Consumer prices in Morocco fell year-on-year in October, their second drop this year, due mostly to cheaper food, official data showed on Friday.
During famed fund manager Bill Miller's 15-year streak of outperforming the S&P 500, he was often held up as proof that stock picking wasn't just dumb luck. It required skill.
Italian and Spanish government debt yields fell on Friday, as the European Central Bank bought bonds in the secondary market, but held close to unsustainable levels as contagion fears and money market stress raised the pressure for policymaker action.
World stocks fell on Friday, extending an overnight slide, with renewed pressure on Spanish bonds reflecting fears the euro zone's debt crisis was spiraling out of control.
Asian shares fell for a fourth day in a row Friday as Europe's funding difficulties intensified, with Spanish borrowing costs hitting an unsustainable level and premiums for dollar funds rising further.
Asian shares fell for a fourth day in a row and the dollar firmed on Friday as Europe's funding difficulties intensified, with Spanish borrowing costs hitting an unsustainable level and premiums for dollar funds rising further.
Sears Holdings Corp reported a much wider than expected quarterly loss on Thursday as higher markdowns and pricing pressures in appliances squeezed margins, and its shares fell as much as 9 percent.
Delinquent U.S. mortgage payments fell to 7.99 percent in the third quarter, down from 9.1 percent from a year earlier, according to the Mortgage Bankers Assocation.
Delphi Automotive Plc's
shares fell on debut, a day after the former General Motors auto parts unit priced its initial public offering at the low end of its estimated price range.Initial jobless claims fell 5,000 to 388,000 for the week ended Nov. 12, a seven-month low, the U.S. Labor Department announced. If the downtrend continues, it would be, arguably, the best news the U.S. economy has registered this year.
Gold fell to a one week low on Thursday as fears that the euro zone debt crisis could spread from peripheral to core economies kept investors nervous and prompted some to liquidate profitable positions to cover losses in other asset classes.
New U.S. claims for unemployment benefits dropped to a seven-month low last week, a government report showed on Thursday, suggesting the labor market was gaining some traction.
U.S. housing starts fell less than expected in October as a drop in groundbreaking for multi-family units narrowly outweighed more new construction of single family homes.
Sears Holdings Corp's quarterly loss almost doubled as weak demand for gadgets and a reputation for run-down locations hurt sales at the operator of Sears department stores and the Kmart discount chain.
Gold prices fell Thursday as contagion from Europe's sovereign debt crisis began engulfing the continent's once-mighty economies.
Asian shares and the euro fell further on Thursday as doubts deepened about Europe's ability to stop its sovereign debt crisis from spinning out of control, with the region's biggest nations split over the European Central Bank's bond buying role.
Data storage equipment maker NetApp Inc reported a 6 percent dip in fiscal second-quarter profit and forecast lower than expected results for the current quarter as large corporations trim technology spending in a shaky economy.
Consumer prices fell in October for the first time in four months, taking pressure off strapped households and giving the Federal Reserve more room to ease monetary policy if the economy falters.
Gold extended an earlier slide on Wednesday in its largest one-day fall this month as the escalating euro zone debt crisis kept the euro near one-month lows against the dollar, making it more attractive to non-U.S. investors to sell bullion.
U.S. stock index futures fell on Wednesday as policymakers warned Europe's debt crisis posed dangers to the global economy and on growing signs the contagion was starting to spread to larger European nations.
Applications for U.S. home mortgages dropped last week, erasing the gains of the week before as demand for refinancing evaporated, an industry group said on Wednesday.
Asian stock markets ended lower on Wednesday, as concerns about Europe’s debt crisis offset better-than-expected reports on U.S. economy Tuesday.
