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JC superintendent announces retirement October 1, 2014

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Dow closes at record

The stock market rose Wednesday after the Federal Reserve told investors to expect low interest rates for a while yet, pushing the Dow Jones industrial average to a record high.

US homebuilder confidence soars in September

U.S. homebuilders' confidence in the market for new, single-family homes surged this month to the highest level in nearly nine years.

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US CEOs less optimistic about hiring, spending

Optimism among chief executives at the largest U.S. companies fell in the July-September quarter after reaching a two-year high in the previous quarter.

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Speculation swirls over Fed language on rate hike

When the Federal Reserve issues a policy statement after it meets this week, the financial world will be on high alert for two words: "Considerable time."

Why fund managers are sad you're not on vacation

Most mutual funds are failing to keep up with broad market indexes again. It's a trend that's gone on for years, and the most recent struggles for portfolio managers may be due to their preference for companies that sell coffee, make travel reservations and otherwise focus on non-essentials for consumers.

Senator skips override attempt, wants full tax reform next year

State Sen. Bob Dixon passed on the chance Wednesday to win an override vote on tax law changes he sponsored last spring.

Missouri lawmakers OK farmers market tax break

Products sold at farmers markets will be exempt from sales taxes as a result of a veto override by the Missouri Legislature.

T-Mobile to sell phones that call, text on Wi-Fi

T-Mobile will sell more than 100 smartphone models that tap into Wi-Fi networks to make phone calls and send texts when customers can’t connect to the wireless carrier’s cellular network.

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US airlines improve their on-time performance

At the height of this summer’s travel season, airline flights were more likely to arrive on time and less likely to be canceled than they were last year.

US stocks end higher as Apple shares jump

U.S. stocks broke two days of losses on Wednesday as a jump in Apple shares helped push indexes higher.

For Europe's vast unemployed, hopes remain dim

For the struggling Spanish shopkeeper or the Portuguese restaurant owner, the European Central Bank's latest economic stimulus plans won't likely provide much relief anytime soon.

US services firms expand at fastest pace on record

U.S. services firms expanded in August at the fastest pace on record.

Ruling could cost BP added $18B; stock slumps

A judge’s ruling in the 2010 Gulf of Mexico oil spill case that could cost BP an additional $17.6 billion in fines sent the company’s shares tumbling Thursday.

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Behind Big Macs, a drama over corporate control

The fast-food industry is underpinned by an often tense relationship between companies like McDonald's and Burger King and the franchisees who run their restaurants. Few customers think about this when scarfing down burgers.

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Booming crossover SUV sales trigger car discounts

The seismic shift in American car-buying toward trucks and crossover SUVs is creating great deals on compact and midsize cars.