U.S. stocks were up solidly on Thursday as investors were convinced the latest batch of economic data and falling oil prices could be strong catalysts to move the market higher.
Small U.S. firms began creating jobs in February after years in which employment was shrinking, the National Federation of Independent Business said on Thursday in the latest sign of firming job markets.
The European Central Bank will exercise strong vigilance over rising inflation, President Jean-Claude Trichet said on Thursday, and may raise interest rates as soon as next month.
Bill Gross, co-chief investment officer of PIMCO, the world's biggest bond fund manager, on Thursday urged lawmakers to cut the massive federal deficit but not so swiftly as to choke off the nascent economic recovery.
A spike in commodity costs is making consumers expect higher prices in the short-run, and Federal Reserve officials must make sure longer-run expectations remain under control, a top central bank official said on Thursday.
Following are comments by European Central Bank President Jean-Claude Trichet at a news conference held after the bank's Governing Council kept interest rates at a record low of 1 percent on Thursday.
New claims for unemployment benefits unexpectedly fell last week to touch their lowest level in more than 2-1/2 years, a government report showed on Thursday, slipping further below a key level associated with an acceleration in job creation.
Stocks rallied on Thursday as oil prices slipped and better-than-expected economic data raised expectations of a strong employment report on Friday.
Ireland's prime minister in-waiting Enda Kenny will again press for a cut in the cost of an EU rescue package when he meets with German Chancellor Angela Merkel this week.
New claims for unemployment benefits fell last week to touch their lowest level in more than 2-1/2 years, a sign of acceleration in job creation.
The number of Japanese in their 20s who committed suicide after failing to find a job rose by a quarter in 2010, although overall suicides fell to a nine-year low. Police figures released on Thursday showed 153 people aged 20-29 took their own lives in 2010 because of a failure to find work, with the age group accounting
Adecco (ADEN.VX), the world's biggest temporary staffing company, expects demand to improve as employers seek flexible labour to fill jobs in an uncertain recovery. This year got off to a good start, with sales rising 17 percent organically in January from a year earlier, Chief Executive Patrick De Maeseneire
A new World Bank strategy for Africa unveiled on Wednesday focuses on creating jobs and making economies more competitive, while also tackling problems of climate change, disease, food shortages and conflict.
A monthly gauge of online labor demand in the United States rose 4 percent in February compared with the same month a year ago, led by gains in the utilities and retail sectors, according to data released on Thursday.
The European Central Bank may hike interest rates next month, far earlier than markets expected, though any rise would not signal a series of increases, President Jean-Claude Trichet said on Thursday.
Twitter has no plans to go public any time soon and does not need additional funds because it is making money, the co-founder of the popular microblogging site said.
Gold and Silver Bullion prices fell sharply London lunchtime on Thursday, bouncing 1.5% and 2.3% below this week's record Dollar highs after European Central Bank president Jean-Claude Trichet said a Eurozone rate rise is possible next month.
New claims for unemployment benefits fell last week to their lowest level in more than 2-1/2 years, signaling an acceleration in job creation could be taking shape.
The European Central Bank said on Thursday it could soon raise interest rates, heightening concerns about the implications for struggling euro zone countries as EU leaders strive to find a solution.
The European Central Bank may hike interest rates next month, far earlier than markets expected, though any rise would not signal the start of a series of increases, President Jean-Claude Trichet said on Thursday.
Stocks rallied more than 1 percent in early trading on Thursday as crude oil prices fell and jobless claims dropped to a 2-1/2 year low.
The applications for jobless benefits in the U.S. fell last week to reach the lowest level since May 2008, indicating an improving labor market in the nation.
The European Central Bank held interest rates at a record low of 1.0 percent as expected on Thursday, despite rising inflation fears.
Rupert Murdoch's News Corp took a huge step toward securing its prized $14 billion buyout of BSkyB when Britain accepted its proposals to alleviate competition concerns.
The European Central Bank will step up its anti-inflation rhetoric and may phase out some of its crisis support measures on Thursday as it prepares the ground for an interest rate rise likely later this year.
New claims for unemployment benefits fell last week to their lowest level in more than 2-1/2 years, signaling an acceleration in job creation could be under way.
The European Central Bank will exercise strong vigilance over rising inflation, President Jean-Claude Trichet said on Thursday, deploying a phrase that in the past signaled a rate rise was only a month away.
Stock index futures pointed to a sharply higher open on Thursday as crude oil prices fell and jobless claims dropped to their lowest level in more than 2-1/2 years.
Twitter has no plan to go public in the near future and does not need additional funds because it is making money, the co-founder of the popular microblogging site said.
Stock index futures rose on Thursday after the Arab League said a peace plan for Libya was under consideration, sending oil prices lower.
