To say that the U.S. stock market had a rough quarter would be like saying invading Germany had a rough retreat from Stalingrad in the winter of 1943 -- stocks closed near session lows Friday, a down day that meant all three major averages plummeted more than 10 percent in the third quarter. Where is the Dow headed from here?
The economy grew in July, the second straight month of expansion, setting the stage for a positive third quarter after the second-quarter's worrying contraction.
Global miner Rio Tinto is fighting a legacy of bad publicity as it tries to persuade the Mongolian public a $10 billion copper deposit it took over from Ivanhoe Mines last year is in safe hands.
Gold rose more than 1 percent on Friday but was on track for its biggest quarterly gain this year as concerns that the euro zone debt crisis was far from resolved weighed on stock markets and the euro, lifting interest in bullion as an alternative.
New Zealand suffered its second ratings downgrade within hours on Friday as Standard & Poor's cut the country's rating by one notch because of its growing foreign debt, after rival Fitch Ratings' had taken similar action.
Spooked by the U.S.' recent budget standoff in Washington and the European debt crisis, U.S. chief executives' view of the economy deteriorated sharply in the third quarter, a survey released on Thursday found.
The finances of Canada's federal government and its 10 provinces are unsustainable over the long term and they will need to either raise taxes or cut spending, in part because the population is aging, the country's budget watchdog said on Thursday.
Climate change will cause damage in Canada equivalent to around 1 percent of GDP in 2050 as rising temperatures kill off forests, flood low-lying areas and cause more illnesses, an official panel said on Thursday.
Two economic reports released Thursday may give encouragement to the U.S. stock market's bull, or those who calculate the market is headed higher -- initial jobless claims plunged 37,000 to 391,000 last week and U.S. GDP in second quarter was revised slightly higher, to 1.3 percent from 1.0 percent.
Ford Motor Co. on Thursday stuck to its target of adding 7,000 jobs in the U.S. over the next two years, saying it sees an economic expansion there and not a double-dip recession.
Stock index futures rose on Thursday after a German vote approving new powers for the euro zone's crisis fund was approved and before data on U.S. economic growth and the labor market.
House prices in the United States are about to end a five-year-long decline but a meaningful recovery is a number of years away owing to a structural deficit in demand, according to analysts.
stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.9 to 1.2 percent.
U.S. Federal Reserve Chairman Ben Bernanke said Wednesday the United States should take a que from robust emerging market economies and support strong GDP growth through responsible fiscal policy.
It's a U.S. economy in which you take the good news where you can get it, and Wednesday the nation received some: President Barack Obama's $447 billion jobs plan would help avoid a recession by maintaining GDP growth and lowering unemployment, according to a new survey of economists.
Home prices in the 20-city Case Shiller Index rose for the fourth straight month in July, but the operative phrase remains: let the buyer beware. Demand conditions in most major U.S. cities remains soft, and even though home prices are attractive now, price retrenchments are possible.
One thing is clear. There's nothing like a gold standard when it comes to analyzing the way the precious metal prices have behaved in the past three months. Gold's decade-long bull run peaked in the last three months when the prices went up by around 30 percent.
India's commodity exchanges are poised for steady growth over the next few years after annual turnover more than quintupled to $2.5 trillion since futures trading started in 2003, but political hurdles hinder more dramatic development.
U.S. new home sells fell in August to a 295,000-unit annual rate, the fourth straight monthly decline for the beleaguered sector. The slump means that housing is likely to be a drag on U.S. GDP for at least the next two quarters, perhaps for longer. New home prices are attractive, but potential buyers should tread carefully: they may drop in many markets.
The Mongolian government will seek to accelerate the timetable to increase its stake in the country's giant Oyu Tolgoi copper-gold project to 50 percent, Mining Minister Dashdorj Zorigt said on Sunday.
Global mining giant Rio Tinto will respond to any request from the Mongolian government to discuss its investment in the country's giant Oyu Tolgoi copper-gold deposit, but still expects the original 2009 agreement to be honoured.
Bankers are bracing for a Greek default, and their best hope is that Europe can erect firewalls around the banking system strong enough and soon enough to prevent it from spreading to other euro-zone countries.
