GE, SunTrust, Schlumberger: 28 Earnings Reports To Watch, Jan 15-18
The financials sector is expected to have led all sectors in earnings growth during the fourth quarter of last year.
Greek Unemployment Hit New High In October: Recession May Last Through 2014
Greece's unemployment rate climbed to a record of 26.8% in October, with young people suffering most, amid a recession entering its 6th year.
Weak German Industrial Production Indicates Another Recession
The euro area’s slump is leaving its mark on Germany, Europe's largest market - fueling fears it will fall into its first recession since '09.
ECB Interest Rate Cut Unlikely At January Meeting; Challenges Await In 2013
Despite small rise in sentiment in December, the latest euro zone data still presented a decidedly downbeat economic picture.
Small-Business Owners Have Virtually Zero Confidence In Economy: National Federation Of Independent Business
Fiscal policy concerns slashed U.S. small-business confidence in December and November to levels typically seen in a recession.
China December CPI Inflation Likely To Rebound, Trade Growth To Remain Soft; 2013 Will Probably Be Another Difficult Year For The Chinese Economy
The world's second-largest economy has stopped slowing, but the first year under the new leadership will not be easy.
Softening Of Basel III Capital Bank Rules Should Not Be Significant
Concessions are unlikely to have a big impact on the outlook for bank lending or economic growth.
US Trade Deficit, ECB Interest Rate Decision, China December Data: Economic Events For Jan 7-11
The U.S. trade deficit likely narrowed in November, and the euro-zone recession probably worsened at the end of last year.
US December Jobs Report 2012: Post-Cliff Uncertainty Lingers, Fed Likely To Stay Course On Easing
The report revealed a lackluster labor market, flat unemployment and a holiday shopping season that may have been a dud. What's the Fed to do?
Alcoa, Monsanto, Wells Fargo: Earnings Reports To Watch, Jan 8-11
The fourth-quarter earnings season is right around the corner. Here's your handy clip-and-save earnings watchlist for this week.
US December Jobs Report 2012: Unemployment Rate To Hold Steady; Payrolls To Show Growth And Cap A Solid Year
The unemployment rate may have held at 7.7 percent in December -- the lowest since December 2008.
US, UK, Asian Manufacturing Revives In December, While Euro Zone Factories Struggle
An improvement in global sentiment should boost factory sectors in most countries in the coming months, but a strong rebound is unlikely.
Fiscal Cliff Impasse Won’t Change US Sovereign Rating: S&P
S&P said it believes the same conditions that led it to strip the U.S. of its prized AAA rating in August of last year continue to exist.
General Dynamics, Huntington Ingalls Win $4.5 Billion Submarine Contracts From US Navy
The U.S. Navy awarded submarine contracts worth up to $4.5 billion to General Dynamics Corporation (NYSE: GD) and Huntington Ingalls Industries Inc (NYSE: HII).
Euro Zone Economy Set To Contract Further In 4Q
The euro-zone economy likely contracted further in the fourth quarter and slid deeper into recession.
Overtaxed France Needs More Leeway To Meet Deficit Targets As Growth Sags, Unemployment Rises: IMF
While France weathered the 2008 financial and subsequent euro zone crises relatively well, its recovery has been sluggish.
US Consumer Confidence At Four-Month Low In December
Worries about the fiscal cliff weighed on consumer sentiment in December.
November US New Home Sales Climb To Highest Level Since April 2010
Single-family home sales climb 4.4 percent in November, highest rate in two and a half years.
US Initial Jobless Claims Fall; 4-Week Moving Average Lowest Since March 2008
A less volatile measure of initial jobless claims fell to its lowest level since the early days of the 2007-09 recession.
2012 Year In Review: Major Worker Strikes - Looming US Port Strike, Violent South African Mine Strike And More
From a potential port strike, to the massacre of South African striking miners, 2012 saw tensions rise between workers and companies.
US Holiday Retail Sales Growth - Hurt By Superstorm Sandy, ‘Fiscal Cliff’ - Weakest Since 2008, May Signal Weak 2013
Holiday sales are a crucial indicator of the economy's strength. And an early indicator is lowering the odds for a happy new year.
Three Ways That The Fiscal Cliff And Deficit Talks Could Derail Housing Prices And The Housing Recovery In 2013
Economists are optimistic about the housing recovery, provided Washington can strike a deal that keeps mortgage deductions and exemptions intact.
Top 10 Biggest Job Cuts U.S. Companies Made In 2012
Job cuts this year have been driven by a handful of large-scale cuts. So here's a list of the top 10 major layoff announcements we saw in 2012.
US Economy 2013: If 'Fiscal Cliff' Is Avoided, What About The Debt Ceiling?
The dangerous fiscal deadline isn’t Dec. 31 -– it’s February 2013, when we bump against the debt limit, again.
Housing Data, US Q3 GDP, Bank of Japan Meeting: Economic Events For Dec. 18-21
This week, the economic data releases will take a back seat as the fiscal cliff negotiations dominate the agenda.
Japan’s Deflation Battle: Will The LDP Waste Its Super-Majority?
Shinzo Abe, leader of the LDP, will tackle Japan’s long-running deflation, but maybe not in the robust way necessary to succeed.
FedEx, Oracle, Walgreen, General Mills: Earnings Reports To Watch, Dec. 18-21
Here's your handy clip-and-save earnings watchlist for this week. Walgreen, Nike, Rite Aid and General Mills are also reporting.
Shinzo Abe And Conservative LDP Win Japan Election, With Implications For China Relations
The election result has potentially far reaching implications for the world’s third-largest economy and its relations with China.
Are America's Big Three Automakers Leaving Europe Fast Enough?
Another month of double-digit declines in automobile registrations and ongoing losses don't tell the whole story.
Why Bank Of America Became The Latest Foreign Bank To Leave Japanese Private Banking
Foreign investment banks are finding it hard to generate enough revenues to cover the high costs of doing business in Japan.