US Initial Jobless Claims Rise To 382,000 - Higher Than Expected
The four-week average of initial U.S. jobless claims rose last week to its highest level in nearly two months, yet another indication of the nation's anemic job creation ability.
US Stock Futures Signal Lower Open Ahead Of Fed Decision
The U.S. stock index futures point to a lower open Thursday as investors maintained a cautious mode ahead of the Federal Reserve meeting in which there is the likelihood of another round of quantitative easing measures to be announced to invigorate the economy.
US Homebuilder Stocks Surge, But Will It Last?
One of the best-performing sectors this year was also one of the hardest hit by the recession: homebuilders, whose stocks have outpaced the broader market with a modest rebound in home prices and increased demand for properties, but much of recovery has unevenly benefited the luxury sector.
Dutch Parliamentary Elections: Will Far-Right Freedom Party Defy Polls Again?
Far-right Dutch politician and leader of the ultra-conservative Freedom Party (PVV) Geert Wilders formerly established his party in parliament on a platform of Islamophobic anti-immigration, and now seeks to turn nationalist sentiment against the eurozone amid frustrations with debt-laden countries like Greece, Italy and Spain. Poll indicate his party will lose seats this election, but it has defied expectations in the past.
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Railroad Cargo Growth Slows, And Execs Are Cautious About Pre-Holiday Shopping
Railroad executives said Wednesday that they are not expecting strong growth in cargo volume in the pre-holiday shopping season, but most future holiday gifts are delivered by trucks.
US Stock Futures Signal Lower Open On Stimulus Uncertainty
U.S. stock index futures pointed to a lower open Wednesday as investor confidence continued to be weighed down by high degree of uncertainty about policymakers announcing stimulus measures to revive economic growth momentum.
Stimulus Expectations Buoy US Stock Futures
The U.S. stock index futures point to a higher open Tuesday as market sentiment was underpinned by expectations that policymakers around the world will announce stimulus measures to rejuvenate the economic growth momentum.
US Stock Futures Signal A Higher Open Before Bernanke Speech
U.S. stock index futures point to a higher open Friday ahead of Federal Reserve Chairman Ben Bernanke's speech at the Jackson Hole symposium where he is expected to announce another round of monetary easing.
Asian Shares Fall To 4-Week Low Before Bernanke Speech; Japan Data Weighs
Asian shares fell Friday as investors cooled expectations that U.S. Federal Reserve Chairman Ben Bernanke will offer any signal of a further monetary stimulus when he speaks at an annual meeting of central bankers later in the day.
Bankrupt American Airlines Seeks OK For Big Lawyer Fees As It Seeks More Worker Pay Cuts
American Airlines' bankrupt parent AMR Corporation (PINK:AAMRQ), which is arguing in federal court it needs hundreds of millions of dollars in contract concessions from its employees in order to survive as a going concern, is planning to spend hundreds of thousands of dollars to entice a small group of hedge funds to invest in the company.
US Initial Jobless Claims Unchanged At 372,000, Higher Than Expected
More Americans than forecast filed applications for new jobless benefits last week, the Labor Dept. said Thursday, suggesting that the labor market is barely healing.
Global Economic Concerns Weigh Down US Stock Futures
The U.S. stock index futures point to a lower open Thursday as investors continue to have concerns about the weakening global economy and worsening economic growth momentum.
US 2Q GDP Revised Up To 1.7%, Stock Futures Point To Slight Gains
The U.S. economy expanded slightly faster than initially thought in the second quarter, but the pace of growth is still too slow to create enough jobs and drive down the unemployment. Economists are forecasting even slower growth in the second half of 2012, which will probably keep expectations of additional monetary stimulus from the Federal Reserve intact.
Boeing, Airbus Battleground Shifts To Asia-Pacific
As the deepening sovereign debt crisis in Europe dampens air travel demands in the region, the world's two largest airplane makers, Boeing Co. (NYSE: BA) and Airbus S.A.S. (EPA: EAD), are now bringing their fierce competition to the Asia-Pacific skies.
US Stock Futures Signal Slightly Lower Open Ahead Of Bernanke's Speech
The U.S. stock index futures point to a slightly lower open Wednesday as investors remained cautious waiting for Federal Reserve Chairman Ben Bernanke to announce monetary easing measures at the Jackson Hole symposium later this wee
US Stock Futures Signal Slightly Higher Open As Investors Remain Watchful
The U.S. stock index futures point to a slightly higher open Tuesday as investors follow a waiting strategy anticipating that the Federal Reserve will soon announce stimulus measures to rejuvenate the economic growth.
US Stock Futures Signal Mixed Open As Investors Await Easing Measures
U.S. stock index futures point to a mixed open Monday as investors remained cautious waiting for the Federal Reserve to announce monetary easing measures to revive economic growth momentum.
US Stock Futures Signal Flat Open Ahead Of Goods Orders Data
The U.S. stock index futures point to a flat open Friday ahead of the Census Bureau's durable goods orders data.
US Initial Jobless Claims Rises To 372,000, Highest Level In 5 Weeks
The number of Americans lining up for new jobless benefits rose more than expected last week, the Labor Department said Thursday, suggesting little improvement in the labor market.
China, Fed Easing Hopes Buoy US Stock Futures
The U.S. stock index futures point to a higher open Thursday as investor sentiment was lifted by expectations that policy makers around the world would announce monetary easing measures to regain the economic growth momentum.
Platinum At 4-Month High On South African Labor Strife
Platinum rose to its highest level since early May on Wednesday and was set for its biggest weekly gain in 10 months as spreading labor unrest in top producer South Africa cast doubt over output for the year.
Bank Of America Exits Debt-Protection Products Amidst Industry Scrutiny
Bank of America Corp. (BAC) discontinued credit protection services to customers as it came under scanner for allegations of customer enrollments through improper practices and charging customers without consent. A class action suit is reportedly pending against BAC on the issue.
Disappointing Japan Trade Data Weighs Down US Stock Futures
U.S. stock index futures pointed to a lower open Wednesday as investor confidence was weighed down by the report that Japan returned to trade deficit in July indicating a soft global demand and weakening economic growth momentum.
Peru Declares State Of Emergency Over Lethal Anti-Mining Violence
Peru's government on Wednesday began a 30-day state of emergency to help it gain control of chronic violence against mining companies, most recently a riot that left three people dead and many wounded.
US Stock Futures Signal Higher Open As Monetary Easing Hopes Persist
U.S. stock index futures point to a higher open Tuesday as investors maintained hopes that central banks around the world would soon announce monetary easing measures to regain the economic growth momentum.
Apple's Market Value Beats Microsoft Record During 1999 Bubble
Apple Inc's market value climbed past $623 billion on Monday, surpassing the record set by Microsoft Corp during the heyday of technology stocks in 1999.
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