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Oil

Oil Drops Below $107 After Weak China PMI

Crude oil prices declined in European trade Thursday as sentiment was dampened after reports indicated a sharp slowdown in the Chinese manufacturing activity in March.
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Why Corporate Profit Margins Must Fall [CHART]

It's almost unthinkable that the U.S. government will continue to sustain current levels of spending, and the reduction will lead to diminished profit margins of companies, asset manager James Montier of GMO writes.
Quit Smoking

Deaths From Smoking Triple Over Decade

Tobacco-related deaths have nearly tripled in the past decade and big tobacco firms are undermining public efforts that could save millions, a report led by the health campaign group the World Lung Foundation (WLF) said on Wednesday.
Traders work on the floor of the New York Stock Exchange

Chinese Hard Landing Fears Weigh On US Assets: Daily Markets Wrap

U.S. asset markets sold off Tuesday as investors interpreted new data from China to mean that country's economy might be slowing down faster than previously thought. Of paramount concern was a government report showing new home prices had recently declined in 45 of 70 major cities, with prices static in 21 other metropolitan areas.

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