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Stocks extend gains after drop in jobless claims

The Labor Department says first-time claims for unemployment benefits fell last week to the lowest level in two months. In another hopeful sign, the trade deficit narrowed in July.

Apple publishes guidelines for app approval

The move follows more than two years of complaints from developers about the company's secret and seemingly capricious rules, which block some programs from the store and hence Apple's popular iPhone, iPad and iPod Touch devices.

U.S. slips in global competitiveness report

Switzerland retained the top spot for the second year in the annual ranking by the Geneva-based World Economic Forum

Oil gives back early gains, settles lower

Benchmark oil for October delivery lost 42 cents to settle at $74.25 a barrel on the New York Mercantile Exchange

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