U .S. stock indexes struggled to a mixed close Tuesday as energy companies fell with the price of oil, overcoming gains in utilities and phone companies.
WASHINGTON U.S. consumer spending recorded its biggest increase in more than six years in April as households stepped up purchases of automobiles, suggesting an acceleration in economic growth that could persuade the Federal Reserve to raise ...
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U.S. stocks slipped, with the S&P 500 paring a third straight monthly gain, as stronger spending data buttressed the case for higher interest rates as early as this summer.
Staples Inc. Chief Executive Officer Ron Sargent will step down from the job next month, handing the reins to lieutenant Shira Goodman, after his strategy to acquire Office Depot Inc. was blocked earlier this month.