NEW YORK (Reuters) - Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case next week, even after the market posted its worst weekly loss for the year and the S&P fell for six straight sessions. With the corporate earnings season drawing to an end and recent U.S. economic data raising doubts about the pace of growth, the S&P 500, which is down 7.3 percent so far in May, could decline further next week as concerns about the financial health of Europe persist. ...
WASHINGTON (Reuters) - The Republican Party's fundraising arm working to elect its candidates to the U.S. House of Representatives raised $6.9 million in April, slightly more for the month than its Democratic counterpart. The National Republican Congressional Committee figures released on Friday showed that the NRCC ended last month with $31.3 million left in the bank, adding about $4.2 million to the cash on hand in March. Republicans currently have a majority in the House. The Democratic Congressional Campaign Committee raised $6. ...
Hundreds of protesters broke away from a large rally and began marching through Chicago streets Friday, taunting police and shouting about everything from bank bailouts to nuclear power — a prelude to even bigger demonstrations expected after the start of a NATO summit.
Roger Clemens' lawyer jabbed his left index finger and hammered away, relentlessly attacking Brian McNamee over his personal life and accusing the government's chief witness of "making up this stuff on the fly." The attorney finally sprung his trap and pointed out what appeared to be a flaw in the McNamee's story about the collection of evidence that turned up in a beer can.
The possible failure of a dam holding waste from a large-scale mine planned near the headwaters of one of the world's premier salmon fisheries in Alaska could wipe out or degrade rivers and streams in the region for decades, the U.S. Environmental Protection Agency said in a draft watershed assessment released Friday.
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