×

Local Business

Replacing retirement anxiety with security

The greatest financial danger in retirement isn’t always the stock market. It’s the constant, nagging fear of running out of money. This anxiety causes many people to underspend and worry, even when their finances are sound. Here are eight ways to replace that worry with lasting ...

US stocks fall to close week; gold, metal prices plunging

NEW YORK — Financial markets churned on Friday as investors tried to figure out what President Donald Trump’s new nominee to lead the Federal Reserve will mean for interest rates. U.S. stocks fell, with the S&P 500 down 0.4% after sinking as much as 1.1% earlier in the day. The Dow ...

Trump’s unlikely Fed choice could reshape top central bank

WASHINGTON — President Donald Trump’s nomination of Kevin Warsh to chair the Federal Reserve could bring about sweeping changes at a central bank that dominates the global economy and markets like no other. Warsh, if approved by the Senate, will be under close scrutiny from financial ...

Venezuela’s acting leader signs oil industry revamp

CARACAS, Venezuela — Venezuela’s acting President Delcy Rodriguez on Thursday signed a law that will open the nation’s oil sector to privatization, reversing a tenet of the self-proclaimed socialist movement that has ruled the country for more than two decades. Lawmakers in the ...

Street ends day where it started

NEW YORK — A day of dramatic swings on Wall Street, including Microsoft’s worst drop in years and a sudden reversal for the price of gold, finished with only relatively modest moves on Thursday. The S&P 500 slipped 0.1% after flirting with its record high in the morning and dropping by ...

Briefcase: Norfolk Southern declares dividend

ATLANTA Norfolk Southern Corp. announced a quarterly dividend of $1.35 per share on its common stock. The dividend is payable Feb. 20 to shareholders of record on Feb. 6. The company has paid a dividend on its common stock for 174 consecutive quarters since its formation in ...