New claims for unemployment benefits fell by 15,000 last week in the latest sign the labor market was improving and could help the country resist the effects of a likely Eurozone recession.
Stock index futures fell on Thursday as renewed concerns about the euro zone's financial health pushed down the euro and European shares.
Verizon Wireless expects to report a decline of up to 6 percentage points in its fourth quarter gross profit margins on strong sales of the Apple Inc iPhone and other devices, according to a top executive for its parent company.
Verizon Wireless said it expects to report a decline of up to 6 percentage points in its fourth quarter profit margins as costs rose on strong sales of Apple Inc iPhone and other devices.
Stock index futures fell on Wednesday after a sharp market rally in the previous session, as investors focused again on Europe's debt problems.
U.S. stock index futures fell on Wednesday after a sharp market rally in the previous session, as investors focused again on Europe's debt problems.
U.S. stock index futures fell on Wednesday after a sharp market rally in the previous session, as investors focused again on Europe's debt problems.
Stock index futures fell on Wednesday after a sharp market rally in the previous session, as investors focused again on Europe's debt problems.
Acme Packet Inc forecast a fourth quarter that lagged analysts' estimates and cut its 2011 outlook on concerns of crippled capital spending budgets at its telecommunication customers in North America.
An analysis released Tuesday by Morgan Stanley analyst Adam Parker suggesting U.S. equities will finish the year more than 8 percent lower than where they began is making those who follow the American stock market nervous. And for good reasons.
In something out of a horror movie, 100 dead birds fell from the sky in Beebe, Arkansas, on Dec. 31 New Year's Eve, mere hours before the clock struck 2012.
Italian bond yields fell from recent record highs at auction on Thursday but cautious investors still demanded a near 7 percent yield to buy 10-year paper, a level seen unsustainable over time for the euro zone third-largest economy.
Stocks fell on Wednesday as thin trading volumes discouraged investors from resuming last week's rally while oil prices eased after Iran's threat to close the Gulf was written off as rhetoric.
Stocks fell on Wednesday as thin trading volumes discouraged investors from resuming last week's rally while oil prices eased after Iran's threat to close the Gulf was written off as rhetoric.
Gold fell on Wednesday, tracking industrial metals and equities lower, as concerns about global economic growth and Iran's threat to stop the flow of oil kept investors on the sidelines.
Gold prices declined Tuesday as investors sold ahead of the expiration of January options contracts in one of the lightest trading weeks of the year.
Recent reports have indicated that the iPhone 5 could hit markets in the summer of 2012, but Boy Genius Report wrote on Tuesday that the new phone won't be available until the fall.
Consumer confidence rose to an eight month high in December as households grew more upbeat about job prospects, but other data showed the housing market likely remains a drag on economic growth with house prices falling 3.4 percent in the October year.
Single-family home prices fell more than expected in October, data showed Tuesday, raising doubts that recent signs of improvement in the housing market would be sustained.
China's central government will run a smaller fiscal deficit in 2012, according to a report by local media.
New claims for unemployment benefits dropped last week to its lowest in more than 3-1/2 years, suggesting the labor market recovery was gaining speed.
KB Home posted a lower fourth-quarter profit on reduced margins, sending shares down as much as 8.5 percent, but said orders for new homes surged and home prices rose in another sign that the beleaguered housing market was gaining a foothold.
