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Last Updated Apr 17, 2015 05:27PM

New York • Wall Street and Main Street gave banks a boost last quarter. Fees from corporate mergers and commissions from trading fueled profits at big financial firms. But average Americans also help...

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  • Weekly recalls: Bikes, blowers, mattresses, toys
    A line of bike hooks that can unexpectedly detach from their mounting are among this week’s recalled consumer products. Other recalls include mattress...
    Updated Apr 17 2015 05:24 pm   |     |   Share
  • Mattel and American Express move markets
    New York • Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE • American Expres...
    Updated Apr 17 2015 05:09 pm   |     |   Share
  • FILE-This Oct. 29, 2014 file photo shows the Wall Street subway stop on Broadway, in New York's Financial District.  U.S. stocks are falling broadly in early trading on Friday, April 17, 2015,  following steep declines in Europe and some results from big U.S. companies. Nine of the 10 industry groups of the Standard and Poor’s 500 are down, led by information technology companies.  (AP Photo/Richard Drew) Greek ‘day of reckoning’ shakes stock markets
    New York • Fear that Greece could default on its debt and abandon the euro rattled global financial markets Friday. News that negotiations between Gre...
    Updated Apr 17 2015 05:09 pm   |     |   Share
  • China: New bank good for world finance system
    Washington • China’s proposed infrastructure bank for Asia is intended to complement, not replace, existing lenders dominated by the U.S. and Japan, a...
    Updated Apr 17 2015 05:06 pm   |     |   Share


