IBT Staff Reporter

123751-123780 (out of 154953)

Percentage Retracements

Market trends seldom take place in straight lines. Most trend pictures show a series of zig-zags with several corrections against the existing trend. These corrections usually fall into certain predictable percentage parameters. The best-known example of this is the fifty-percent retracement.

Pakistan's war-displaced lament Ramadan in camps

As the Muslim month of Ramadan begins, tens of thousands of Pakistanis forced to flee their homes by war against the Taliban will have no choice but to languish in camps or host families over the religious period.

Bill brushes Bermuda, on path off U.S. East Coast

Hurricane Bill doused Bermuda with rain and battered its shores with powerful surf on Saturday as it moved on a path off the U.S. East Coast, where a tropical storm warning was issued for coastal Massachusetts.

Reversal Day

Another price formation is the key reversal day. This minor pattern often warns of an impending change in trend. In an uptrend, prices usually open higher, then break sharply to the downside and close below the previous day's closing price.

Obama again tackles myths on healthcare reform

President Barack Obama hammered away at outrageous myths about his healthcare reform plans on Saturday, seeking again to take control of a debate that has tarnished support for his top domestic policy goal.

Fed's rate path, inflation aims may clash: economist

The U.S. Federal Reserve's stated intention to keep interest rates exceptionally low for an extended period may conflict with its desire to avoid inflation, an academic economist told central bankers on Saturday.

Afghan election fair, but not free: EU

Afghanistan's presidential election was generally fair but not entirely free because of Taliban intimidation and violence that kept turnout low in the south, European monitors said on Saturday.

Gaddafi hugs Lockerbie bomber; Britain denies deal

Libyan leader Muammar Gaddafi hugged the convicted Lockerbie bomber and promised more cooperation with Britain in gratitude for his release, while London and Washington condemned his hero's welcome home.

Obama to raise 10-year deficit to $9 trillion

The Obama administration will raise its 10-year budget deficit projection to approximately $9 trillion from $7.108 trillion in a report next week, a senior administration official told Reuters on Friday.

Don't get too excited about markets, it's August

Chinese stocks have hit bear market territory, falling more than 20 percent from their most recent peak, and sent shivers across many global financial markets -- but remember, it's August.

GM deal on Opel still possible: German minister

Carmaker General Motors should be able to agree on a buyer for its German unit Opel despite failing to make a decision on Friday, Germany's Economy Minister Karl-Theodor zu Guttenberg was quoted as saying on Saturday.

Hanson to debut new songs on fall tour

Hanson plans to play a bunch of new music for its fans this fall, even though the sibling trio's new album probably won't come out until the spring of 2010.

Billboard singles reviews: Miley Cyrus, Madonna

ARTIST: MILEY CYRUSSINGLE: PARTY IN THE U.S.A.

Robin Williams says he is a

Robin Williams stars in a movie called

Jackson burial postponed, judge approves exhibition

Michael Jackson's family on Friday delayed his burial by five days as a judge ruled that a touring show of his memorabilia could go on and police raided another pharmacy in their ongoing probe of his sudden death.

Philly mayor unveils worst service cuts since 1951

Mayor Michael Nutter detailed on Thursday what he said will be the deepest cuts in public services for more than half a century, needed to balance the fiscal 2010 budget and the city's financial plan for the next five years.

Housing's solid spring, hotter summer

What some expected to be a spring fling for the U.S. housing market turned into a white-hot summer.

Fed official: rates to be kept low past upturn

Financial markets have not fully understood that the U.S. Federal Reserve's pledge to keep interest rates exceptionally low for an extended period means they will stay low beyond when officials normally would raise them, a top Fed official said on Friday.