Gannett Co. Inc., publisher of USA Today and 81 local daily newspapers, is expected to have slightly lower revenue in the second quarter this year versus last year, as print advertising continues to weaken and the broader economy sputters at stall speed.
Dennis Lockhart, president of the Federal Reserve Bank of Atlanta, said Friday he might support more central bank attempts to stimulate the nation's moribund economy.
Second-quarter earnings season heads into full swing next week. The results will provide guidance on how much the global slowdown is affecting U.S. companies.
Emails and phone communications released by the Federal Reserve on Friday show that an economist with the central bank who was told as August 2007 that one of the world's most important interest rates was being manipulated did not understand that rate.
Assam has witnessed other public assaults on women that sparked outrage.
U.S. wholesale prices unexpectedly rose in June for the first time in four months, as higher food costs offset another big drop in energy prices.
China's growth rate slowed for a sixth successive quarter to its slackest pace in more than three years, highlighting the need for more policy vigilance from Beijing even as signs emerge that action taken so far is beginning to stabilise the economy.
Infosys Ltd, BT Group, AFLAC, Freeport-McMoRan, Kinder Morgan, Ampio Pharmaceuticals, Logitech International and Two Harbors Investment Corp. are among the companies whose shares are moving in pre-market trading Friday.
U.S. stock index futures point to a higher opening Friday as investors are speculating announcement of stimulus measures in China to boost its economic growth.
Asian stock markets advanced Friday as concerns over a sharper slowdown in the world's second largest economy eased after China reporting second quarter economic activity data in line with expectations.
Tata Consultancy Services (TCS), India's top IT exporter, exceeded the market expectations in the First quarter of the Financial year 2012, by posting strong earnings and affirmed its position as the bellwether of India's IT industry.
The Asian Development Bank (ADB) cut its growth forecasts for developing Asia on Thursday, saying financial and economic problems in Europe and the United States had cut demand for exports, although Southeast Asia remained a bright spot. China's economy was expected to grow 8.2 percent this year and India's 6.5 percent, Kuroda said.
Most European markets rose Friday as investor sentiment turned positive on hope that China will announce stimulus measures after it reported that its economy continue to weaken.
Spelling more trouble for India's second largest IT exporter Infosys, Barclays Capital cut its ratings for the company's shares to equal weight from overweight, citing disappointing first quarter earnings.
China's gross domestic product growth slowed down in the second quarter to the lowest rate in three years, due to soft global demand official data released Friday show.
The top after-market NYSE gainers Thursday were New York & Company, Quicksilver Resources, Petroleo Brasileiro, SuperValu and Radioshack Corp. The top after-market NYSE losers were Box Ships, Lexmark International, Stillwater Mining, Abercrombie & Fitch and MPG Office Trust.
Asian markets were mixed Friday as investor remained watchful as China’s economy continued to slowdown indicating that the global economic condition is worsening.
Your corn flakes are going to be more expensive in six to 12 months' time. As will your ketchup, carbonated drinks, sweets, hamburgers, chicken and many other things in the corn-heavy American diet.
The European fiscal crisis is dragging down business travel growth in the United States, according to a new report from the Alexandria, Va.-based Global Business Travel Association.
Nepali women, especially those of the Tamang ethnic group, have long been prized for their fair complexions and delicate features.
What bad news does China have in store?
The IEA estimates world oil demand at 90.9 million bpd in 2013, and says fuel consumption in the developed economies of the Organisation for Economic Co-operation and Development (OECD) will be overtaken for the first time by non-OECD demand, a trend that is unlikely to be reversed.
U.S. futures industry investigators are looking into why Iowa-based collapsed brokerage PFGBest used a tiny accounting firm that appears to be operating from inside a suburban Chicago home to audit its books, according to a person familiar with the matter.
The number of Americans lining up for new jobless benefits last week had its biggest decline in four years, the Labor Department said Thursday, but one-time factors such as fewer auto-sector layoffs than normal plus the July 4 holiday likely caused the sharp decline.
American International Group, DryShips, Merck & Co, Complete Genomics, SAP AG, Deutsche Bank and Cognizant Technology Solutions Corp. are among the companies whose shares are moving in pre-market trading Thursday.
Asian stock markets plunged Thursday as unexpected interest rate cut in South Korea fueled concerns over global economic slowdown and the Federal Reserve offered no strong hints about another round of quantitative easing.
U.S. stock index futures pointed to a lower opening Thursday as investor sentiment continued to be dragged down by weak global economic conditions.
Most European markets fell Thursday as investor sentiment continued to be negative over increasing concerns of the faltering global economic situation and deepening debt burden of the euro zone.
Crude oil prices lowered slightly and hovered above $85 a barrel in Asian trade Thursday, as investors opted for caution ahead of the Chinese GDP data.
The top after-market Nasdaq gainers Thursday were DragonWave Inc, Complete Genomics Inc, Incyte Corporation, Apollo Group Inc and DISH Network Corporation.The top after-market Nasdaq losers were: Xyratex Ltd, ImmunoGen, Infinera Corporation, James River Coal Company and Daktronics Inc.
