President Barack Obama and Senate Minority Leader Mitch McConnell - taking a break from discussing the nation's long term deficits - issued dueling statements on U.S. energy policy over the past several days, referring to changes in rules that could affect oil production, tax subsidies and research into alternative energy.
Gold prices shot up to a new record of $1,512.50 an ounce in New York late on Friday, posting a record weekly gain and maintaining a six-week winning streak. What the gold rally means to the dollar and the American people is obvious from the rush pawn shops see across the United States.
U.S. stocks advanced on Thursday as robust earnings from Apple, Morgan Stanley and General Electric lifted the market, but weaker-than- expected reports on jobless claims and Philadelphia Fed Manufacturing Index kept gains in check.
The top after-market NYSE losers on Thursday are: General Growth Properties, AutoNation, Oceaneering International, Hyatt Hotels, ITT Educational Services, OMNOVA Solutions, Monster Worldwide, U.S. Gold Corp and Timberland Co.
Shares of Select Comfort Corp. (NASDAQ: SCSS) touched a new 2-year high of $17.50 on Thursday, as its first quarter earnings and revenue exceeded Street view.
Silver Prices extended their Dollar gains to 7.7% for this week alone, also reaching new multi-decade and all-time highs vs. the world's other major currencies.
BlackRock Inc , the world's largest money manager, said first-quarter operating profit increased 13 percent as investors poured money into the firm's stock and bond funds.
The top pre-market NASDAQ Stock Market gainers are: TradeStation Group, Biogen Idec, Select Comfort, Datalink, Entegris, Apple, and Qualcomm. The top pre-market NASDAQ Stock Market losers are: ZST Digital Networks, Teva Pharmaceutical Industries, Sina, Lam Research, and Vodafone Group.
US stocks rallied on Wednesday, with the Dow Jones Industrial Average closing near three-year highs, as upbeat earnings from major technology companies’ boosted sentiment for corporate-profit trends.
US stocks rallied on Wednesday, with the Dow Jones Industrial Average closing near three-year highs, as upbeat earnings from major technology companies’ boosted sentiment for corporate-profit trends.
The top after-market NASDAQ Stock Market gainers are: Select Comfort, Plexus, F5 Networks, Datalink, TradeStation Group, Qualcomm, and Apple. The top after-market NASDAQ Stock Market losers are: Lam Research, Sina, Gilead Sciences, Amgen, and Cheesecake Factory.
The resumption of the global risk-on rally late Tuesday illustrates how trends work in the financial markets.
Gold Bullion jumped above $1500 per ounce in London on Wednesday, setting new Dollar and Sterling highs but falling sharply against the Euro as the single currency rose to its highest level since 2009.
Gold prices soared above $1,500 an ounce on Wednesday, setting a new all-time record, even as the precious metal sustained a superb run banking on its value as the preferred safe haven investment in uncertain times.
Details on cost cuts and a deal with Microsoft could cheer up investors when Nokia reports quarterly earnings on Thursday, soothing concerns over continuing market share losses.
For over 70 years the United States has been widely considered AAA top-notch benchmark sovereign risk. Standard & Poor (S&P)'s decision to impose a negative outlook now puts this status under question for the first time, reflecting the unsustainable debt trajectory and risks of policy response gridlock.
A repeat of a corporate tax holiday that found little success in stimulating the economy in 2005 is still a long-shot to jump-start a stagnant U.S. economy, says a University of Illinois expert in corporate and international taxation.
Bank of America Corp plans to spin off its last large private equity fund, with more than $5 billion in assets, and has no plans to make new private equity investments, a company spokesman said on Tuesday.
U.S. stocks rose Tuesday, clawing back some of the previous day's losses as positive earnings news helped buoy shares. The Dow Jones Industrial Average rose 65.16 points, or 0.53%, to finish near the day's highs at 12266.75. The Standard & Poor's 500-stock index added 7.48 points, or 0.57%, to 1312.62 while the Nasdaq Composite gained 9.59 points, or 0.35%, to 2744.97. The gains came one day after the Dow fell 140 points on credit-ratings firm Standard & Poor's decision to lower its ...
Canadian e-reading service provider Kobo Inc said on Tuesday it closed a C$50 million ($53 million) investment round aimed at speeding up expansion and new product development.
The CURRENT SURGE in silver prices worldwide might seem dramatic, but it's more measured - so far, at least - than the true silver bubble that went Bang! in Jan. 1980. Even so, you might as well call this a record price.
U.S. stocks advanced on Tuesday as stronger-than-expected report on new home starts and encouraging quarterly results from Johnson & Johnson buoyed sentiment.