In this June 12, 2014 photo, Laura MacDonald, 25, interviews for an administrative sales position at the Cleveland Career Fair in Independence, Ohio. More people sought U.S. unemployment benefits last week, though the trend in benefit applications in the past month remained low. The Labor Department says that weekly applications for unemployment aid rose 11,000 to a seasonally adjusted 315,000, the most since late June. Still, the four-week average of applications, a less volatile measure, rose just 750 to 304,000. The average is 7.1 percent lower than it was a year ago.
In this June 12, 2014 photo, Laura MacDonald, 25, interviews for an administrative sales position at the Cleveland Career Fair in Independence, Ohio. More people sought U.S. unemployment benefits last week, though the trend in benefit applications in the past month remained low. The Labor Department says that weekly applications for unemployment aid rose 11,000 to a seasonally adjusted 315,000, the most since late June. Still, the four-week average of applications, a less volatile measure, rose just 750 to 304,000. The average is 7.1 percent lower than it was a year ago. (Photo: Tony Dejak AP)
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This photo provided by Ubisoft shows the video game, ?Tom Clancy?s The Division." When it comes to video games, are they better late than never? At this week’s GameStop Expo, the video game retailer’s annual consumer-centric event, more than 3,000 attendees had the chance to test drive highly anticipated titles like “Evolve,” ‘’Dying Light” and “Battlefield Hardline” in the halls of the Anaheim Convention Center. However, it’s probably the last time this year that gamers will be able to play those particular titles. That’s because they’re among the growing list of games initially set to be released in 2014 that have been delayed until 2015. The publishers behind the monster fighter “Evolve,” zombie survival adventure “Dying Light” and cops-and-robbers romp “Battlefield Hardline” each postponed their release dates earlier this year so developers had more time to tweak the titles. Deciding to delay is as much a business decision as it is a creative one. While setting a release date helps to build hype for a game, if it comes out on time but doesn’t meet gamers’ expectations, there’s less chance a publisher will greenlight a sequel. Historically, consumers are forgiving of most overdue games. For instance, the fourth-month delay of last year’s “Grand Theft Auto V” hardly seemed to impact sales.
This photo provided by Ubisoft shows the video game, ?Tom Clancy?s The Division." When it comes to video games, are they better late than never? At this week’s GameStop Expo, the video game retailer’s annual consumer-centric event, more than 3,000 attendees had the chance to test drive highly anticipated titles like “Evolve,” ‘’Dying Light” and “Battlefield Hardline” in the halls of the Anaheim Convention Center. However, it’s probably the last time this year that gamers will be able to play those particular titles. That’s because they’re among the growing list of games initially set to be released in 2014 that have been delayed until 2015. The publishers behind the monster fighter “Evolve,” zombie survival adventure “Dying Light” and cops-and-robbers romp “Battlefield Hardline” each postponed their release dates earlier this year so developers had more time to tweak the titles. Deciding to delay is as much a business decision as it is a creative one. While setting a release date helps to build hype for a game, if it comes out on time but doesn’t meet gamers’ expectations, there’s less chance a publisher will greenlight a sequel. Historically, consumers are forgiving of most overdue games. For instance, the fourth-month delay of last year’s “Grand Theft Auto V” hardly seemed to impact sales. (Photo: AP Photo/Ubisoft)
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This July 15, 2013 file photo shows the New York Stock Exchange in New York. World stocks turned lower on Thursday as investors tried to estimate when the Federal Reserve might start raising interest rates. A new round of European sanctions against Russia also weighed on trading sentiment. By early afternoon in Europe, Britain’s FTSE 100 was down 0.5 percent to 6,798.82 while France’s CAC 40 dropped by the same rate to 4,428.89. Germany’s DAX shed 0.2 percent to 9,682.54. Wall Street was headed for a weak start. Both S&P 500 and Dow Jones futures fell 0.3 percent. “There is a bigger possibility that the FOMC’s forward guidance (about higher interest rates) would change,” Chun Jung-hun, an analyst at Kiwoom Securities in Seoul, said in a report. “Market participants cannot help reacting sensitively to possible changes in the Fed’s statement. There is more a possibility that the phrase ‘considerable time’ would be deleted from the statement.”
