U.S. drugmakers Pfizer Inc and Merck & Co posted better-than-expected first-quarter profit and revenue on Tuesday, but Merck gave a 2010 earnings forecast that could fall short of Wall Street's target.
April's jobs report and a slew of other economic indicators may bolster U.S. stocks this week, but jitters over Greece's debt and investigations into Goldman Sachs will test the market's resiliency.
April's jobs report and a slew of other economic indicators may bolster U.S. stocks this week, but jitters over Greece's debt and investigations into Goldman Sachs will test the market's resiliency.
April's jobs report and a slew of other economic indicators may bolster U.S. stocks this week, but jitters over Greece's debt and investigations into Goldman Sachs will test the market's resiliency.
Last month, EIA published its semiannual report on the possible impacts of refinery outages on gasoline and diesel fuel markets for March through June 2010. The report focuses on gasoline because U.S. gasoline consumption typically increases during these months. Historically, large gasoline price increases can occur during the spring and early summer and refinery outages have sometimes played a role in those increases. The same outage during a tight market can have a more significant effect tha...
U.S. consumer confidence firmed to a 1-1/2-year high in April, while house prices rose in February on an annual basis for the first time in more than three years, in fresh signs of a strengthening economy.
Influential Republican Senator Judd Gregg said on Tuesday he expects the Senate to eventually pass a financial reform bill as Democrats moved to force a series of votes to try to open debate on the measure.
U.S. stock index futures pointed to a higher open on Monday on a flurry of merger-and-acquisition activity and after Caterpillar reported stronger-than-expected quarterly profit.
(Reuters) - People who got immunized against the 1976 swine flu epidemic that never happened may have benefited from the shots after all -- they may have been protected from the 2009 H1N1 swine flu strain.
Most consumers think U.S. homes are affordable and the time is ripe to buy as many expect prices to rise in the next year, a new survey showed on Wednesday.
Three Wall Street banks urged a Manhattan federal judge not to lift an injunction on Theflyonthewall.com Inc's quick publication of analyst rating changes, saying the financial news service failed to show the ban threatens its ability to stay in business.
Seven former wealthy U.S. clients of UBS AG were charged on Thursday with filing false tax returns, collectively hiding more than $100 million held offshore in Swiss accounts.
U.S. stocks edged higher on Thursday as a strong profit forecast from United Parcel Service Inc propelled transportation shares, offsetting worries that debt-plagued Greece was ready to use an emergency bailout package.
Silver prices are easier to manipulate than gold as the market is small and its short position is concentrated. However, gold price manipulation is done on a much larger but less noticeable, according to National Inflation Association (NIA), USA. NIA said that CFTC is under pressure not to do anything about the manipulation,because the lower the gold and silver prices are, the stronger the US dollar appears to be. If we saw an explosion to the upside in gold and silver prices, it would result in...
A baby in Florida was born with a rare condition that has left her without eyes.
A lender which claims it is owed millions by the Sex.com domain name operator is asking a U.S. bankruptcy court to dismiss an involuntary bankruptcy case against the company, so it can resume a foreclosure auction, according to new court documents.
Sustained inflation has rised the denomination values of US coins over the years, according to National Inflation Association which has launched 'Coin Melt Values' as a new feature in its website http://inflation.us/coins. It is updated daily with the latest melt values of U.S. coins that are currently in circulation or were previously in circulation. The purpose of NIA's new feature is to demonstrate how over time, inflation makes U.S. coins worth more than their denomination values, a NIA pres...
JC Penney Co Inc was one of the victims of notorious computer hacker Albert Gonzalez, according to unsealed documents made available on Monday by a federal judge in Boston.
By Matt Isaacs and Reuters staffLate last autumn, a Hong Kong jury convicted four men of a conspiracy to commit bodily harm and a fifth of soliciting a murder.
The Dow industrials could hit 11,000 this week as investors bet the U.S. labor market had a significant turnaround in March, showing the economic recovery is in good shape.
The Dow and S&P ended flat on Friday, giving back earlier gains after the sinking of a South Korean naval ship, while tech shares' weakness kept the Nasdaq in slightly negative territory.
Stocks advanced on Friday as a standby aid package announced by euro zone leaders eased worries about Greece's debt problems and U.S. consumer sentiment data signaled the recovery was intact.
