ECONOMY & MARKETS

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European Stocks Open With Drop, Following Asia

Global stocks ceded more ground Friday, hurt by mounting concerns the U.S. economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of another banking crisis.

U.S. Treasuries Rise in Asia

China urges U.S. to boost confidence in dlr, treasuries
U.S. Treasuries rose in Asia on Friday, supported by weakness in global equities and concerns about the U.S. economy's outlook, but profit-taking helped temper gains as the 30-year yield dipped near a 2- year low hit the previous day.
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Storm Clouds Overhead

Dow Theory: Sell Stocks Now

The Dow Theory confirms what the market is demonstrating today: It’s time to sell stocks as the economy barrels towards another recession
U.S. Stock Market

Stock Market Plummets, When Does NYSE Pause Trading?

The Dow Jones Industrial Average took a nose dive during Thursday trading, dropping more than four percent at times during trading. As the stock markets dropped across the board it raises the question -- at what level do circuit breakers cut in to stop a stock market from crashing?
Double Dipping.

Stocks Plummet ? A New Recession?

Stocks tumbled in New York after the opening bell this morning, prompting fears that America is heading into another deep economic recession.
Double Dipping.

Stocks Plummet – A New Recession?

Stocks tumbled in New York after the opening bell this morning, prompting fears that America is heading into another deep economic recession.
Swiss Franc banknotes of several values lie on a table before being sorted in a money counter in a Bank in Zurich

Growth Worries Hobble Stocks; Swiss Franc Slips

European equities followed Asian stocks lower Thursday as investors fretting about the global growth outlook cut exposure to riskier assets, while the Swiss franc fell on talk the central bank was intervening in the forwards market.
A Swiss National Bank logo is pictured on the SNB building in Bern

Asian Stocks Fall, Swiss Franc Holds

Asian stocks fell Thursday on profit-taking by nervous investors, while the Swiss franc stayed firm after plans to curb the currency disappointed those looking for more drastic action.
TSX ''stars align'' as resources, banks rise

TSX "stars align" as resources, banks rise

Toronto's main stock index jumped more than 1 percent on Wednesday morning as rising commodity prices and healthy U.S. earnings pushed euro zone fears to the background and boosted risk appetite.
Canada cuts growth forecasts as Europe, U.S. sag

Carney, Flaherty to offer clues on Canada economy

Canadian policymakers could provide important clues about spending plans and interest rates on Friday when a rare midsummer parliamentary committee meeting examines market instability and foreign debt crises.
Factory, housing data flash warning signal

Factory, housing data flash warning signal

Canadian manufacturing sales slid more than expected in June, while sales of existing homes were flat in July, data on Tuesday showed, offering new signals that the Canadian economy is slowing.
The Situation

Abercrombie & Fitch Tells 'The Situation' to Stop Wearing its Clothes, Stock Price Drops

Clothing retailer Abercrombie & Fitch saw its stock price drop nearly 10 percent Wednesday after it asked Michael Sorrentino, "The Situation," of "The Jersey Shore" not to wear its clothes. This was the first trading session after the company publicly offended the young man by offering him and his co-stars "substantial payment" to stop wearing Abercrombie & Fitch clothes.
The Facebook logo is shown at Facebook headquarters in Palo Alto

Research Shows ?Facebook Fatigue?

New research from Global Web Index shows sharp declines among Facebook users in some of the world's biggest markets including the United States, Canada and the United Kingdom.

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