This July 15, 2013 file photo shows the New York Stock Exchange in New York. World stocks turned lower on Thursday as investors tried to estimate when the Federal Reserve might start raising interest rates. A new round of European sanctions against Russia also weighed on trading sentiment. By early afternoon in Europe, Britain’s FTSE 100 was down 0.5 percent to 6,798.82 while France’s CAC 40 dropped by the same rate to 4,428.89. Germany’s DAX shed 0.2 percent to 9,682.54. Wall Street was headed for a weak start. Both S&P 500 and Dow Jones futures fell 0.3 percent. “There is a bigger possibility that the FOMC’s forward guidance (about higher interest rates) would change,” Chun Jung-hun, an analyst at Kiwoom Securities in Seoul, said in a report. “Market participants cannot help reacting sensitively to possible changes in the Fed’s statement. There is more a possibility that the phrase ‘considerable time’ would be deleted from the statement.” (Photo: Mark Lennihan AP)
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Fry's Market Place at I-17 and West Bell Road. Fry's parent, Kroger Co., Kroger Co. (KR) on Thursday reported earnings of $347 million in its fiscal second quarter. The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share. The supermarket chain posted revenue of $25.31 billion in the period, which also topped Street forecasts. Analysts expected $24.91 billion, according to Zacks. Kroger shares have increased 31 percent since the beginning of the year, while the Standard & Poor’s 500 index has climbed 8 percent. The stock has climbed 38 percent in the last 12 months.
Fry's Market Place at I-17 and West Bell Road. Fry's parent, Kroger Co., Kroger Co. (KR) on Thursday reported earnings of $347 million in its fiscal second quarter. The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share. The supermarket chain posted revenue of $25.31 billion in the period, which also topped Street forecasts. Analysts expected $24.91 billion, according to Zacks. Kroger shares have increased 31 percent since the beginning of the year, while the Standard & Poor’s 500 index has climbed 8 percent. The stock has climbed 38 percent in the last 12 months. (Photo: John McLean/The Republic|azcentral.com)
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    Replay
    • In this June 12, 2014 photo, Laura MacDonald, 25, interviews for an administrative sales position at the Cleveland Career Fair in Independence, Ohio. More people sought U.S. unemployment benefits last week, though the trend in benefit applications in the past month remained low. The Labor Department says that weekly applications for unemployment aid rose 11,000 to a seasonally adjusted 315,000, the most since late June. Still, the four-week average of applications, a less volatile measure, rose just 750 to 304,000. The average is 7.1 percent lower than it was a year ago.
    • This photo provided by Ubisoft shows the video game, ?Tom Clancy?s The Division." When it comes to video games, are they better late than never? At this week’s GameStop Expo, the video game retailer’s annual consumer-centric event, more than 3,000 attendees had the chance to test drive highly anticipated titles like “Evolve,” ‘’Dying Light” and “Battlefield Hardline” in the halls of the Anaheim Convention Center. However, it’s probably the last time this year that gamers will be able to play those particular titles. That’s because they’re among the growing list of games initially set to be released in 2014 that have been delayed until 2015. The publishers behind the monster fighter “Evolve,” zombie survival adventure “Dying Light” and cops-and-robbers romp “Battlefield Hardline” each postponed their release dates earlier this year so developers had more time to tweak the titles. Deciding to delay is as much a business decision as it is a creative one. While setting a release date helps to build hype for a game, if it comes out on time but doesn’t meet gamers’ expectations, there’s less chance a publisher will greenlight a sequel. Historically, consumers are forgiving of most overdue games. For instance, the fourth-month delay of last year’s “Grand Theft Auto V” hardly seemed to impact sales.
    • This July 15, 2013 file photo shows the New York Stock Exchange in New York. World stocks turned lower on Thursday as investors tried to estimate when the Federal Reserve might start raising interest rates. A new round of European sanctions against Russia also weighed on trading sentiment. By early afternoon in Europe, Britain’s FTSE 100 was down 0.5 percent to 6,798.82 while France’s CAC 40 dropped by the same rate to 4,428.89. Germany’s DAX shed 0.2 percent to 9,682.54. Wall Street was headed for a weak start. Both S&P 500 and Dow Jones futures fell 0.3 percent. “There is a bigger possibility that the FOMC’s forward guidance (about higher interest rates) would change,” Chun Jung-hun, an analyst at Kiwoom Securities in Seoul, said in a report. “Market participants cannot help reacting sensitively to possible changes in the Fed’s statement. There is more a possibility that the phrase ‘considerable time’ would be deleted from the statement.”
    • Fry's Market Place at I-17 and West Bell Road. Fry's parent, Kroger Co., Kroger Co. (KR) on Thursday reported earnings of $347 million in its fiscal second quarter. The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share. The supermarket chain posted revenue of $25.31 billion in the period, which also topped Street forecasts. Analysts expected $24.91 billion, according to Zacks. Kroger shares have increased 31 percent since the beginning of the year, while the Standard & Poor’s 500 index has climbed 8 percent. The stock has climbed 38 percent in the last 12 months.
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    This morning's business news: What you need to know

