UNITED STATES

Dollar

IBTimes Logo
Dollar strengthened against the euro yesterday as traders took profits on the European currency amid optimism that the Federal Reserve's
IBTimes Logo

Dollar Rises Ahead of Payrolls Report

The dollar rose on Friday against an index of its largest rival currencies after U.S. economic data on Thursday raised expectations that the Federal Reserve would take a pause from its string of interest rate cuts.
More news
IBTimes Logo

CVS Caremark's 1Q Profit Surges 83 Pct Acquisition

CVS Caremark Corp., the largest U.S. pharmacy store chain, reported on Thursday that its first quarter profit soared 83 percent as sales increased following the acquisition of Caremark RX Inc last year.
IBTimes Logo

GM, Ford Sales Slump in April

General Motors Corp. and Ford Motor Co., the two leading U.S. automakers said sales in April fell 16 percent and 12 percent respectively as high gasoline prices lower demand for trucks.
IBTimes Logo

Nasdaq Bolsters Rally on Wall Street

U.S stocks picked up on Thursday following the release of mixed economic data, with the Nasdaq Composite leading the way up after Symantec Corp.'s strong earnings were announced.
IBTimes Logo

Dollar declines as Fed Leaves Door Open to More Cuts

The dollar fell against major currencies on Wednesday after the Federal Reserve made an expected quarter point cut in its benchmark interest rate to 2 percent but left open the possibility to further rate cuts, raising concerns about inflation.
IBTimes Logo

Gold Futures Soar after Fed Slashes Interest Rates

Gold futures rallied in electronic trading Wednesday, recovering losses from their decline in the regular session, after the Federal Reserve's announced its decision to cut the main U.S. interest rate by a quarter of a percentage point to 2 percent which boosted demand for the precious metal.
IBTimes Logo

This Week in Petroleum - Apr 30

Factors Behind High Distillate Prices More Complex Than Gasoline With gasoline and diesel fuel prices continuing to rise at the retail pump, many consumers may be feeling they are taking a bath on fuel expenses. This feeling
IBTimes Logo

Apple Takes iPhone to Canada

The sole Canadian mobile phone service provider using the GSM standard, Rogers Communications, said on Tuesday that it will start offering iPhones to its subscribers later this year.
IBTimes Logo

Japan Stocks Declined On Profit Taking

Tokyo shares closed lower Wednesday as weakness in commodity-sector shares and a selloff of real estate stocks stalled a two-day rally, despite continued strength in financial stocks and gains at Matsushita Electric Industrial.
IBTimes Logo

U.S. Stocks Up on Positive Earning News, Ahead of Fed

U.S. stocks rose on Wednesday as investors awaited the Federal Reserve's decision on interest rates and its assessment of the state of the economy, while consumer-products giant Proctor & Gamble Co. and automaker General Motors Corp. reported better-than-anticipated results.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.