had to pay about half a percent more for goods in March, mainly due to the higher gas prices. Industrial output climbed a solid 0.8%. In earnings, both...

From: RTTNews.com on Fri, Apr 15 2011 1:53 PM

The majors are mixed at the start Friday as investors take in some mixed earnings reports. Consumer prices rose half of a percent last month, driven by a jump in energy prices. In other economic news, New York state manufacturing unexpectedly ramped up in April. Google and Bank of America missed...

From: RTTNews.com on Fri, Apr 15 2011 1:53 PM

ABC has cancelled long-running daytime staples “One Life To Live” and “All My Children.” Catherine Zeta-Jones has checked herself into a mental health facility for treatment of bipolar disorder. Sally Field will portray Mary Todd Lincoln in Steven Spielberg’s much anticipated biopic of the 16th P...

From: RTTNews.com on Fri, Apr 15 2011 1:53 PM

Traders are holding on to an upbeat manufacturing report to give them confidence midday. Consumers shrugged off higher gas prices earlier this month, believing costs are nearing their peak. In February, the high gas costs pushed consumer prices up half of a percent. Inflation worries are also he...

From: RTTNews.com on Thu, Apr 14 2011 10:14 PM

The market ended mixed today, with the Dow and S&P pulling out of the red just in time for the close. Unemployment lines unexpectedly increased last week, according to the Labor Department. Separately, producer prices climbed in March, giving investors more reasons to worry about inflation. Best...

From: RTTNews.com on Thu, Apr 14 2011 10:14 PM

The head of the FAA’s air traffic control division resigned Thursday following incidents where controllers were found to have been sleeping on the job. On Capitol Hill, Congress was poised to vote on the half-year budget deal negotiated last week, while in Berlin, NATO officials struggled for so...

From: RTTNews.com on Thu, Apr 14 2011 1:51 PM

Michael Douglas is headed to court to face off against ex-wife Diandra Douglas. Kobe Bryant has been fined by the NBA for making anti-gay remarks toward a referee during Tuesday night’s Lakers game. Sean William Scott is out of rehab. In other entertainment headlines, Kim Kardashian has revealed...

From: RTTNews.com on Thu, Apr 14 2011 1:51 PM

Inflation pressures continued to grow in March. Jobless claims climbed back above 400,000 for the first time in 5 weeks, in an unexpected jump last week. In other economic news, foreclosure filings dropped 35% percent from a year ago in March, according to RealtyTrac. Meanwhile, Ford has recalle...

From: RTTNews.com on Wed, Apr 13 2011 3:02 PM

Stocks are climbing back Wednesday morning from yesterday’s sell-off. Retail sales continued to tick higher in March, according to the latest data from Commerce Department. Demand for U.S. mortgage applications continued to fall last week. JP Morgan posted a 67% jump in earnings despite a drop i...

From: RTTNews.com on Wed, Apr 13 2011 3:02 PM

The market is looking for direction midday. Businesses filled up their stockpiled less than economists were expecting in February. Separately, retail sales rose a modest 4 tenths of a percent in March. JP Morgan Chase said its profit rose 67 percent in the first quarter. French electric company ...

From: RTTNews.com on Tue, Apr 12 2011 7:09 PM

The stock market was already in the red when the trading bell rang this morning. Traders are getting their first chance to respond to Alcoa’s quarterly results. The U.S. trade deficit narrowed in February. Import prices posted their highest increase in 1 ½ years, driven by the jump i...

From: RTTNews.com on Tue, Apr 12 2011 7:09 PM

Japan has raised its nuclear crisis level to one of the highest levels on the charts. Details have started to emerge from the 2011 spending plan. Meanwhile, a bipartisan “Gang of Six” believe they have the answer to reducing the nation’s deficit. Mitt Romney announced he is setting up a presiden...

From: RTTNews.com on Tue, Apr 12 2011 5:05 AM

New York Federal Reserve Bank President William Dudley will deliver a speech in Hong Kong at 4:15 a.m. ET. Fastenal is on the earnings calendar before the bell. Then trade balance data is coming at 8:30 a.m. At the same time, export and import data is expected for the month of March. And Treasur...

From: RTTNews.com on Mon, Apr 11 2011 8:53 PM

The market hit a lot of turbulence today as it waited for the unofficial start of the new quarter. JP Morgan has been accused of not rescuing its clients during the financial crisis. Despite a big fat no from the New York Stock exchange’s board for a buyout, the Nasdaq and intercontinental Excha...

From: RTTNews.com on Mon, Apr 11 2011 1:52 PM

Traders are in a buying mood at the start of the week after a budget crisis was averted. Alcoa unofficially kicks off earnings season after the close of trade. The NYSE Euronext has rejected a takeover bid from the Nasdaq/Intercontinental Exchange. In other merger news, Endo Pharmaceu...

From: RTTNews.com on Mon, Apr 11 2011 1:52 PM

The government is up and running today after lawmakers passed a budget deal at the 11th hour on Friday. One month after a devastating earthquake hit Japan, another one struck this morning. According to government data. 350 suspected terrorists have been stopped from boarding planes in the last 2...

From: RTTNews.com on Fri, Apr 08 2011 11:06 AM

Three jersey shore stars have gotten the greenlight for MTV spinoffs. Snooki and Jenni “Jwoww” Farley will be teaming up for a currently untitled show. Pauly “D” will also be getting his own series. “28 Days Later” director Juan Carlos Fresnadillo has been tapped to helm the remake of the 1994 fi...

From: RTTNews.com on Fri, Apr 08 2011 11:06 AM

Last night’s third White House meeting over the budget ended in another stalemate. Democrats maintain they’ve already compromised enough, while Republicans say the cuts need to go deeper. The shutdown is set for midnight tonight. It will affect national parks, military checks, congressi...