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    Applications for US unemployment rise to 315K

    More people sought U.S. unemployment benefits last week, though the trend in benefit applications in the past month remained low.

    The Labor Department says that weekly applications for unemployment aid rose 11,000 to a seasonally adjusted 315,000, the most since late June. Still, the four-week average of applications, a less volatile measure, rose just 750 to 304,000. The average is 7.1 percent lower than it was a year ago.

    The data covers the week ended Sept. 6, which included the Labor Day holiday. Unemployment benefits data can be more volatile around holidays.

    For gamers, waiting can be the hardest part

    When it comes to video games, are they better late than never?

    At this week's GameStop Expo, the video game retailer's annual consumer-centric event, more than 3,000 attendees had the chance to test drive highly anticipated titles like "Evolve," ''Dying Light" and "Battlefield Hardline" in the halls of the Anaheim Convention Center. However, it's probably the last time this year that gamers will be able to play those particular titles.

    That's because they're among the growing list of games initially set to be released in 2014 that have been delayed until 2015. The publishers behind the monster fighter "Evolve," zombie survival adventure "Dying Light" and cops-and-robbers romp "Battlefield Hardline" each postponed their release dates earlier this year so developers had more time to tweak the titles.

    It's a frustrating trend that's prompting many players to bemoan the least fun game of all: The Waiting Game.

    Deciding to delay is as much a business decision as it is a creative one.

    While setting a release date helps to build hype for a game, if it comes out on time but doesn't meet gamers' expectations, there's less chance a publisher will greenlight a sequel. Historically, consumers are forgiving of most overdue games. For instance, the fourth-month delay of last year's "Grand Theft Auto V" hardly seemed to impact sales.

    World stocks down as Fed's next policy move mulled

    World stocks turned lower on Thursday as investors tried to estimate when the Federal Reserve might start raising interest rates. A new round of European sanctions against Russia also weighed on trading sentiment.

    By early afternoon in Europe, Britain's FTSE 100 was down 0.5 percent to 6,798.82 while France's CAC 40 dropped by the same rate to 4,428.89. Germany's DAX shed 0.2 percent to 9,682.54. Wall Street was headed for a weak start. Both S&P 500 and Dow Jones futures fell 0.3 percent.

    Two San Francisco Fed economists pointed out in a paper earlier this week the gap between what the public expects about the Fed's future policy moves and what the board members expect. The paper said the public expects a "more accommodative" policy, meaning low interest rates for longer, than board members. The paper further gave weight to the view that the Fed's first rate hike since the 2008 financial crisis is closer than some expect.

    "There is a bigger possibility that the FOMC's forward guidance (about higher interest rates) would change," Chun Jung-hun, an analyst at Kiwoom Securities in Seoul, said in a report. "Market participants cannot help reacting sensitively to possible changes in the Fed's statement. There is more a possibility that the phrase 'considerable time' would be deleted from the statement."

    Kroger beats Street 2Q forecasts

    Kroger Co. (KR) on Thursday reported earnings of $347 million in its fiscal second quarter.

    On a per-share basis, the Cincinnati-based company said it had profit of 70 cents.

    The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.

    The supermarket chain posted revenue of $25.31 billion in the period, which also topped Street forecasts. Analysts expected $24.91 billion, according to Zacks.

    Kroger shares have increased 31 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 8 percent. The stock has climbed 38 percent in the last 12 months.

    Compiled from Associated Press wires.

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