U.S. stocks opened lower on Tuesday after the government report showed that retail sales rose less than forecast in January.
US retail sales rose less than expected in January, but recorded a gain for a seventh consecutive month.
Though the budget makes a start in the deficit reduction front, it avoids addressing some really big questions, according to Nigel Gault, chief U.S. economist at IHS Global Insight.
Futures on major U.S. stock indices point to modestly higher opening on Tuesday ahead of a wave of economic data including retail sales.
Obviously in Iran, what is sauce for the goose is not sauce for the gander. Both Egypt and Iran, the masses were raising the same demands - freedom, democracy, free and fair elections.
President Barack Obama's budget plan, proposed on Monday, would make air travelers pay more for the “passenger facility charge, aiding the U.S. government to finance airport projects related to safety and expansions.
Total public U.S. debt held outstanding will continue to pile up beyond its current $14 trillion dollar level over the next 10 years under President Barack Obama's federal budget plan for 2012 unveiled on Monday.
U.S. stocks opened modestly lower on Monday as investors awaited the release of President Obama's budget.
Detroit tops the list of fastest growing metropolitan areas for technology jobs, according to a report by Dice.com - a career Web site for technology and engineering professionals and companies in the US.
Futures on major U.S. stock indices point to a mixed opening on Monday, after indices recorded a second straight week of gains on Friday.
China’s trade surplus fell 53.5 percent to $6.45 billion in January, as both exports and imports increased sharply ahead of the Lunar New Year holidays in the country, the General Administration of Customs said on Monday.
A Chinese man quoted in McAfee report on hacking from China targeted at US oil companies flip-flops on his claims.
Beijing will have to seek alternative sources of grain to feed animals as top exporter the United States runs tighter on corn supply than it has for decades, while at home a severe drought threatens China's wheat belt.
The United States has incited Brazil and India to criticise China's currency policy, but Beijing need not worry too much because it can defuse the tension through talks, a series of Chinese government advisers told Reuters.
Following Mubarak's declaration of refusal to step down or leave Egypt, US President Barack Obama issued a statement urging the Egyptian government to move swiftly and explain the changes that have been made to facilitate democracy.
A diplomatic standoff between America and Pakistan may intensify after a Pakistani police official said the police will recommend murder charges for American diplomat Raymond Davis for committing a “clear murder” of two Pakistanis last month.
U.S. stocks opened lower on Friday as data showed the U.S trade deficit widened in December, and jitters over Egypt continued.
The US trade deficit of goods and services rose to $40.6 billion in December compared with a deficit of $38.3 billion in November, the commerce department said on Friday.
Egypt must do more to meet protesters' demands for political change, the United States said on Wednesday in a sharp escalation of rhetoric with one of its most important allies in the Middle East.
The Obama administration is closely watching the economic fallout from Egypt's political crisis and believes progress toward democratic reforms would help stem economic instability, a U.S. official said on Wednesday.
The United States on Thursday condemned a recent spate of violence in Zimbabwe and blamed President Robert Mugabe's party for the attacks, which are heightening tensions ahead of possible elections this year.
U.S. stocks declined in early trade on Thursday despite better-than-expected jobs data with tech stocks particularly remaining weak as disappointing earnings from Cisco Systems weighed on the sentiment
