This backdrop of the weakening of the global economy could promote a broad round of coordinated central bank easing.
The growing scarcity of sterile, injectable drugs is one of the biggest issues confronting hospitals across the country, and will be a key issue at the annual American Society of Clinical Oncology meeting in Chicago this weekend.
Following a high-volatility period over that past few days that has seen the political situation in Greece worsen, highly disappointing economic data prints in the U.S. and China and -- most prominently -- a surprise banking crisis in Spain, U.S. Treasuries have been hitting historically low yields on a daily basis. Lawrence Dyer, a New York-based rates strategist for British giant bank HSBC says should soon fall to 1.32 percent or lower.
In an attempt to speed up economic recovery and to fast track investments, the government of India has approved setting up of an investment tracking system.
As the risk of a messy Greek exit from the euro and a general breakup of the euro zone spark global slowdown fears, panicked investors have fled the troubled euro to safe havens such as U.S. treasuries and, crucially, the dollar.
Futures on major U.S. indices point to a lower opening Friday ahead of the anticipated Bureau of Labor Statistics' Nonfarm Payrolls report, the Institute of Supply Management (ISM)'s Manufacturing Purchasing Managers Index (PMI) report, and ADP's Personal Income report.
China's manufacturing activity grew at a slower pace in May compared to the previous month, increasing concerns over a slowdown in the economic growth of the country.
Asian markets fell Friday amid increasing concerns over the slowdown in economic growth in China as the country's manufacturing activity grew at a slower pace in May compared to the previous month.
Asian shares eased Friday, with China's factory activity data and a U.S. jobs report due later in the day making investors cautious as the escalating euro zone debt crisis threatened to further undermine growth worldwide.
With a massive smart grid build-out, Beijing hopes to turn its grid into a competitive advantage.
It was strange not to see Steve Jobs fill one of the iconic red executive chairs at the D10 Conference in Rancho Palos Verdes, Calif., hosted by All Things Digital's Walt Mossberg and Kara Swisher, but current Apple CEO Tim Cook did his best to fill the massive vacancy left by Jobs with some heartwarming stories about Steve, his life at Apple, and some encouraging signs that the world's most valuable technology company is moving in the right direction.
Microsoft?s Windows 8 Release Preview will launch today, May 31st according to tech news source Neowin. An accidental blog post published by Microsoft, which was almost immediately taken down, revealed the date.
India's economic growth slumped to its lowest level in nine years in the first three months of 2012, marking a dramatic slide in the fortunes of a country whose economy was boasting nearly double-digit growth before the global recession.
Corroborating the fears of an economic slowdown, India's economic growth slumped to 5.3 percent, a nine-year-low in the fourth quarter ending March 31, according to a Thomson Reuters data. The growth rate was 9.2 percent in the same period a year earlier.
Industrial commodities and global stocks fell sharply Wednesday as evidence mounted that the global economy's highfliers are dangerously close to stall speed. Yields on 10-year Treasuries tumbled to a record low 1.64 percent.
Too many leaked parts. Too many missing phones. Whatever the real reason is, Apple CEO Tim Cook wants to double down on secrecy on products coming out of Cupertino. Cook's announcement at the D10: All Things D Conference would make Apple fans, as well as the late Apple founder Steve Jobs, very proud.
Apple Inc Chief Executive Tim Cook said he would like to see more of the company's products assembled at home than in China and contain more U.S. components such as semiconductors.
Economic data and news flows are light this morning as market participants take stock of the significant moves across asset classes in the past wee
French labor unions warned Francois Hollande's government of massive layoffs, which could test the new president's economic mettle.
Production of the highly anticipated MacBook Pro update seems to be in full swing, after a new report claims that Apple's Foxconn factory is outsourcing to keep up with demand for the revamped laptop.
Texas manufacturing grew in May while the state's production index was steady, indicating sustained growth from the month before, although the outlook is poor, the Federal Reserve Bank of Dallas said Tuesday.
The highly anticipated Samsung Galaxy S3 is finally out in Europe, but with pre-orders topping over 9 million, customers are facing distribution delays.