Financial 411

Financial 411

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Financial 411: Weekly Business Roundup

Markets Stocks were mixed Friday. The Dow declined 43 points, ending the week at 12,681. But positive reports from chipmakers pushed the Nasdaq 24 points higher, to 2,859. The S&P 500 gained a single point, settling at 1,345. 

Financial 411: Gauging Reaction to the News Corp. Scandal in New York

Latest Unemployment Numbers New York State and New York City both saw their June unemployment rates tick up to 8 percent and 8.7 percent, respectively. In the city, the securities industry shed 2,000 jobs last month. Local government took an even bigger hit, losing 2,700 jobs. Re ...  Show more

Financial 411: Drawing Tech Companies to NYC

City officials want to attract a major research institution to open a new science and engineering campus in New York City. 

Financial 411: Weekly Business Roundup

News Corporation's phone-hacking scandal continues to grow. Dow Jones CEO Les Hinton has announced he's resigning. He was chairman of News International, overseeing the British newspapers that are at the heart of the scandal. 

Financial 411: Has London's Phone-Hacking Scandal Jumped Across the Pond?

The scandal may have just jumped the pond. The FBI has opened an investigation into allegations that Rupert Murdoch's News Corp. tried to hack the phones of September 11, 2001, victims. The company told WNYC it has no comment.