Brent crude hovered at $114 a barrel Wednesday, after posting six days of gains, on expectations the United States will act again to try and boost growth and increase demand for oil.
Eric Linton
Aug 31, 2011
Asian stocks edged up Wednesday, poised to end a volatile month on a mildly stronger note, while the dollar struggled on heightened expectations that the U.S. Federal Reserve would do more to stimulate the economy.
Eric Linton
Aug 31, 2011
President Barack Obama said on Tuesday there were a range of policy options available that could create up to a million new U.S. jobs, in remarks ahead of a major economic speech that he will deliver next week.
IBT Staff Reporter
Aug 30, 2011
Forget the struggling economy. There's one U.S. industry -- Big Politics -- that is looking ahead to a record year in 2012.
IBT Staff Reporter
Aug 30, 2011
While speaking to members of the American legion, President stressed his commitment to U.S. veterans and unveiled measures to lower unemployment and improve healthcare to those who have served in the military.
Ashley Portero
Aug 30, 2011
In the nation’s capital, almost one-half of people (49.3 percent) between the ages of 16 and 19 are jobless this summer.
Palash Ghosh
Aug 30, 2011
The latest Fed minutes show is that the central bank is well aware that the U.S. economic recovery is underperforming -- it's like a car traveling in the right lane on an interstate highway at 40 miles per hour (barely adequate) -- and it's prepared to take additional action to strengthen the recovery, should the tepid growth conditions continue.
Joseph Lazzaro
Aug 30, 2011
Gold and bonds surged on Tuesday and U.S. stocks rebounded in choppy trade as a recovery in risk appetite among some investors was countered by bearish economic news.
Mike Obel
Aug 30, 2011
Gold prices jumped 2 percent Tuesday and silver surged 2.1 percent as some investors opted for the safety of precious metals and Treasuries amid continued worries about Europe's sovereign debt crisis and weakness in the American economy.
Mike Obel
Aug 30, 2011
South Africa's economy grew at its slowest pace in almost two years in the second quarter as the manufacturing and mining sectors slumped after strikes, boosting the case for interest rate cuts while denting the government's job-creation hopes.
IBT Staff Reporter
Aug 30, 2011
The biggest impact from QE3 could come from Ben Bernanke announcing it rather than it actually going into effect.
IBT Staff Reporter
Aug 30, 2011
Michael Vick has come back from bankruptcy and a prison sentence to sign a $100 million contract with the Philadelphia Eagles. Isn't America a great country?
David Magee
Aug 30, 2011
Confidence among consumers plunged in August to its lowest in more than two years following the country's loss of its top credit rating and heart-wrenching drops in major stock indexes.
IBT Staff Reporter
Aug 30, 2011
Silver and gold prices rose Tuesday, lifting share prices of companies that mine the precious metals and underscoring just how tentative the U.S. economy is.
Mike Obel
Aug 30, 2011
Amid a sluggish U.S. job market, a patch-work recovery in the housing market sector, and now damage from Hurricane Irene, it's understandable if U.S. investors are hesitant regarding deploying new money to the stock market. Where's the Dow Jones Industrial Average headed from here?
Joseph Lazzaro
Aug 30, 2011
Stock index futures fell on Tuesday after equities rose nearly 8 percent in the past five sessions as investors cautiously awaited a batch of data for a better assessment on the state of the economy.
IBT Staff Reporter
Aug 30, 2011
Even PIMCO's Bill Gross makes a wrong call every now and then. Gross, manager of the world's largest bond fund noted for calling the housing bubble early on that burst several years ago, feels like crying in his beer for betting so heavily against U.S. government related debt this year.
David Magee
Aug 30, 2011
Gold regained strength on Tuesday as bargain hunting resurfaced after prices dropped more than 2 percent in the previous session, but higher equities and easing worries about recession in the United States could limit gains.
Mike Obel
Aug 30, 2011
Gold edged higher on Tuesday, following its worst weekly performance in two months last week, supported by improving physical demand and some investor uncertainty ahead of minutes from the U.S. Federal Reserve's recent policy meeting.
Mike Obel
Aug 30, 2011
Gold regained strength Tuesday as bargain hunting resurfaced after prices dropped more than 2 percent in the previous session, but higher equities and easing U.S. recession fears could limit gains.
Eric Linton
Aug 30, 2011
Hong Kong shares could edge lower at Monday's open, with turnover likely to stay low though U.S. Federal Reserve chairman Ben Bernanke's comments on Friday could boost cyclicals, limiting losses.
Wenwen Meng
Aug 29, 2011
Republicans in the House of Representatives want to create jobs by killing regulations on companies and passing tax breaks for small business and government contractors, Majority Leader Eric Cantor said on Monday.
IBT Staff Reporter
Aug 29, 2011
