MARKETS / FINANCE

IBTimes Logo

Global crisis seems near final stage: Israel's Fischer

The global financial crisis appears to be in its final stages, although some countries are still experiencing a recession, Bank of Israel Stanley Fischer said at an International Monetary Fund-World Bank meeting on Sunday.

ECB Nowotny: Will buy bonds until markets stabilize

IBTimes Logo
The European Central Bank will maintain its bond-buying program until financial markets stabilize, ECB Governing Council member Ewald Nowotny told Japan's Nikkei newspaper in an interview published on Sunday.
IBTimes Logo

Japan to review spending to rein in debt

Japan's government will review some of the spending plans pledged by the ruling party as part of an effort to rein in the country's huge public debt, new Finance Minister Yoshihiko Noda said on Sunday.
More news
IBTimes Logo

Great Divide Developing in U.S. Natural Gas

Bentek Energy managing director Rusty Braziel sees a great divide developing in U.S. natural gas. Bentek are one of the leaders in tracking and analyzing American gas pipeline flows. Where gas is flowing, who's using it, and at what price.
IBTimes Logo

Europe and economic data to call stocks' tune

U.S. stock investors will keep a close eye on Europe next week, looking for signs the debt crisis may be stabilizing, while industrial production, housing starts and inflation data may offer more clues on the U.S. economic outlook.
IBTimes Logo

Blockbuster in bankruptcy financing talks: report

Blockbuster is in talks with bondholders to get a $150 million debtor-in-possession loan, a sign the movie rental company could be closer to seeking Chapter 11 protection, the Wall Street Journal reported on Friday.
IBTimes Logo

Retail sales slump but consumer mood perks up

Sales at U.S. retailers unexpectedly fell in May for the first time in eight months, but a jump in consumer sentiment to a near 2-1/2 year high in early June tempered fears of a slowing economic recovery.
IBTimes Logo

Wall Street climbs in late advance on chip makers

Stocks rose in a late rally on Friday as a strong forecast from a chip maker lifted tech shares and helped alleviate concerns about the economy's health after an unexpected drop in retail sales.
IBTimes Logo

Wall Street gains on chip makers in late advance

Stocks rose in a late rally on Friday as a strong forecast from a chip maker lifted tech shares and helped alleviate concerns about the economy's health after an unexpected drop in retail sales.
IBTimes Logo

Goldman's CDO woes mean dollar signs for lawyers

Goldman Sachs Group Inc's mounting legal and regulatory woes stemming from the firm's sale of subprime mortgage-linked securities are turning into gold for a growing number of lawyers in New York and Washington.
IBTimes Logo

Wall Street buoyed by strong tech shares

Stocks rose in light volume on Friday as a strong forecast from a chip maker lifted tech shares and helped relieve concerns about the economy's health after an unexpected drop in retail sales.
IBTimes Logo

Dow and S&P 500 fall on weak retail sales

Stocks mostly fell on Friday, tracking an unexpected decline in retail sales that raised concerns about the health of consumers, a key component of the economic recovery.
IBTimes Logo

Dow, S&P 500 fall on weak retail sales

Stocks mostly fell on Friday, tracking an unexpected decline in retail sales that raised concerns about the health of consumers, a key component of the economic recovery.
IBTimes Logo

Morgan Stanley, JPM may get GM IPO lead role: report

Morgan Stanley and JPMorgan Chase & Co are likely to be the lead underwriters in General Motors' initial public offering, The Wall Street Journal reported on Friday, a role more attractive for its prestige than its fees.
IBTimes Logo

Retail sales push Dow and S&P lower

The Dow and the S&P 500 declined on Friday as May retail sales unexpectedly fell, though a better-than-expected read on June consumer sentiment and strength in tech lifted the Nasdaq.
IBTimes Logo

Dow, S&P slip on retail sales

The Dow and the S&P 500 declined on Friday as May retail sales unexpectedly fell, though a better-than-expected read on consumer sentiment and strength in tech lifted the Nasdaq.
IBTimes Logo

Instant View: Retail sales unexpectedly fall in May

Sales at retailers unexpectedly fell in May for the first time since September, pulled down by a record slump in purchases of building materials, according to a government report on Friday that added to fears the economic recovery was losing some muscle.
IBTimes Logo

Retail sales fall but consumer sentiment strong

Sales at retailers unexpectedly fell in May for the first time in eight months, but a jump in consumer sentiment to a near 2-1/2 year high in early June eased fears of a slowdown in the economic recovery.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.