Third quarter U.S. corporate earnings are expected to show a lower increase next week, weighed down by consumer and financial sectors, Reuters Estimates said on Monday.
Stock futures declined on Monday, suggesting a lower opening for Wall Street, hit by weakness in global markets and concern that credit problems may be having a wider impact on earnings.
Gold shrugged off a tumbling U.S. dollar to fall more than 1 percent on Monday as investors cashed in on the metal's rally to a near three-decade high.
The dollar hit a record low against the euro on Monday as traders seized on Group of Seven finance officials' apparent indifference toward dollar weakness as a cue to dump the ailing greenback.
A change in Iran's top nuclear negotiator indicates President Mahmoud Ahmadinejad and those who oppose any compromise in an atomic standoff with the West are winning the policy argument in the Islamic Republic.
When the annual trade show once known simply as E3 kicks off this week, attendees will discover a distinctly downsized event.
Worries about the world-leading U.S. economy and fears over bank credit rippled across financial markets on Monday, sending stocks sharply lower and dragging the dollar to a record low against the euro.
Oil prices fell on Monday, extending the previous session's decline on profit taking from record highs, but clung to $88 on violence between Turkish soldiers and Kurdish guerrillas and a record-low dollar.
Fiscal policy makers from the Group of Seven meeting this week in Washington this week did not specifically address the issue of the dollar trading near all-time lows versus the euro in recent weeks.
So much for predictions that the Web would crush the book publishing industry.
United Auto Workers members at a major Chrysler LLC assembly plant in St. Louis have overwhelmingly rejected a proposed contract with Chrysler, delivering a setback to union leadership in early voting on the four-year deal.
U.S. sales of video game hardware and software jumped 75 percent in September, driven by Microsoft Corp's Halo 3 and Nintendo Co Ltd's Wii console.
AT&T Inc said on Friday it plans to participate in an upcoming government auction of airwaves in the 700-Megahertz spectrum band, but it is still deciding whether to bid for a portion of the spectrum reserved for open access.
President George W. Bush expanded U.S. sanctions against Myanmar's rulers on Friday, accusing them of "vicious persecution" of democracy protesters, and urged China and India to step up pressure on their neighbor.
Caterpillar Inc.'s warning that the housing slump was infecting the wider economy sent U.S. stocks tumbling by the most in more than two months on Friday, spooking investors on the 20th anniversary of the 1987 market crash.
The 20th anniversary of the stock market's brutal 1987 crash have some wondering if it could happen again in today's market.
With global economic growth waning and a credit crunch threatening, finance chiefs from rich nations were gathering on Friday to mull how to control strains in financial markets and keep expansion going.
Wachovia Corp posted on Friday a 10 percent decline in third-quarter profit, missing forecasts, as the fourth-largest U.S. bank suffered $1.3 billion of write-downs at its investment banking unit.
Caterpillar Inc, the world's top maker of earth-moving equipment, diesel engines and gas turbines, posted disappointing quarterly earnings on Friday and cut its full-year forecast, sending its shares down 3.5 percent.
The dollar slid to a fresh record low against the euro and a basket of currencies on Friday, pressured by the growing view that a slowdown in the U.S. economy will force another cut in interest rates this month.
The twin blast which killed 133 people as opposition leader Benazir Bhutto drove through masses of supporters in Karachi has been blamed on Islamist militants.
Oil surged beyond $90 to a new peak on Friday as tight fuel stocks ahead of winter and a softening dollar spurred investor buying. Oil's rally -- which has seen six straight days of record highs for U.S. crude -- has been fuelled by unprecedented weakness in the dollar, a factor that has supported all dollar-denominated commodities.