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Job Market

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  • Stocks close higher, extending gains into third day

    Stocks close higher, extending gains into third day
    Stocks are higher for a third day in a row after more U.S. companies report solid earnings and on encouraging news about China's economy.
  • Bank of America shares slide after surprise loss

    Bank of America Corp. shares fell after the bank posted a surprise loss driven by $6 billion of costs tied to mortgage disputes. The stock slid 3.2 percent to $15.87 at 10:25 a.m. as investors assessed the latest in a line of legal expenses that have...

    Surging retail sales signal an economy on the upswing

    Surging retail sales signal an economy on the upswing
    Americans rushed out to shop as frigid weather lifted in March, propelling retail sales at the fastest pace in a year and a half. The gauge from the Commerce Department surged 1.1% last month from February in its biggest leap since September 2012. Sales...

    Citigroup earnings beat analyst estimates

    Citigroup earnings beat analyst estimates
    Citigroup Inc. reported an unexpected profit increase and beat analysts' estimates as the company recouped funds previously set aside for bad loans and cut losses at a division holding unwanted assets. First-quarter net income climbed 3.5 percent to $3....

    Stocks close higher on retail sales increase

    Stocks close higher on retail sales increase
    Stocks are closing higher, clawing back some of the ground they lost last week, as investors were encouraged by solid earnings from Citigroup and a pickup in retail sales last month. The government reported earlier Monday that U.S. retail sales...