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US futures decline after jobs data

Traders work on the floor of the New York Stock Exchange
Futures on major U.S. stock indices point to lower on Friday after a government report showed that the unemployment rate unexpectedly increased in November.
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Traders work on the floor of the New York Stock Exchange

US futures pare gains after jobless claims

Futures on major U.S. stock indices point to higher opening on Thursday but pared earlier gains after the Department of Labor reported that weekly jobless claims climbed last week.
View of barbed wire fence at the Auschwitz ' former Nazi death camp in Poland, August 1978

U.S. provided a safe haven for Nazi war criminals: Report

The U.S. government had been secretly sheltering Nazi war criminals for several years and has clashed with other nations over their fate, a 600-page report, which the Department of Justice has tried to keep hidden from the public, reveals.
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Totally Standard Hyperinflation

No central bank ever began a hyper-inflationary policy because it feared inflation. Such disasters always come because of vanished credit and economic depression. And whether in Germany nine decades ago, or in Argentina twenty years back, or in Robert Mugabe's Zimbabwe around the turn of this century, stuff actually gets cheaper - not more expensive - in real terms during hyperinflation.
US traders.

US futures extend gains after ADP report

Futures on major U.S. indices extended earlier gains on Wednesday after ADP reported that private-sector employment recorded the largest gain in three years in November.
US Traders

US futures up ahead of economic data

Futures on major U.S. stock indices point to higher opening on Wednesday, the first trading day of December, ahead of a wave of economic data including ADP national employment report.
Traders work on the floor of the New York Stock Exchange

US stocks set to open lower

Futures on major U.S. stock indices point to a lower opening on Tuesday as renewed concerns about European sovereign debt crisis weighed on sentiment.
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Gold Price: From Diwali to the New Year in China

Surging demand from China, the world's second-largest gold buyer, is changing seasonal patterns in Gold Price trends for investors everywhere. At this current pace, private Chinese demand may overtake India's by 2014 (if not sooner).
Traders work on the floor of the New York Stock Exchange

US stocks plunge on eurozone concerns

US stocks declined in early trade on Monday as the European Union’s 85 billion euro ($113 billion) financial assistance package for Ireland failed to boost investor sentiment.
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Gold Hunger in China further bolstered by approval of first Gold Fund

Now institutional investors in China can join the gold buying frenzy as well, which retail investors and the Chinese central bank are already engaged in. China approved the country's first mutual fund that bets on gold prices, as inflation fears fuel demand for the precious metal.
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US futures point to flat opening

Futures on major U.S. indices point to flat opening on Monday as the European Union’s 85 billion euro ($113 billion) financial assistance package for Ireland failed to boost investor sentiment.
Precious metals and USD index as on November 24

PRECIOUS ROUNDUP- Silver set to be best performer in November

The week to November 24 was marked by tensions in Korean peninsula that prompted investors to flee from risky assets to safer avenues like US dollar and gold, helping the yellow metal outshine its colleagues in the precious group. However, silver and palladium remained strong in the month, mainly helped by demand for cheaper alternatives in jewelry and industrial applications.
Traders gather around the General Motors trading post on the floor of the New York Stock Exchange

Stocks sink on Korea, euro debt worries

Stocks tumbled in a holiday-shortened session on worries over threats of war by North Korea and pervasive fears that the euro zone sovereign debt crisis may spread to Spain and Portugal. Apparently, traders saw little solace in what appears to be shaping up as a strong Black Friday on the retail front.
Crude in recent years

CRUDE OIL- Strategy more fundamental than technical

Performance of the US dollar, Europe's periphery issues, inflation in developing world, consumption by developed ones, and of late, tensions in Korean peninsula- a lot of things are weighing on oil. The net result in recent weeks was positive for the greenback and therefore negative for oil. Still, the commodity is set to end this week with a positive note despite losing more than a dollar from its intra-week high by Friday. So, what is the trend? Where is oil heading?
A turkey looks around its enclosure at Seven Acres Farm in North Reading, Massachusetts, November 24, 2010, one day before the Thanksgiving holiday in the U.S.

The bird is in the house

That homegrown American genius and Founding Father Benjamin Franklin was of the opinion that the national bird should be the turkey. The other Founding Fathers overruled him, obviously. Nonetheless, the turkey has in a way become the nation’s bird – the one most Americans want perfectly cooked and centerpiecing their tables for the two biggest feasts of the year.

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