• This Jan. 16, 2015 file photo shows pumpjacks operating at the Kern River Oil Field in Bakersfield, Calif. The price of oil topped $50 a barrel this week for the first time since July, delivering a cash infusion to oil producers and a lift to beaten-down energy stocks. (AP Photo/Jae C. Hong, File)

    $50 oil shouldn’t pose major threat to consumers, economy

    NEW YORK (AP) — The price of oil topped $50 a barrel this week for the first time since July, delivering a cash infusion to oil producers and a lift to beaten-down energy stocks.

  • This Thursday, Oct. 2, 2014, file photo, shows a Wall Street sign adjacent to the New York Stock Exchange. U.S. stocks are continuing to climb early Wednesday, May 25, 2016, and energy companies are leading the way as the price of oil continues to climb. A deal between Hewlett Packard Enterprise and Computer Sciences is sending both companies higher. European stocks are rising after a deal to get Greece more rescue loans. (AP Photo/Richard Drew, File)

    US stocks climb for the second day as oil prices rise

    NEW YORK (AP) — U.S. stocks climbed Wednesday as investors continued to recover some confidence in the health of the global economy. That sent oil prices higher and gave energy companies a boost, while materials companies also climbed higher.

  • This photo combo shows Expedia CEO Dara Khosrowshahi, left, and Yahoo President and CEO Marissa Mayer. Khosrowshahi and Mayer were two of the highest-paid CEOs in 2015, as calculated by The Associated Press and Equilar, an executive data firm. (Expedia via AP, left, and AP Photo/Eric Risberg)

    CEO pay climbs again, even as their stock prices don’t

    NEW YORK (AP) — CEOs at the biggest companies got a 4.5 percent pay raise last year. That’s almost double the typical American worker’s, and a lot more than investors earned from owning their stocks — a big fat zero.

  • Trader Gregory Rowe, center, works on the floor of the New York Stock Exchange, Tuesday, May 24, 2016. Stocks are opening solidly higher on Wall Street, led by gains in technology stocks and banks. (AP Photo/Richard Drew)

    US stocks jump as rising interest rates help banks higher

    SEOUL, South Korea (AP) — Asian stock markets rallied Wednesday as solid U.S. housing sales data and overnight gains on Wall Street raised expectations for a strong recovery in the world’s largest economy.

  • This Thursday, Oct. 2, 2014, file photo shows the Wall Street entrance of the New York Stock Exchange. Stocks were little changed in early trading Monday, May 23, 2016, as investors sat on the sidelines waiting to see where the Federal Reserve might move interest rates the following month. (AP Photo/Richard Drew, File)

    Stocks little changed as investors wait for Fed

    TOKYO (AP) — Asian stock markets were down slightly in subdued trading Tuesday amid anticipation the U.S. Federal Reserve may raise interest rates in June.

  • People walk by an electronic stock board of a securities firm in Tokyo, Monday, May 23, 2016. Japanese stocks fell and other Asian markets were higher Monday after a global finance meeting failed to produce an economic growth plan and Tokyo reported weaker exports. (AP Photo/Koji Sasahara)

    Asian stocks rise after G7 meet; Tokyo falls on weak trade

    LONDON (AP) — Stock markets were choppy Monday after a meeting of the developed world’s central bankers and finance ministers failed to yield fresh ideas for spurring economic growth.