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Matthew Craft

NYSE resumes trading after 3-hour outage

NEW YORK – Trading has resumed on the New York Stock Exchange after an outage of more than three hours caused by technical problems. There was no interruption at the dozens of ot...

U.S. stocks notch worst day of year as Greek crisis escalates

NEW YORK – Stocks are closing with their biggest losses of the year as investors worry about fallout from Greece’s worsening debt crisis. Greece is moving closer to defaulting on...

Elder care costs keep climbing; nursing home bill now $91K

NEW YORK – The steep cost of caring for the elderly continues to climb. The median bill for a year in a nursing home is now $91,250, according to an industry survey out Thursday. ...

How well did the Fed’s stimulus work?

Most economists happy with results

Stocks take a tumble on Fed stimulus worries

NEW YORK – The Federal Reserve guessing game threw the markets for another loop Tuesday. Comments from a Fed official raised expectations that the Fed could start easing off its s...

Stocks gain boost from Fed official

NEW YORK – Reassuring comments from a Federal Reserve official and better earnings from two big retailers helped push the stock market higher Tuesday. Stock indexes wobbled betwee...

IBM pulls stock market out of an early slump

NEW YORK – News that IBM will buy back more stock and raise its dividend helped pull major stock indexes out of a morning slump Tuesday. IBM and other tech stocks led the Standar...