Not so bad, considering. A month that began with investors blindsided by a global rout in sovereign debt and a selloff in high-flying equities ended with stocks near all-time highs.
First-quarter GDP estimates were cut to minus 0.7%, compared with an initial reading of positive 0.2%. By. EllieIsmailidou. Markets reporter.
Bank of America Corp (BAC.N) agreed with U.S. regulators to improve its compliance practices and pay a fine for violations in lending rules toward military personnel.
A commercial airliner narrowly missed colliding midair with a drone at 2,700 feet as it neared New York's LaGuardia Airport Friday morning, just hours after a string of incidents involving lasers pointed at planes, according to federal officials.
Ed Gilligan, the American Express Co. president viewed as a possible successor to Chief Executive Officer Kenneth I. Chenault, died Friday after becoming ill on an overseas flight to New York.