NEW YORK (AP) — Stock prices continue to churn, amid mixed economic data and concern about the looming "fiscal cliff." The key averages were mixed early in today's Wall Street session.
WASHINGTON (AP) — A purchasing managers' trade group says the nation's service companies grew at a slightly faster pace in November because sales and new orders rose. The group's index rose to 54.7, up from 54.2 in the previous month.
NEW YORK (AP) — Citigroup says it will cut 11,000 jobs, with new CEO Michael Corbat in control. The cuts amount to about 4 percent of Citi's workforce of 262,000. There's no word on how many of the jobs are in the U.S.
WASHINGTON (AP) — A private survey from payroll processor ADP indicates that U.S. businesses added fewer workers in November. Superstorm Sandy shut down factories, retail stores, and other companies.
WASHINGTON (AP) — Orders to U.S. factories rose modestly in October, fueled by rising demand for equipment that reflects business investment plans. The Commerce Department says factory orders edged up 0.8 percent.