American Honda Motor Co on Wednesday reported that its US auto sales data rose 16.1 percent, led by by strong sales of cars and sports utility vehicles alike.
Kia Motors America on Wednesday reported that its US auto sales soared 48.2 percent, led by strong sales of Sorento models and recently introduced vehicles - the Soul, Forte and Forte Koup, and the Sorento, Sportage and all-new Optima.
Volkswagen of America Inc. on Wednesday reported that its US auto sales rose 24 percent on strong sales of its Jetta family of cars and wagons.
U.S. stocks rallied in early trade on Wednesday as strong data on private payrolls, and better-than-expected manufacturing reports from China and Europe buoyed sentiment.
Futures on major U.S. indices extended earlier gains on Wednesday after ADP reported that private-sector employment recorded the largest gain in three years in November.
Instances of travelers being mistaken for people on terror watch list are likely to be less as the airlines flying to US are collecting each passenger’s detailed information while they book the tickets, under the Secure Flight program recommended after 9/11 terrorist attacks.
The U.S. home loan demand fell sharply in the week ended Nov. 26, as the mortgage rates continue to rise from their lowest levels, the Mortgage Bankers Association (MBA) said on Wednesday.
Futures on major U.S. stock indices point to higher opening on Wednesday as better-than-expected manufacturing reports from China and Europe buoyed sentiment.
Futures on major U.S. stock indices point to higher opening on Wednesday, the first trading day of December, ahead of a wave of economic data including ADP national employment report.
A Senate wrangle over soaring budget deficits on Tuesday stopped the passage of a crucial extension of unemployed benefits to millions of Americans experiencing the sting of the worst jobs crisis in three decades. The failure of the lame duck Congress to extend benefits will cut off sustenance payments to two million people in December, adding to the woes of home losses, bankruptcies and foreclosures, besides also setting back the economic recovery.
Here's a quick lowdown on the situation.
NZD/USD has broken below its key support level on Tuesday as dollar's across-the-board strength weighed on the kiwi currency, and at a near 2 month low, the pair is now testing its 100-day SMA on the daily chart. Momentum indicators clearly suggest the pair is in the oversold zone but a strong technical reversal also need the support of good news from the Euro-zone, traders said.
Consumer confidence in the U.S. improved in November to reach the highest point in the last five months, suggesting the economy is still expanding, albeit it slowly.
US stocks declined in early trade on Tuesday as renewed concerns about European sovereign debt crisis weighed on sentiment.
Federal prosecutors have indicted six people in a $32 million Internet collections scam that has snared 80 lawyers in Pennsylvania, Massachusetts, Alabama and Georgia.
Futures on major U.S. stock indices point to a lower opening on Tuesday as renewed concerns about European sovereign debt crisis weighed on sentiment.
US stocks declined in early trade on Monday as the European Union’s 85 billion euro ($113 billion) financial assistance package for Ireland failed to boost investor sentiment.
Japan on Monday dismissed immediate return to the table on Korea tensions as proposed by China. Officials in Tokyo maintained that the focus currently is on working 'closely' with South Korea and the United States.
WikiLeaks has finally uncorked its fancied, feared and the much-criticized can of worms, hurting many world leaders, exposing the dark undersides of governments and denting the image of the U.S. state department. Here are some details about arrested U.S. army Private Bradley Manning, who is suspected of helping the world have a peek into sensitive U.S. diplomatic documents:
Futures on major U.S. indices point to flat opening on Monday as the European Union’s 85 billion euro ($113 billion) financial assistance package for Ireland failed to boost investor sentiment.
According to the latest spill on WIkileaks called 'cablegate', UAE, which was increasingly nervous about Iran, wanted weapons, specifically the Predator B aircraft, from US to protect itself.
More consumers in China will shop online on Cyber Monday than in the U.S., UK, Germany and Japan, according to a survey by eCoupons.com/Ipsos.
The U.S. has many doubts about its long-term ally Turkey's dependability as a partner, according to diplomatic cables that were leaked by WikiLeaks on Sunday evening.
