NEW YORK (AP) — Stocks are edging lower in early afternoon trading on Wall Street Thursday, giving up an early gain and putting the market on track for its third loss in a row. Utilities and consumer stocks fell the most. Energy companies continued to buck the downward trend and notched small gains as the price of crude oil edged higher. Investors are looking ahead to Friday's closely watched jobs report. (full story)
By The Associated Press - AP - Thu May 05, 7:08AM CDT
LONDON (AP) — Global stocks recovered their poise Thursday following an unconvincing start to the month, as investors became cautious ahead of U.S. jobs data that could go a long way to determining whether the Federal Reserve raises interest rates in June. (full story)
The ECB has announced its intention to phase out the 500 Euro note. Killing off specific denominations of a currency is not unusual but it is often the underlying reason for the action that comes as a surprise to consumers.
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