The Senate on Thursday looked poised to narrowly approve Ben Bernanke's nomination to a second term running the world's most powerful central bank, despite misgivings over perceived policy missteps.
The Senate on Thursday looked poised to narrowly approve Ben Bernanke's nomination to a second term running the world's most powerful central bank, despite misgivings over perceived policy missteps.
The U.S. Senate on Thursday looked poised to narrowly approve Ben Bernanke's nomination to a second term running the world's most powerful central bank, despite misgivings over perceived policy missteps.
A hacker broke into 49 government websites and laced the compromised sites with expletives towards the US President.
New orders for long-lasting U.S. manufactured goods edged higher in December and the number of workers filing applications for jobless aid fell last week, indicating the economy remains on a recovery path.
Top policymakers warned on Thursday the world economy is not out of the woods and a global recovery is still far from secure, urging caution as central banks work on withdrawing critical support.
(Corrects quote in paragraph 5 to clarify Barry Ritholtz said Obama's speech could be a relief to some traders, not that he finds it a relief.)
President Barack Obama's job-creation program could produce a short-term political boost, but it's unlikely to significantly stem job losses and reduce the unemployment rate anytime soon, according to economists.
MSNBC's commentator Chris Matthews sparked criticism Wednesday night when, while assessing President Barack Obama's State of the Union address, said he forgot the President was black.
Global investors cut back on equities in January in the face of worries about the economy, potentially tighter monetary policy and in reaction to last year's stellar gains.
U.S. President Barack Obama pushed job creation to the top of his agenda and vowed not to abandon his struggling healthcare overhaul after a political setback that raised doubts about his leadership.
New orders for long-lasting U.S. manufactured goods edged higher last month and the number of workers filing applications for jobless aid fell last week, indicating the economy remains on a steady recovery path.
Tech stocks dropped in morning trading on Thursday as financials struggled to keep gains, S&P 500 edges down.
U.S. stocks fell on Thursday after weaker-than-expected data on durable goods and jobless claims fueled uncertainty about the economy's recovery, and outlooks from Motorola and Qualcomm hit tech shares.
Wall St opened flat on Thursday in the wake of the President Barack Obama's State of the Union speech, which had no new plans to tighten Wall Street oversight, as durable goods orders and jobs data offered a mixed picture on the economy.
U.S. stock index futures were higher on Thursday in the wake of President Barack Obama's State of the Union speech, which had no new plans to tighten Wall Street oversight, and after strong results from Procter & Gamble and Ford.
Federal Reserve chief Ben Bernanke's nomination for a second term running the world's most powerful central bank faces a decisive day in the Senate on Thursday when his confirmation vote looks set to go ahead.
Stock futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 rise 0.4 to 0.5 percent, pointing to a stronger start on Wall Street on Thursday.
President Barack Obama said his focus on nuclear disarmament had strengthened U.S. diplomacy in dealing with North Korea and Iran, and he warned Tehran faced growing consequences over its nuclear program.
The U.S. dollar rose to a six-month high against the euro on Thursday, on signs the Federal Reserve is more confident about a recovery, while Asian equities were on track to snap a nine-day losing streak. U.S. stock futures rose during Asian session after U.S. President Barack Obama in an address to Congress had a more moderate tone on restrictions toward U.S. banks.
Stocks rose on Wednesday after the U.S. Federal Reserve pledged to keep interest rates near zero and stock futures signaled more gains ahead after President Barack Obama struck a conciliatory tone on banks in his State of the Union speech.
President Barack Obama vowed on Wednesday to boost jobs growth and impose tough new regulations on Wall Street as he recast his agenda after suffering a devastating political setback.
