Stocks erased early gains and turned sharply lower Thursday as the Dow Jones industrial average dropped more than 200 points and was heading for its fourth straight day of losses.
The U.S. government is running a deficit that is 23.6 percent lower than in the same period a year ago through the first five months of this budget year, another sign of improvement in the nation's finances.
WASHINGTON (Reuters) - U.S. retail sales rebounded in February and new filings for jobless benefits hit a fresh three-month low last week, suggesting the economy was regaining strength after an abrupt slowdown caused by severe weather.
Dmitry Firtash, the Russia-linked Ukrainian oligarch, was arrested in Austria at the request of the US, a move seen in Kiev as an attempt by Washington to put pressure on Vladimir Putin over Moscow's intervention in Crimea.
WASHINGTON - Three nominees to Federal Reserve's board sailed through a brief confirmation hearing on Thursday, assuring senators of their commitment to strengthen financial regulation and stimulate the economy.