News of the Day

  • S&P 500 flat after ISM data; Staples, Regeneron pop

    U.S. stocks showed little change Tuesday, catching their breath after the S&P 500 closed at a record on Friday.A reading on U.S. factory activity surpassed expectations, boosting sentiment.

  • Ahead of jobs data, U.S. economy still hitting speed bumps

    The U.S. economy is motoring ahead of the rest of the world and generating the best job growth in years, but the ride is still not free of bumps.The latest jolt came from a report last week that showed consumer spending fell in July for the first time in six months

  • A Labor Chart For Labor Day: U.S. Has Gained 9.2 Million Jobs Since Recession's Lowest Point

    Labor Day was created to honor American workers, and this year — despite the Great Recession — there are more of them than ever.Total U.S. employment topped 139 million workers as of August 1, 2014, according to the latest Bureau of Labor Statistics data. (That number is expected to climb again when the Labor Department releases its new jobs report on Friday.)

  • GDP Expanded at 4.2% Rate in Second Quarter

    Corporate profits surged last quarter while the U.S. economy posted robust growth, putting the economic expansion back on steady footing headed into its sixth year.Gross domestic product, the broadest measure of goods and services produced across the economy, grew at a seasonally adjusted annual rate of 4.2% in the second quarter after accounting for inflation, the Commerce Department said.

  • U.S. Consumer Spending Flat in August

    Americans' self-reports of daily spending averaged $94 in August, matching the average for July. Spending last month was also similar to the $95 average in August 2013.

  • Should President Obama Have Said There's No Strategy Yet Against ISIS?

    During a news conference Thursday, Obama’s blunt admission that “we don’t have a strategy yet” landed with a thud — particularly after others in his administration have been ratcheting up calls to eradicate the Islamic State in Iraq and al-Sham, or ISIS, labeling the extremists as a “valueless evil.”

  • 4chan: The ‘shock post’ site that hosted the private Jennifer Lawrence photos

    On Sunday evening, one or many 4chan users dumped what appeared to be a trove of private, nude photographs of numerous celebrities including Jennifer Lawrence and Kate Upton.

  • Film Industry Has Worst Summer Since 1997

    Ticket sales to movie theaters in the U.S. and Canada are expected to sink to about $3.9 billion, a 15 percent decline when compared to summer of 2013, according to box office company Rentrak. In July, box office sales were down 30 percent, the New York Times reports.

  • How The Music Industry Created Its Own Worst Nightmares

    Once a sector committed to the bleeding edge, the recorded music business has gone from an industry adept at incorporating the latest technology into its products to one that’s become its own worst enemy by its refusal to adopt and adapt until its too late. Over the last 30 years, not only has the industry made a series of grim mistakes that has emboldened its competition, in some cases it has even created it.

  • Kanye West goes overtime at Made in America

    West proved he's not only famous enough to lead about 34,000 fans through a hit parade of singles, but also bold enough to do so in jewel-studded facial gear while thrashing around alone onstage -- and to go beyond the 11 p.m. time limit set for Made in America's debut in increasingly densely populated downtown L.A.

  • Painkiller Overdoses Up Considerably in New York City Since 2000

    Overdose deaths involving painkillers are up more than 250% in New York City since the beginning of the century, the city's health department reported in data released today, though the number of drug overdose deaths overall has stayed relatively stable.

  • Another plane diverts over reclining seat dispute

    For the second time this week, a U.S. passenger jet has made an unscheduled landing after a dispute over reclining a seat.An American Airlines flight from Miami to Paris diverted to Boston on Wednesday night after a 60-year-old French passenger erupted when the passenger in front of him reclined her seat, and he grabbed a flight attendant who tried to calm him, the Justice Department said Thursday.

  • Bernard Hopkins' nickname The Alien is apt - the 49-year-old boxer has shown he is an out-of-this-world phenomenon as he prepare

    Critics on both sides of the Atlantic have been getting their hand-wrapping in a twist over Bernard Hopkins, at the grand old age of 49, fighting one of boxing’s hardest and most devastating punchers. Krusher Kovalev is too much of a health risk for the most venerable gentleman of the ring, they cry.

Payne's Pros