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.
A greeter waits to welcome customers to a Wal-Mart in Bowling Green, Ohio, in 2006. Wal-Mart had moved its greeters farther inside stores about four years ago but now is returning employees to the entrances and exits.
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.