ECONOMY & MARKETS

Onyx Pharmaceuticals, QuinStreet, Molycorp, EZchip Semiconductor, Red Hat, Ampio Pharmaceuticals, Mechel OAO, Chimera Investment and Nokia Corp. are among the companies whose shares are moving in pre-market trading Thursday.

African migrants in China have a life that is light years away from the glamour, adulation and affluence enjoyed by Drogba.

Paul Simon once crooned: Every generation sends a hero up the pop charts. But the heroes of the latest generation of young music-hungry consumers are finding it difficult to get them to actually buy their work.

U.S. housing prices won't just hit the bottom this year -- they'll rise by 2 percent, according to a report by Capital Economics released this week. But that doesn't mean the market is in great shape.

Asian stock markets mostly declined Thursday as the Federal Reserve's limited help to bolster the domestic economy disappointed some market participants.

Crude oil futures declined Thursday, weighed down by an unexpected jump in the U.S. crude supplies and the Federal Reserve's limited help to revive the domestic economy.

U.S. stock index futures point to a lower opening Thursday after the Department of Labor's initial jobless claims report, which showed that more people than expected filed for unemployment benefits, and the National Association of Realtors' report on existing home sales.

European markets fell Thursday as investors were disappointed the U.S. Federal Reserve failed to announce any quantitative easing measures on Wednesday.

The top after-market NYSE gainers Wednesday were: Skilled Healthcare, VOC Energy, Oriental Financial Group, Alon USA Energy and Kindred Healthcare. The top after-market NYSE losers were: Red Hat, Main Street Capital, Vmware, Apartment Investment & Management and hhgregg.

Most Asian markets fell Thursday as investors felt let down by the U.S. Federal Reserve, which did not announce a further round of quantitative easing.

Asian stocks struggled and commodities fell broadly on Thursday after the Federal Reserve ramped up monetary stimulus by expanding Operation Twist, but disappointed some investors who had been hoping for more aggressive measures.

Peter Thiel, a director of Facebook (Nasdaq: FB), the No. 1 social networking site as well as co-founder of PayPal, announced his third venture capital firm, Mithril Capital Management.

LANDesk Software, the venerable desktop management software developer, said it had acquired private Wavelink to extend its reach into mobile platforms like smartphones and tablets.

Air India's contingency plan was disrupted Tuesday after 30 of its 120 executive pilots, deployed by the national carrier to run its international flying operations in the wake of the pilots' strike, reported sick, reports said Wednesday.

There?s a silver lining to the bearish global economic news ? a slide in crude oil prices: U.S. gasoline prices fell from their April peak, which will likely prompt more Americans to hit the road for the Independence Day holiday.

Biosante Pharmaceuticals Inc., Tesla Motors Inc., Barclays PLC, Bank of America Corp., Adobe Systems Inc., Michael Kors Holdings Ltd and Procter & Gamble Co. are among the companies whose shares moved in pre-market trading Wednesday.

Hundreds of thousands of South Korean cab drivers began their first nationwide strike Wednesday, demanding higher fares and cheaper fuel, prompting the authorities to run additional bus and subway services.

U.S. stock index futures point to a mixed opening Wednesday ahead of economists' expectations that the Fed will announce an extension of its 'Operation Twist' monetary policy designed to boost the economy.

European markets fell Wednesday as investors remained watchful ahead of the U.S. Federal Reserve's announcement of the monetary policy decision.

Asian stock markets advanced Wednesday on expectations that the major central banks around the world would announce further stimulus measures to spur economic growth.

During these difficult times, extreme measures are needed to keep afloat. Second chances are seems hard to come by especially in terms of employment.

Crude oil futures hovered above $84 a barrel Wednesday amid expectations that the U.S. Federal Reserve may announce additional stimulus measures to spur economic growth.

The top after-market Nasdaq gainers Tuesday were Idenix Pharmaceuticals Inc, Mitel Networks Corporation, Gevo Inc, Sonus Networks Inc and Medical Action Industries Inc. The top after-market Nasdaq losers were: FSI International, Inc, Adobe Systems Incorporated, Farmers Capital Bank Corporation, Hawaiian Holdings Inc and Kulicke and Soffa Industries Inc.

The top after-market NYSE gainers Tuesday were: La-Z-Boy, Choice Hotels International, Actuant Corp, Jabil Circuit and Helmerich & Payne. The top after-market NYSE losers were: Chimera Investment, Sunstone Hotel Investors, Gerdau, Scorpio Tankers and Qihoo 360 Technology.

Asian markets rose Wednesday amid speculation that the U.S. Fed will announce monetary easing measures to rejuvenate the economy.

Streaming music service Spotify Ltd. launched a mobile radio feature on Tuesday that connects to Apple Inc.'s (Nasdaq: AAPL) ubiquitous iPhones and iPads, encroaching on the turf of online radio provider Pandora Media Inc. (NYSE: P).

Housing starts fell 4.8 percent in May to an annual rate of 708,000, but building permits climbed 7.9 percent to the highest level in nearly four years, the U.S. Commerce Department said Tuesday. Economists surveyed by Reuters had forecast a reading of 720,000.

The dissolution of Fannie Mae and Freddie Mac, the two largest U.S. mortgage guarantors, would have only a minimal impact on home ownership level, according to a new report that downplays the link between low interest rates and increased ownership.

U.S. stock index futures signal a mixed opening Tuesday as optimism following the Greek election results fades and Spain's increasing borrowing costs raise investor concerns.