LONDON

US Stock Futures Point To Mixed Open Tuesday

Traders work on the floor of the New York Stock Exchange on May 1, 2012.
U.S. stock index futures signal a mixed opening Tuesday as optimism following the Greek election results fades and Spain's increasing borrowing costs raise investor concerns.
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Traders work on the floor of the New York Stock Exchange

US Stock Futures Point To Mixed Open Monday

Futures on the major U.S. indices point to a mixed opening Monday as concerns about the euro zone debt crisis undermined the initial optimism following the Greek elections in which pro-bailout parties won the majority.
Iain Duncan Smith

Long-Term Unemployment, Increasing Poverty Plague UK

A tight squeeze on salaries of full-time employees, along with spending cuts and burgeoning levels of part-time employment and long-term unemployment, offsets the decline in overall unemployment, leading to a rise in the number of poor Britons.
OPEC

Oil Rises After OPEC Maintains Current Production Ceiling

Brent crude futures turned positive while U.S. oil extended gains on Thursday after news that OPEC had agreed to keep its collective oil output ceiling unchanged for the second half of the year at 30 million barrels per day, according to a delegate to the conference.
Moody's

Moody's Slashes Spain Debt Rating 3 Notches

Credit ratings agency Moody's Investors Service cut its rating on Spanish government debt on Wednesday by three notches to Baa3 from A3, saying the newly approved euro zone plan to help Spain's banks will increase the country's debt burden.

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