Saturday, November 16, 2024

ARTICLES BY IEVA M. AUGSTUMS

Stocks rise on more signs of growth; Dow tops 11K

NEW YORK - The stock market closed at a new 18-month high Friday, with the Dow Jones industrial average briefly touching 11,000 before retreating slightly. The gains were driven by fresh signs that the economy continues to recover. Many analysts remain skeptical that the market's gains are sustainable since they …
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 7 MONTHS AGO

AIG narrows 4Q loss, continues restructuring

CHARLOTTE, N.C. - AIG said Friday it lost $8.87 billion in the fourth quarter as its general insurance business remained weak and the company ran up expenses from paying back government loans.
COEUR D'ALENE PRESS | UPDATED 14 YEARS, 8 MONTHS AGO

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