Federal

Tobacco companies to settle smoking lawsuits for $100 million

NEW YORK (Reuters) - Three major U.S. tobacco companies - R.J

Dollar, bond yields rise on robust U.S. jobs data

NEW YORK (Reuters) - The dollar and U.S. government debt yields jumped on Friday as a strong U.S. labor market report raised expectations that the Federal Reserve will increase interest rates by midyear

Wall Street gains on GDP data; indexes post strong week

NEW YORK (Reuters) - U.S. stocks rose on Friday, capping the best week for major indexes in months as unexpectedly strong data on economic growth increased confidence that the recovery was accelerating. Gross domestic product grew at an annual rate of 4.1 percent in the third quarter, the fastest pace in almost two years, and exceeding the 3.6 percent pace reported earlier this month.

US stocks rise after Fed says it will taper bond buying

US stocks rose on Wednesday after the Federal Reserve announced it would begin scaling back its stimulus by $10 billion a month to $75 billion in bond purchases.

Wall St rally rolls into 5th day; banks and tech lead

NEW YORK (Reuters) - U.S. stocks rose on Wednesday, bolstered by the financial and technology sectors, and were set to scale fresh highs as a rally kept going for a fifth consecutive session. The S&P 500 financial sector index rose 0.6 percent, with JPMorgan Chase & Co ( JPM.N ) up 1.4 percent at $49.83.