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Traders work on the floor of the New York Stock Exchange.  (AP Photo/Richard Drew, File)
Traders work on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File)
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Stocks Edge Up Amid Earnings, Economy Data

Stocks edged higher on Thursday as investors assessed the latest round of company earnings, a survey on manufacturing and news on the U.S. job market. Satellite TV company Dish gained on reports that AT&T had approached the company about a merger.

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Federal Reserve Chair Janet Yellen. The Fed will keep all options open in deciding when to raise interest rates from record lows. (AP Photo/Paul Beaty, File)
Federal Reserve Chair Janet Yellen. The Fed will keep all options open in deciding when to raise interest rates from record lows. (AP Photo/Paul Beaty, File)
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Upbeat Fed Cuts Monthly Bond Purchases

The Federal Reserve struck an encouraging note Wednesday: It will further cut its bond purchases because the U.S. job market needs less help. And it said the economy had strengthened after all but stalling during a harsh winter.

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Recruiter Valera Kulow, left, speaks with job seeker Monic Spencer during a career fair in Dallas. Payroll processor ADP reports on job growth at U.S. companies in April on Wednesday, April 30, 2014. (AP Photo/LM Otero, File)
Recruiter Valera Kulow, left, speaks with job seeker Monic Spencer during a career fair in Dallas. Payroll processor ADP reports on job growth at U.S. companies in April on Wednesday, April 30, 2014. (AP Photo/LM Otero, File)
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ADP: Businesses Added 220K Jobs in April

U.S. businesses boosted hiring in April, according to a private survey, a sign the economy may improve after a sluggish start this year.

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The Amsterdam-bound Fortunagracht is loaded at the Port of Cleveland. The Commerce Department releases first-quarter gross domestic product on Wednesday, April 30, 2014.  (AP Photo/Tony Dejak)
The Amsterdam-bound Fortunagracht is loaded at the Port of Cleveland. The Commerce Department releases first-quarter gross domestic product on Wednesday, April 30, 2014. (AP Photo/Tony Dejak)
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Economy Expected to Show Improvement

The economy likely stumbled at the start of this year, but there's probably little reason to worry: Economists foresee a solid rebound with the end of a harsh winter.

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Tulips bloom in front of the Capitol in Washington. Congress gets back to work Monday, April 28, after a two-week vacation, and it’s looking like lawmakers will do what they do best: the bare minimum. (AP Photo/J. David Ake)
Tulips bloom in front of the Capitol in Washington. Congress gets back to work Monday, April 28, after a two-week vacation, and it’s looking like lawmakers will do what they do best: the bare minimum. (AP Photo/J. David Ake)
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Congress Returns to Do the Bare Minimum

Congress gets back to work Monday after a two-week vacation, and it's looking like lawmakers will do what they do best: the bare minimum.

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