U.S. stocks fluctuated after the Standard & Poor's 500 Index rose the most in a year yesterday, companies reported better-than-estimated results and data showed inflation remains tame.
(Reuters) - Boeing Co (BA.N) reported an 18 percent increase in quarterly profit and raised its full-year core earnings forecast for the third time, reflecting booming commercial aircraft demand and increasing profitability in its defense business.
Mortgage applications in the U.S. soared last week as a plunge in borrowing costs led to biggest gain in home refinancing since January 2012.
Social Security checks will rise by 1.7% -- which translates into $22 more each month for the average retired worker. In 2015, the average worker will receive $1,328 a month, or $15,936 a year, according to the Social Security Administration.
Expectations that UK interest rates will not rise in the near future have been boosted by a dovish set of Bank of England Monetary Policy Committee minutes showing the majority of members are far from convinced by the case for an early increase.