economy
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| Dow | +18.47 |
| 13409.8301 | +0.14% |
| S&P 500 | +2.04 |
| 1461.41 | +0.14% |
| Nasdaq | -1.29 |
| 3099.2727 | -0.04% |
| ST100 | -0.08 |
| 210.05 | 0.00% |
local companies
| UNH | +0.43 |
| 52.42 | +0.83% |
| TGT | +0.26 |
| 60.42 | +0.43% |
| MMM | +0.26 |
| 94.93 | +0.27% |
| USB | +0.36 |
| 32.87 | +1.11% |
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- Last updated 9:23 AM CST
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Fewer US banks failing as industry strengthens
U.S. banks are ending the year with their best profits since 2006 and fewer failures than at any time since the financial crisis struck in 2008. They're helping support an economy slowed by high unemployment, flat pay, sluggish manufacturing and anxious consumers. Updated Dec. 29, 2012
more economy headlines
- Stocks open higher after jobs report shows gain
- US factory orders unchanged in December
- Minnesota Bank Performance: 3rd Quarter 2012
- Stocks inch higher following jobs report
- US futures turn higher on jobs report
- Oil price falls below $92 ahead of US jobs data
- Oil prices fall to near $92 a barrel
- Steady US hiring expected last month despite cliff
- Dollar up on Fed minutes, upcoming budget talks
economy blogseconomy blogs See all blogs
3D Economics
What are the forces moving the Minnesota economy? Adam Belz tries to identify the trends and show the connections between...
Patent Pending
Who will be the next Medtronic? What will be Minnesota's next breakthrough industry? James Walsh will provide the latest information...
Recent Patent Pending posts
- Medtronic renal denervation trial continues to show positive results
- Boston Scientific launches new spinal cord stimulator in Europe
- FDA, local med tech firms launch consortium
- St. Jude gets CE Mark for new ICDs that protect against unnecessary shock
- See all postsSee all posts
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TJX, Hot Topic, Nordstrom are market movers
Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
Full story Full storyUpdated 4:14 PM
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Stocks fade after Fed discloses split on stimulus
A two-day rally in the stock market came to an end Thursday afternoon when an account of the Federal Reserve's last meeting revealed a split between bank officials over how long the Fed should keep buying bonds to support the economy.
Full story Full storyUpdated 3:36 PM
more from economy
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Fed split on stimulus plans nudges stocks lower
Stocks are fading into the close of trading on Wall Street after the Federal Reserve revealed a split among its policymakers over how long to continue an economic stimulus program.
Updated 3:13 PM
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At a glance: Oil falls as budget deal cheers fade
The price of oil fell slightly Thursday as euphoria over a U.S. budget deal cooled and traders focused on bulging crude supplies and lackluster demand.
Updated 2:40 PM
- Stocks pause on Wall Street after a two-day rally
- Retailers report higher December sales
- Stocks sink as Congress heads for another showdown
- Futures off as Congress heads for another showdown
- Oil prices tumble over ample supplies, flat demand
- Dollar rises on last-minute budget deal
- Stocks soar on budget deal, but unresolved questions lurk
- Zipcar, Marriott, Qualcomm are market movers
- Stocks surge after Congress passes budget deal
- At a glance: Oil jumps as US averts 'fiscal cliff'
business features
Employees ranked their workplaces based on leadership, benefits and the company's strategic direction. Is your company a 2012 top workplace?
MN Bank Scorecard: Check out how each community bank in Minnesota did for the past quarter.
more from businessmore from business
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Twin Cities home building coming around
Construction of housing in the Twin Cities area last year almost exactly doubled from 2011. But it remains well below normal.
Updated 9:16 PM
- Hormel bites on Skippy brand
- Holiday sales were ho-ho-hum at Target
- Mosaic earnings up slightly from 2nd quarter a year ago
- Lunda, Schafer win $116M contract for I-35E bridge project
- Fed sees faster job growth for Minnesota
- Barnes & Noble strategy: Time to turn page?
- Bremer Bank to launch mobile services this year
- Macy's to close one Ridgedale mall store
- Polaroid to open cellphone photo shops
- Retailers report higher December sales
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