Strong greenback in U.S. interest, says Paulson
U.S. Treasury Secretary Henry Paulson said on Friday that a strong U.S. dollar was in American interests and said he was optimistic the U.S. economy would continue to grow this year.
Market advances as helped by tech shares
U.S. stocks jumped on Friday as higher-than-expected results from software maker Oracle Corp and a share buyback from Texas Instruments Inc boosted technology shares.
EU clashes with U.S. over airline emissions trade
The European Union will press ahead with plans to include aviation in its emissions trading system despite United States' efforts through a U.N. body to discourage it, a spokeswoman for the EU executive said on Friday.
Wall St set to open higher as Oracle and Nike gain
U.S. stock index futures rose on Friday after Nike and Oracle reported higher-than-expected financial results, but trading was likely to be volatile as equity derivative contracts expired.
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Wall Street rallies for second straight day
U.S. Stocks rallied for a second day on Wednesday as investors bet the Federal Reserve's aggressive rate cut would help prevent an economic slowdown. Housing-related stocks such as home builders and mortgage finance companies were among the biggest percentage gainers in the S&P 500, a day after the Fed cut the benchmark interest rates by a half-percentage point.
Wall St extends Fed rally; S&P up 1 pct
U.S. stocks rose on Wednesday, adding to the previous session's surge and lifting the Standard & Poor's 500 index by 1 percent, as investors bet the Federal Reserve's aggressive rate cut would help prevent an economic slowdown.
One in three Americans expects recession
One in three Americans expects a U.S. recession in the next year, and less than a quarter think home prices will rise, according to a Reuters/Zogby poll released on Wednesday.
Indian left adamant ahead of nuclear panel talks
Indian communists are not expected to budge on a nuclear deal with the United States, left leaders said.
Stocks set to extend gains after Fed rate cut
Stock futures pointed to a higher opening on Wall Street on Wednesday, as shares continue to rally following the Federal Reserve's aggressive interest rate cut that eased fears over the outlook for the economy.
Key House lawmaker sees Peru pact approval
A free trade agreement with Peru is headed for approval in Congress, but trade deals with Panama and Colombia face problems, a senior Democrat in the House of Representatives said on Tuesday.
Wall St climbs on Lehman, PPI; Fed on tap
U.S. stocks rose on Tuesday after forecast-topping earnings from Lehman Brothers Holdings Inc calmed investors' fears about the recent credit turmoil as investors anticipated an interest rate cut.
Wall Street falls on global credit concerns
Stocks fell on Monday as savers demanded their money back from embattled British bank Northern Rock, adding to global credit concerns before an expected U.S. interest rate cut this week.
U.S. envoys in China for talks on food, drug safety
A U.S. delegation will begin formal negotiations with Chinese officials in Beijing this week on deals to improve food and drug safety following a series of health scares that have shaken confidence in Chinese-made goods.
U.S. Market flat; tech weakness offset energy
Stocks were little changed on Friday as weakness in semiconductor makers after a broker downgrade of Intel Corp was offset by strength in energy producers.
U.S.-China end safety talks
China will work with the United States to ensure the safety of exported toys and other goods, a top Chinese official said, but Beijing still insists it is not solely to blame in recent safety scandals.
Safety "myths" said to block Mexico trucks from U.S.
A U.S. Senate decision to block funding for a test program to let Mexico's long-haul trucks operate in the United States uses outdated safety fears to mask protectionism, Mexican truckers and the U.S. government say.
Stocks dip on retail data, BoE bailout
Major U.S. indexes started off the day slightly lower on Friday as August retail sales disappointed while the subprime crisis extended overseas as the Bank of England rescued mortgage lender Northern Rock.
Stocks set to fall as credit worries flare up
Stock futures fell on Friday, suggesting Wall Street shares could open under pressure after British mortgage lender Northern Rock became the biggest UK casualty of the current liquidity squeeze.
McDonald's, financials lift market
U.S. stocks rose on Thursday after a Wall Street analyst said brokerage shares were undervalued and McDonald's Corp raised its annual dividend by 50 percent.
U.S. Stocks flat as oil data looms
Stocks were little changed on Wednesday as investors awaited U.S. data on oil inventories, while oil prices extended a rise to record highs, potentially straining consumer spending and corporate profits.
Stocks set to fall, Texas Instruments eyed
Stock index futures pointed to a weaker market open on Wednesday, with Texas Instruments in focus after the chipmaker left its outlook steady.
U.S. and China promise Americans lead-free toys
U.S. and Chinese officials agreed on Tuesday to take immediate steps to stop the use of lead paint in toys made in China following toy recalls that have scared American parents ahead of holiday shopping.
Toyota sees slight drop in U.S car market
Toyota Motor Co President Katsuaki Watanabe said on Tuesday he expected a slight decline in the U.S. auto market in 2007 to around 16.3 million units.
Market climbs on rate cut hopes
Stocks rallied on Tuesday, bolstered by confidence the Federal Reserve will cut interest rates next week, another round of upbeat outlooks from technology companies, and solid sales from McDonald's Corp.
Wall Street declines as banks slump
Stocks fell on Monday as bank shares declined on fears of bigger-than-expected loan losses related to housing, while a drop in crude oil prices hurt energy shares.
Will stocks sink or swim after jobs data?
Friday's news of a buckling U.S. job market sent stock investors running for the exits, and this week promises to be no less stressful as investors grapple with the increasing possibility of an economic recession.
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