UNITED STATES

Housing Starts Down, Producer Prices Rise

IBTimes Logo
U.S. housing starts fell more sharply than expected to the lowest rate in more than three years, while core producer prices dipped unexpectedly, according to government reports on Tuesday that confirmed a fast-cooling economy.

Ford Restructuring Seen Dogged by Uncertainty

IBTimes Logo
As Ford Motor Co. moves to implement its biggest job-cut and plant-closure program in its 103-year history, uncertainties about the turnaround plan risk complicating its execution, analysts said on Monday.
More news
IBTimes Logo

Amid Privacy Backlash, Web Publishers Turn Inward

Technological changes and personal privacy have been at odds ever since modern notions of privacy emerged more than a century ago. Numerous mechanical devices threaten to make good the prediction that 'what is whispered in the closet shall be proclaimed from the housetops', wrote two Boston lawyers in 1890 in a seminal paper that articulated the modern right to be left alone that is the basis of U.S. privacy law.
IBTimes Logo

Global Growth May be Cresting, IMF Warns

World economic growth may be cresting after the strongest showing in three decades, making it imperative that countries revive global, market-opening talks to tap the benefit of expanded trade, the head of the IMF said on Tuesday.
IBTimes Logo

Peabody raises bid for Australia's Excel

U.S. coal firm Peabody Energy Corp. raised its bid for Australia's Excel Coal Ltd. by nearly 12 percent to A$2 billion ($1.5 billion), but speculation about a rival offer pushed Excel shares above Peabody's new offer price.
IBTimes Logo

Yahoo to Begin New Advertising Campaign

Yahoo Inc. plans a new integrated marketing campaign in U.S. and overseas markets that includes television, radio, cinema and online advertising, the Internet media company said on Monday.
IBTimes Logo

Euro debt down, euro up on hawkish ECB

Euro zone government bonds tumbled and the euro edged higher on Monday after hawkish comments from European Central Bank officials, while European stocks tracked Asian markets higher.
IBTimes Logo

Nikkei slips after govt report, Hitachi down

The Nikkei average sagged 0.47 percent on Friday as a government downgrade of its view on private consumption and exports spurred selling, but Advantest Corp. and other chip stocks rose, curbing market losses.
IBTimes Logo

Wall Street seen higher on Fed hopes, tamer oil

U.S. shares are expected to rise again on Monday, underpinned by hopes that the Federal Reserve will keep interest rates unchanged at its policy-setting meeting on Wednesday, and as oil prices stayed below $64 a barrel.
IBTimes Logo

Strong dollar in U.S. interest: Paulson

U.S. Treasury Secretary Henry Paulson said on Monday a strong U.S. dollar was in the interest of the United States and he was not seeking any quick fixes on China's currency situation.
IBTimes Logo

Finance ministers back World Bank plan

Finance ministers on Monday backed a controversial new World Bank strategy for tackling corruption in developing countries but insisted on overseeing how it is implemented
IBTimes Logo

Oil Eking Out Small Gains, OPEC Eyes U.S. Growth

Oil prices nudged higher for a second day on Monday, struggling to end their steepest slump in more than a decade amid robust winter fuel stocks and easing geopolitical and weather risks to oil supplies. NYMEX crude for October delivery
IBTimes Logo

Eurostocks Week Ahead - Fed decision, earnings eyed

European investors will focus on the Federal Reserve's interest rate decision next week and clues about the U.S. economy, while a smattering of company results will also roll on in Europe and the United States.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.