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AT&T shares fall on disappointing results

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AT&T Inc set a disappointing profit target after adding fewer wireless subscribers than expected in the fourth quarter, hinting at the troubles it may face once Verizon Wireless starts selling Apple Inc's iPhone.
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US jobless claims surge 51,000 last week

New U.S. claims for unemployment benefits rose more than expected last week as harsh weather conditions in some parts of the country kept workers at home and caused a backlog in the processing
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AT&T revenue, subscribers misses analyst view

AT&T Inc posted revenue that missed Wall Street estimates and its wireless subscriber growth was also slower than expected in its final quarter as the exclusive U.S. provider for the Apple Inc iPhone, sending shares down 3 percent.
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AT&T profit falls, subscriber growth miss analyst view

AT&T Inc posted a quarterly profit slightly ahead of Wall Street expectations but its wireless subscriber growth missed analyst estimates in its final quarter as the exclusive U.S. provider for the Apple Inc iPhone.

Fed cautious on recovery, focused on joblessness

The Federal Reserve showed on Wednesday it was in no rush to cut short its rescue of the U.S. economy, saying high unemployment still justified its $600 billion bond-buying plan even though the economy has
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Snow boosts jobless claims, durable orders mixed

New U.S. claims for jobless benefits surged last week as snowstorms in some parts of the country kept workers at home, but the underlying trend pointed to an only gradual labor market improvement.

US futures edge higher ahead of economic data

Futures on major U.S. stock indices point to a modestly higher opening on Thursday ahead of economic data including durable goods orders and pending home sales as well as slew of earnings reports.
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Stocks give U.S. school endowments a boost in 2010

America's college and university endowment funds recorded an 11.9 percent return last year, aided by big bets on alternative investments like hedge funds but helped even more by traditional stock and bond selections.
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S&P rattles investors with Japan credit cut

The yen fell and investors took a cautious stance on stocks and riskier assets on Thursday after Standard & Poor's cut Japan's credit rating in a forceful reminder of the fragile state of some leading countries' finances.

Obama promises to have 1 mln electric vehicles by 2015

In his State of the Union address, President Barack Obama reiterated his commitment to green technologies by vowing to flood America's highways with plug-in cars and will ask Congress for new programs to support sales and development of electric vehicles.

Lawmakers plan to reintroduce China currency bill

U.S. lawmakers plan to reintroduce China currency legislation that was overwhelmingly approved last year by the House of Representative but failed to become law, congressional aides said on Wednesday.

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