American International Group Inc
reported better-than-expected quarterly results on Friday and said it had started talks on disentangling itself from the U.S. government, sending its shares up 3.6 percent in premarket trading.Employment probably fell for a second straight month in July as more temporary census jobs ended and private hiring remained too weak to boost a fragile economic recovery, according to a Reuters survey.
When it comes to your job interview, you want to leave it with nothing but positive energy. You want to leave the interviewer thinking that you will most certainly be a positive addition to his or her company.
Stock index futures edged higher on Friday as investors awaited a key report on the labor market to provide direction.
A European Union financial stability fund with the potential to raise up to 440 billion euros ($580.7 billion) to help countries weather debt problems is now fully operational, officials said on Friday.
American International Group Inc reported a quarterly loss on Friday after a year-ago profit as the bailed-out insurer was hurt by a large goodwill impairment charge.
New claims for unemployment benefits unexpectedly rose last week to the highest level since early April, highlighting a weak labor market and the fragile economic recovery.
Stock index futures were little changed on Friday as investors awaited a key report on the labor market to provide direction.
Anyone puzzled by the reluctance of U.S. companies to hire workers in the midst of what looks like a business-led recovery needs to talk to Robert Harvell.
Companies hired more workers in July but the gains are too slow to reduce unemployment and spur the economy significantly, reports showed on Wednesday.
India and China, the power engines of the East, are now the force behind the rising gold demand. If Chinese and Indian customers stop buying the yellow metal, the bullion market will collapse within days. So much is the power of rising middle class in China and India that they are rising in both number and percentage terms dramatically, as these nations are developing on every front.
Crude oil traded near $82 a barrel on Friday before a report expected to show U.S. employment declined in July, as investors watch for clues to the pace of economic and energy demand recovery.
The return of crude's inverse correlation with the U.S. currency has been supporting oil, which has recently failed to track stock markets lower, analysts said. European stocks were little changed on Friday.
The dollar struggled near a 3 1/2-month low versus a currency basket on Friday as investors braced for U.S. data expected to show a fall in jobs for a second month, underlining the fragility of the labor market.
Currencies were generally little changed as traders steered clear of big positions before the much-anticipated data, leaving the dollar stranded close to a three-month low against the euro and an eight-month trough versus the yen hit earlier this week.
Stock index futures pointed to a slightly higher open on Wall Street on Friday ahead of U.S. monthly jobs data.
A healthier loan book drove higher second-quarter profits at Royal Bank of Scotland , echoing a pattern set by rivals' results this week, and the bailed-out group said its revival plan was on track.
Gold prices advanced towards its biggest weekly gains in two months as traders await a key US data for more clues.
Gold for immediate delivery was seen trading at $ 1195.43 an ounce at 12.00 noon Singapore time while U.S. gold futures for December delivery was at $1198 an ounce. on the comex division of Nymex
Lower impairment losses helped Royal Bank of Scotland's second quarter operating profit rise from the first quarter, and the part-nationalized group expected good medium-term prospects for its business.
The European Central Bank supports temporary bans on naked short selling of European credit default swaps and shares in extreme market conditions, but has warned against permanent action to stop shorting.
U.S. employment probably fell for a second straight month in July as more temporary census jobs ended and private hiring remained too weak to boost a fragile economic recovery, according to a Reuters survey.
Crude oil prices were steady on Friday near $82 before a report expected to show U.S. employment declined for a second straight month in July, as investors watch for clues to the pace of economic and energy demand recovery.
The dollar was on the defensive near a 3- month low against a basket of currencies after weak U.S. jobless claims figures heightened worries that Friday's payroll data could paint a bleak picture of the U.S. economic recovery.
A weak reading could fuel talk that the Federal Reserve may consider additional easing steps as early as next week, which could put pressure on the dollar particularly against the yen, given the pair's recent strong correlation with U.S. Treasury yields.
Google Inc, which runs the world's most popular Internet search engine, was ordered to defend itself against a lawsuit by a former manager who said he was fired for being too old, clearing the way for a trial.
Demand for higher yielding assets dampened on concern China's bank stress tests will reveal losses, softening the Australian Dollar during Asia.
The AUD traded quietly overnight, within its recent range as investors remained sidelined ahead of US payrolls data tonight.
Regulators halted closed-door negotiations about net neutrality rules with phone, cable and Internet companies on Thursday after reports of a side deal between two participants, Verizon Communications Inc and Google Inc, surfaced.
Goldman Sachs Group Inc is considering two options for its main proprietary trading group as it tries to comply with a new U.S. financial reform law, sources familiar with the process said.
Stocks edged lower on Thursday as an unexpected rise in initial jobless claims and unimpressive July retail sales dimmed optimism ahead of the monthly payrolls report.
In a world of monster fiscal deficits, Canadian Finance Minister Jim Flaherty has a luxury problem: The strong economy is pushing up his currency.
Any industry agreement on the flow of online traffic such as the one struck between Verizon Communications Inc and Google Inc must preserve a free and open Internet, the top U.S. communications regulator said on Thursday.
Stocks slipped on Thursday as an unexpected rise in initial jobless claims and unimpressive July retail sales highlighted the uneasy economic climate ahead of tomorrow's payrolls report.
