IBT Staff Reporter

61411-61440 (out of 154953)

Stock futures flat ahead of payrolls report

Wall Street equity futures were little changed on Friday, a day after U.S. stocks suffered their worst selloff since the middle of the financial crisis in early 2009 and ahead of the critical payrolls report.

Insight: Jaded traders ask What, another crisis?

When Charles Berry started his career as a bonds trader in 1993, he used to draw point and figure charts on pieces of paper. He checked his old charts recently to remind himself how calm markets were in those days. Back then, it took three months for a price to move 200 ticks -- the measure traders use to show changes in futures or currency markets. Now the market moves 400 ticks in a week.

Will Thailand?s Yingluck Suffer Same Fate as Indonesia?s Megawati?

The Thai parliament elected the nation's first female Prime minister, Yingluck Shinawatra , on Friday. Ten years back another South East Asian country had elected its first female president. Megawati Sukarnoputri became Indonesia's first female president in 2001. Both women have a somewhat similar background. Will both share the same fate too?

Stock futures lower ahead of payrolls report

Wall Street equity futures were lower on Friday ahead of the critical payrolls report, a day after U.S. stocks suffered their worst sell off since the middle of the financial crisis in early 2009.

Apple vs. Samsung: The Legal Battle

In one of the world's biggest lawsuits, Apple Inc has sued Samsung Electronics for slavishly copying the 'look and feel' and 'design' of its products iPad tablet and iPhone smartphone. Both Samsung and Apple entered into a legal battle over patent infringement in the month of April 2011. Samsung counter sued Apple in 4 countries in 3 different continents.

Japan signals readiness to intervene again; market jittery

Japan's finance minister said he was closely watching yen moves on Friday, signaling a readiness to continue selling the currency after intervention on Thursday that likely totaled a record amount around 4.5 trillion yen ($56 billion).

Timeline: United States Budget Allocation for NASA

NASA's achievements are commendable considering its results between 1960 and 1970, especially for putting men on the moon. However, NASA's recent performance and its discoveries are considered to be of no practical value for mankind. There are various other causes that require funds in the United States rather than allocating more funds for NASA.

China, Japan urge global talks on economic crisis

China and Japan called for global cooperation on Friday after a financial market rout signaled fear that Europe's debt crisis could spin out of control and the U.S. economy may slide into another recession.

Greece and Ireland push RBS to $1.1 billion loss

Royal Bank of Scotland slid to a pretax loss of 678 million pounds ($1.1 billion) in the second quarter, bruised by writedowns on Greek government bonds and Irish customers struggling to repay loans.

Disapproval of U.S. Congress Hits Record High: Poll

A record 82 percent of Americans say that they disapprove of the way Congress is doing its job, compared with 14 percent who approve, according to a New York Times/CBS News public opinion poll published on Thursday.

Online jobs index dips in July, gains from year ago

A gauge of online labor demand in the United States grew in July compared to a year earlier, but dipped on a monthly basis as the need for employees slowed in the summer months, a private research group said on Friday.

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