U.S. Stocks Halt Slide Amid Oil Rally
New York — U.S. stocks halted a five-day slide that dragged global equities into a bear market, as oil rebounded with its best day in seven years and bank shares jumped the most since 2011. Treasuries had the biggest drop of the year. The Standard & Poor’s 500 index’s rally trimmed its loss for the week to less than 1 percent amid data showing higher retail sales. Lenders rallied 4 percent after JPMorgan Chase & Co.’s Jamie...
Stocks March Higher
New York (ap) — The stock market closed out its best week of the year Friday as big gains by retailers and technology companies pushed major indexes upward. Stocks faded as Friday wore on, but they still finished higher. The S&P 500 index climbed almost 3.3 percent for the week. By just a hair, that was its biggest weekly gain in 2015. Stocks climbed Monday and Wednesday as the U.S. market didn’t seem to be affected by a string...
The Business of Agriculture: Farmers Market Phenomenon Is Here to Stay
Over the past decade or so, agricultural leaders in both Vermont and New Hampshire have been effusively lauding the expansion in numbers of farms and the increase in volume of commodities moving into market channels within the states. Major drivers in both statistical areas have been the growth in the number of local farmers markets and of farm enterprises adopting the community supported agriculture, or CSA, model for connecting with...
Fantasy Sports Firms Eye Breakout NFL Season
Boston — The daily fantasy sports industry is eyeing a breakout season as NFL games begin. And its two dominant companies, DraftKings and FanDuel, are touting lucrative opening week prizes to try to draw more customers as more competitors pop up. Major tech and media companies, including Yahoo and CBS, are entering the fray, signaling a potential sea change in the still-evolving market. DraftKings CEO Jason Robins says he doesn’t view...
Stocks Have Worst Week Since 2011
A worldwide sell-off pushed U.S. stocks to their worst week since 2011 as spooked investors scattered amid worries of an economic slowdown in China and the potential for higher interest rates at home. The Dow Jones industrial average capped a four-day losing streak by dropping more than 500 points to close at 16,459.75, sinking 10 percent from its May peak and following even steeper market declines in Asia and Europe. The rout will...
