McDonald's Corp on Monday reported a 5.1 percent increase in May sales at restaurants open at least 13 months, with demand strong in Europe and Asia/Pacific.
The 10-year U.S. Treasury yield hit a seven-month high on Monday ahead of fresh supply this week and because of speculation the Federal Reserve may have to raise interest rates sooner than anticipated.
U.S. employers cut 345,000 jobs last month, the fewest since September and far less than forecast, according to a government report on Friday that was more evidence the economy's severe weakness was diminishing.
Fewer U.S. workers filed new claims for jobless benefits for a third straight week last week and productivity rose faster than expected in the first quarter, data showed on Thursday, supporting budding hopes that the recession is losing force.
Fewer U.S. workers filed new claims for jobless benefits for a third straight week last week and productivity rose at a stronger-than-expected pace in the first quarter, data showed on Thursday, supporting budding hope that the recession was losing force.
U.S. stock index futures rose on Thursday after data showed the number of people filing new jobless claims declined for a third straight week.
Asian equities fell from eight-month highs on Thursday, led by commodity-related shares, after disappointing U.S. private employment and services sector data led investors to trim over extended bets.
Asian equities and metals prices slipped on Thursday, after disappointing U.S. private employment and services sector data led investors to trim over extended bets and look for better points to buy again.
Planned layoffs at U.S. firms fell for a fourth consecutive month in May, reaching the lowest level in eight months and offering another sign that the United States may be pulling out of a steep economic tailspin.
Modine Manufacturing Co , a maker of heating and cooling systems for vehicles, posted a wider quarterly loss, hurt by the economic downturn and low production rates in the auto parts industry.
Despite Memorial Day sales, warmer weather and deals such as $1 flip-flops, most U.S. retailers are expected to post declines in same-store sales in May as shoppers kept hunting for bargains in the recession.
The U.S. Treasury Department said on Monday average lending from about 500 banks that have received government capital injections fell $42 billion in March compared to February.
Defaults on privately insured U.S. mortgages fell to a six-month low in April, providing evidence that deterioration in the nation's housing market may be slowing.
Microsoft has announced the new evolution of its Zune player called Zune HD to be available this fall serving high-definition video and high-definition radio.
Prices of U.S. homes in March fell a sharp 18.7 percent from a year earlier, though some relief appeared to be in sight as, for the second month, prices did not slide at a record rate as they had been doing since late 2007.
Prices of U.S. single-family homes fell 18.7 percent in March from a year earlier, while prices in the first quarter dropped at a record pace, according to the Standard & Poor's/Case-Shiller Home Price Indices released on Tuesday.
The world grouping OECD said on Friday the global economy was out of free fall, offering hope of recovery late this year, but investors focused on risks to the U.S. credit rating from rising government debt.
Cheap valuations and glimmers of economic recovery are tempting cash-rich technology companies to seek acquisitions, and the second half of 2009 could see some steady dealmaking.
World economic grouping OECD said on Monday the global economy had come out of free fall, offering hope of incipient recovery late this year to investors and markets unnerved by rising U.S. government debt.
The dollar fell on Friday to its weakest level in five months against major currencies on fears that the United States would lose its AAA rating, while Asian stocks skidded on fears that any recovery in the global economy will be sluggish.
Dental equipment distributor Patterson Cos Inc. reported lower-than-expected quarterly results as sales fell at two of its key businesses, and the company forecast a weak fiscal 2010, sending its shares down 11 percent.
Video game retailer GameStop Corp said on Thursday its first-quarter profit rose 13 percent, driven by sales of popular titles like Resident Evil 5 and Street Fighter IV, but same-store sales fell more than expected.
