Iran signals compromise before nuclear talks
Iran offers to scale back uranium enrichment while retaining fuel making capacity as world powers prepare for Istanbul talks. The proposal from nuclear chief Abbasi signals bargaining but falls short of Western demands to halt enrichment and curb weapons material.
MENTIONED IN THIS ARTICLE
Iran
Tehran
White House
Jay Carney
U.N. Security Council
Germany
Mahmoud Ahmadinejad
U.S
Fereidoun Abbasi
Facebook to acquire Instagram for 1 billion dollars
Facebook announced a 1 billion dollar cash and stock purchase of Instagram, the San Francisco based photo sharing app known for retro filters and a user base surpassing 30 million. The acquisition, Facebooks largest to date, aims to bolster its upcoming public offering and is slated to close by the end of June.
MENTIONED IN THIS ARTICLE
Facebook
Instagram
Apple
Job market under scrutiny as March hiring slows
Analysts warn the March drop in payrolls may signal a softer economy. Slower growth, higher gasoline prices, shrinking real wages, and weak labor-force participation raise concerns about sustained job creation despite recent gains. Experts note the long recovery remains incomplete.
MENTIONED IN THIS ARTICLE
Joel Naroff
Naroff Economic Advisors
Heidi Schierholz
Economic Policy Institute
United States
Market Report Mixed as Dow Dips Near Week Start
Monday trading sees the Dow Jones Industrial Average slip 130.55 points to 12,929.59 while the Nasdaq Composite sits at 3,047.08 after a 33 point gain led by tech firms. The S&P 500 falls 15.88 to 1,382.20 as energy and commodity prices move. Oil declines 85 cents to 102.46, gold and silver edge lower, and futures across corn soybeans and wheat show modest monthly corrections.
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Dow Industrials
Nasdac
S&p 500
Treasury
Chicago
Kansas City
New York
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MSV
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