
Stock indexes closed lower Thursday, a third straight decline, after U.S. retailers issued weak forecasts for earnings and more people filed claims for unemployment benefits.

Shoppers, worried about jobs and the overall economy, pulled back on spending in June, resulting in tepid sales for many retailers.
It's not just the push-up bras or feathered wings that give some top Victoria's Secret models their sexy swagger: It's their off-the-catwalk lives as mothers that give them their confidence and signature curves, they say.
Ohio State needs to do a lot of "soul-searching" in the wake of the memorablia-for-cash and tattoos football scandal that forced coach Jim Tressel to resign and quarterback Terrelle Pryor to leave school, a university trustee said Friday.
COLUMBUS, Ohio _ Ohio State President Gordon Gee said Wednesday he expects university athletics director Gene Smith to stay on despite head football coach Jim Tressel's resignation and a growing number of alleged NCAA violations by the football program.

Retailers reported surprisingly solid January revenue gains Thursday that swept away fears that snowstorms in much of the country had chilled sales.