MORE MONEY STORIES
  • FILE - In this Nov. 16, 2009 file photo, chickens stand in their cages at a farm near Stuart, Iowa. Discovery of the bird flu on an Iowa turkey farm has raised serious concerns that the bird killer could find its way into chicken barns in the nation’s top egg-producing state and rapidly decimate the flocks that provide the U.S. with its breakfast staple. (AP Photo/Charlie Neibergall, File) Iowa aims to keep bird flu out of its farms
    Des Moines, Iowa • The discovery of bird flu on an Iowa turkey farm has raised serious concerns that the poultry-killing virus could find its way into...
    Updated Apr 17 2015 05:03 pm   |     |   Share
  • FILE- In this March 23, 2012 file photo, elver fisherman Bruce Steeves checks his dip net while fishing by lantern light on a river in southern Maine. The 2015 season for the baby eels, which began March 22, is off to a slow start and pushing prices to more than $1,800 per pound, as they were in 2012 and 2013, state regulators and fishermen say. (AP Photo/Robert F. Bukaty, File) Slow start means high price for baby eels
    Portland, Maine • Maine’s baby eel season is off to a slow start, causing prices to balloon back to historic levels as fishermen wait for waterways to...
    Updated Apr 17 2015 05:00 pm   |     |   Share
  • Spaniard slams Greece, says time ‘running out’
    Washington • Spain’s Economy Minister Luis de Guindos is criticizing Greece’s left-wing government for its “not very coherent” approach to negotiation...
    Updated Apr 17 2015 04:57 pm   |     |   Share
  • In this photo taken Jan. 14, 2011, a General Electric light bulb glows as it is turned off in Buffalo, N.Y. General Electric Co. (GE) on Friday April 17, 2015 reported a first-quarter loss of $13.57 billion, after reporting a profit in the same period a year earlier. (AP Photo/David Duprey, File) GE posts $13.6 billion loss on finance unit sale
    New York • The industrial heart of General Electric, the company’s new focus, posted lower revenue and earnings in the first quarter amid an enormous ...
    Updated Apr 17 2015 04:39 pm   |     |   Share
  • Wyly targeted by SEC over Colorado ranch sale
    Bankrupt ex-billionaire Samuel Wyly was accused by regulators of hiding the ownership of a luxury Colorado ranch in a possible bid to avoid paying cre...
    Updated Apr 17 2015 04:36 pm   |     |   Share
  • Glaxo recalls flu vaccine due to potency problem
    Washington • GlaxoSmithKline is recalling remaining doses of a popular four-in-one flu vaccine because of effectiveness problems. The company alerted ...
    Updated Apr 17 2015 02:21 pm   |     |   Share
  • Initial public offerings set to debut next week
    New York • The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and S...
    Updated Apr 17 2015 02:15 pm   |     |   Share
  • FILE - In this July 6, 2013 file photo, smoke rises from railway cars that were carrying crude oil after derailing in downtown  Lac Megantic, Quebec. An emergency order requiring trains hauling crude oil and other flammable liquids to slow down as they pass through urban areas and a series of other steps to improve the safety were announced Friday by the Department of Transportation. (AP Photo/The Canadian Press, Paul Chiasson, File) Feds issue new safeaty measures for oil trains
    Washington • An emergency order requiring trains hauling crude oil and other flammable liquids to slow down as they pass through urban areas and a ser...
    Updated Apr 17 2015 02:12 pm   |     |   Share
  • President Barack Obama speaks during a joint news conference with Italian Prime Minister Matteo Renzi in the East Room of the White House in Washington, Friday, April 17, 2015. The president hosted the prime minister to discuss issues including Ukraine, Libya and Islamic State militants. (AP Photo/J. David Ake) Obama defends pursuit of sweeping trade pact
    Washington • President Barack Obama on Friday defended his pursuit of a sweeping trade pact as good for American workers in a global economy, dismissi...
    Updated Apr 17 2015 02:09 pm   |     |   Share
  • Mylan says it has seen no rumored Teva bid
    New York • Generic drugmaker Mylan, citing media speculation that Teva Pharmaceutical may be eyeing it as a takeover target, says it doubts that regul...
    Updated Apr 17 2015 02:06 pm   |     |   Share
  • Global finance leaders see economy strengthening
    Washington • Financial officials from the world’s major economies on Friday welcomed modest improvements in the global economy while side-stepping fea...
    Updated Apr 17 2015 04:54 pm   |     |   Share
  • FILE-This Oct. 29, 2014 file photo shows the Wall Street subway stop on Broadway, in New York's Financial District.  U.S. stocks are falling broadly in early trading on Friday, April 17, 2015,  following steep declines in Europe and some results from big U.S. companies. Nine of the 10 industry groups of the Standard and Poor’s 500 are down, led by information technology companies.  (AP Photo/Richard Drew) Greek ‘day of reckoning’ shakes stock markets
    New York • U.S. stocks are broadly lower in afternoon trading Friday following steep declines in Europe. Investors are worried that Greece may default...
    Updated Apr 17 2015 02:00 pm   |     |   Share
  • Honeywell beats profit estimates as dollar weighs on sales
    BC-HONEYWELL,0452 Honeywell beats profit estimates as dollar weighs on sales ATTN: Financial editors Thomas Black (c) 2015, Bloomberg News DALLAS - Ho...
    Updated Apr 17 2015 11:42 am   |     |   Share
  • Higher prices boost Nestle first-quarter sales
    Zurich • Nestle, the world’s biggest food maker, followed European peers in reporting first-quarter revenue growth that exceeded estimates as price in...
    Updated Apr 17 2015 11:39 am   |     |   Share
  • Five Apple executives were paid $281 million
    New York • Five Apple employees who were paid $281 million last year are among the 100 highest-paid executives in the United States. They’re worth eve...
    Updated Apr 17 2015 11:33 am   |     |   Share
  • Don’t plan to line up for Apple Watch next week
    San Francisco • If you’re planning on buying the new Apple Watch, don’t expect to walk into a store and leave with one next week. Apple, which began a...
    Updated Apr 17 2015 11:30 am   |     |   Share
  • President Barack Obama listens as  Italian Prime Minister Matteo Renzi speaks during their joint news conference in the East Room of the White House in Washington, Friday, April 17, 2015. The president hosted the prime minister to discuss issues including Ukraine, Libya and Islamic State militants. (AP Photo/J. David Ake) Obama: Trade politics hard, but foes help China
    Washington • Conceding that trade is a difficult topic for his Democratic Party, President Barack Obama on Friday defended his efforts to broaden comm...
    Updated Apr 17 2015 11:30 am   |     |   Share