Jobless claims and factory data fan recovery fears
New claims for U.S. jobless benefits unexpectedly rose last week, while growth in the manufacturing sector slowed in June, heightening fears the country's economic recovery was stalling.
Goldman says claims against AIG were legitimate
Goldman Sachs officials insisted demands for billions of dollars from insurer AIG ahead of a $182-billion government rescue package were based on legitimate market prices and denied gaming values for a massive payout.
Jobless claims, factory data fan recovery fears
New claims for jobless benefits unexpectedly rose last week, while manufacturing activity slowed in June, heightening fears the country's economic recovery was stalling.
How Realistic Is a Change of US Policy Regarding Israel?
Whoever said it's all about the economy, stupid, got it only partially right. It is indeed all about the economy, or at least half of it is about the economy. The rest is about a country's national interest. Typically, nations act or react to situations involving one of the above-mentioned
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Oil tumbles 4th day on China economic growth worries
Oil fell for a fourth straight day on Thursday, shedding 1.7 percent toward $74, on signs that China's economic growth was slowing, raising concerns about energy demand.
The pace of manufacturing growth in the world's second largest oil consumer slowed in June as government steps to cool the property market and curb bank lending combined with a faltering global recovery.
Obama: Pressing China on currency to make trade fair
U.S. President Barack Obama on Wednesday maintained pressure on China to ensure its currency policy did not give it an unfair export advantage.
Obama: Republicans out of touch over bank reform
U.S. President Barack Obama launched a broad attack against Republican lawmakers on Wednesday, calling them out of touch with ordinary Americans for opposing Wall Street reform and siding with Big Oil.
Democrats make final push on financial reform
U.S. Senate Democrats on Wednesday postponed until mid-July a final vote on a landmark overhaul of financial regulations as they scrambled for crucial support from a handful of moderate Republicans.
Wall Street futures point to firmer open
Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 rose 0.4 to 0.5 percent, pointing to a firmer start on Wall Street on Wednesday, after steep losses in the previous session.
Democrats dump bank tax from financial reform bill
Democrats on Tuesday stripped out a controversial $17.9 billion tax from their landmark financial reform bill in a scramble to win the votes needed to pass it through Congress.
Consumer confidence slumps, home prices rise
U.S. consumer confidence dropped in June after rising for three months, adding to the view the economic recovery is slowing, while home prices unexpectedly climbed in April.
Democrats propose axing controversial bank tax from Wall St bill
Democrats on Tuesday planned to strip out a controversial tax from their landmark financial reform bill in order to win the swing votes needed to pass it through Congress.
Democrats return to drawing board on Wall Street bill
Democrats on Tuesday considered stripping out a controversial tax from their landmark financial-reform bill in order to win the swing votes needed to pass it in Congress.
Consumer confidence drops on job worries
Consumer confidence dropped in June after rising for three months, adding to the view the economic recovery is slowing, while single-family home prices unexpectedly climbed in April.
Delay looms as Wall Street bill seen as too big to fail
Political momentum was expected to carry a sweeping Wall Street reform bill to approval in the Congress, but the death of Senator Robert Byrd threatened to delay final action until mid-July.
Court strikes down part of Sarbanes-Oxley law
The Supreme Court on Monday struck down part of a law to prevent fraud committed by companies like Enron and WorldCom, saying a board to police public companies' auditors violated the Constitution.
Obama endorses plan to boost wireless broadband
U.S. President Barack Obama endorsed on Monday plans by regulators to nearly double the spectrum now available for wireless devices.
G20 summit cheers spared bankers
Bankers voiced relief on Monday after world leaders abandoned a global bank levy and eased the timetable for new capital requirements at a G20 summit in Canada which posed questions about the forum's effectiveness.
Do-little G20 summit cheers spared bankers
Bankers voiced relief on Monday after world leaders abandoned a global bank levy and eased the timetable for new capital requirements at a G20 summit in Canada which posed questions about the forum's effectiveness.
Do-little G20 summit leaves markets unperturbed
Stock markets perked up on Monday after world leaders abandoned a global bank levy and eased the timetable for new capital requirements at a G20 summit in Canada which posed questions about the forum's effectiveness.
Stock futures edge up after G20
Stock index futures edged higher on Monday after global leaders pledged to tackle government deficits and investors looked ahead to earnings and economic data for a rebound after Wall Street's steep decline last week.
Futures gain as G20 leaders agree to cut deficits
U.S. stock index futures rose slightly on Monday after global leaders pledged to cut government deficits and adopted a more flexible timeline for banks to take on new capital rules.
Gold hovers near record as economic fears persist
Gold nosed at last week's record highs on Monday, buoyed by a dip in the dollar in Asian trading and worries about the global economy, although a lack of consumer demand could push prices lower in the near term.
Stock index futures point to mixed open
U.S. stock index futures pointed to a mixed opening on Wall Street on Monday, with futures for the S&P 500 up 0.4 percent, Dow Jones futures gaining 0.3 percent and Nasdaq 100 futures up 0.3 percent at 4:50 a.m. ET.
Gold eyes record peak
Gold ticked higher on Monday, trading less than $10 shy of last week's record high, underpinned by worries about the global economy after the G20 summit and U.S. comments that Iran has fissile material for two atomic bombs.
Stocks eye jobs amid economic worries
Stock investors will anxiously await the crucial June jobs data this week for clues on how the U.S. economy may weather recent storms that drove Wall Street's major indexes down for the year.
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