After wandering higher for the past two weeks, mortgage rates reversed course, pulling back to near yearly lows. The retreat began last week after the Federal Reserve met and expressed concerns about the economy.
Janet Yellen with the former Fed chairs Ben Bernanke, center, and Paul Volcker. Donald Trump said he would most likely replace her as Fed chairwoman if he became president.
The nation's largest retailer said in a blog post this week that it's bringing back door greeters to a majority of its 5,000 stores by mid-summer to improve customer service.
SAN FRANCISCO - Tesla stock dropped 5% Thursday as investors expressed skepticism over CEO Elon Musk's plan to accelerate and ramp up deliveries of its electric vehicles, with the downdraft likely exacerbated by short sellers.
One analyst called Merck & Co.'s new product sales for the first quarter “uninspiring.” The same could be said of the entire Q1 report, with every gain for one product counterbalanced by losses for another.