Daily Intel

US consumer sentiment index reaches 7-year high
U.S. consumers expect better economic growth and rising incomes in the coming months, pushing a measure of confidence to a seven-year high in October.
Oct 31, 2014 | 5:31 PM
US stocks open higher, following gains in Asia
Markets rose sharply in Asia after the Bank of Japan unexpectedly announced new stimulus measures to boost the country's flagging economy. Tokyo's benchmark Nikkei index jumped 5 percent.
Oct 31, 2014 | 5:31 PM
Over-wing escape slide tumbles from Boeing 757-300
An over-wing emergency slide fell from a Thomas Cook Group plane over Belgium shortly after the jet had departed London’s Gatwick airport bound for Egypt.
Oct 31, 2014 | 3:31 PM
Hungary suspends Internet tax after huge protests
A scheme to make Internet service providers pay 150 forints ($0.62) per gigabyte of Internet traffic, later proposed to be capped at different monthly rates for individual and business users, prompted tens of thousands of people to make their...
Oct 31, 2014 | 3:31 PM
Exxon posts surprise profit jump on refining
IRVING, Texas (AP) — ExxonMobil Corp. profits rose 3 percent in the third quarter as strong refining performance offset lower revenues from falling oil prices and production. [...] profit at the company's refining operations, which makes chemicals...
Oct 31, 2014 | 3:31 PM
US consumer spending down 0.2 percent in September, first slip in 8 months while income slows
WASHINGTON (AP) — US consumer spending down 0.2 percent in September, first slip in 8 months while income slows.
Oct 31, 2014 | 3:31 PM
AbbVie hikes forecast, tops Street expectations
Shares of the North Chicago, Illinois, company started climbing before markets opened and after it announced results. AbbVie Inc. also reported on Friday adjusted earnings of 89 cents per share in the third quarter. AbbVie said earlier this month...
Oct 31, 2014 | 3:31 PM
Pirate Bay founder jailed for hacking Danish data
COPENHAGEN, Denmark (AP) — A Danish court on Friday sentenced the Swedish founder of file-sharing site The Pirate Bay to 3½ years in prison after he was found guilty of hacking into a private company handling sensitive information for Danish...
Oct 31, 2014 | 3:31 PM
Vote: Was the Fed's QE successful? | Jon Talton
My answer is yes, but with many caveats.
Oct 31, 2014 | 2:31 PM