India’s Infosys Sees 13% Profit Growth In Q3
January 09 2015 10:50 AM EST
The company said it aims to move beyond traditional outsourcing and into advanced digital services to sustain the momentum.
US Unemployment Rate Falls To 5.6%
January 09 2015 8:49 AM EST
U.S. jobless rate falls from 5.8 percent to 5.6 percent. Hourly wages decline by 5 cents an hour. Long-term unemployed unchanged.
European Shares, Dollar Dip Ahead Of US Jobs Data
January 09 2015 7:09 AM EST
More weak data from Europe ensured shares worldwide were set to end their first full week of 2015 in the red on Friday.
Sturdy US Employment Gains Eyed; Jobless Rate Seen At 5.7%
January 09 2015 6:47 AM EST
The unemployment rate is forecast slipping one-tenth of a percentage point to 5.7 percent in December, which would be the lowest since June 2008.
Obama Unveils Modest Housing Recovery Plan
January 08 2015 3:05 PM EST
The White House plan to lower premiums on federally issued mortgages will boost homeownership but doesn't do enough to reinvigorate the market.
Coca-Cola Lays Off 1,800 Executives
January 08 2015 1:52 PM EST
The 129-year-old stalwart beverage company has had a rocky year, and 2015 is considered “critical.”
Experimental Drugs OK'd For Ebola Patients
January 08 2015 12:44 PM EST
Amid the “unprecedented” outbreak, health officials are conducting drug trials on Ebola patients in West Africa.
Global Stocks And Dollar Rise After Fed, Euro Near Nine-Year Low
January 08 2015 6:54 AM EST
The dollar hit a new nine-year high and stocks worldwide headed for their first back-to-back rise of the year on Thursday.
Fed Looks Past A World In Turmoil, Confident In US Recovery
January 08 2015 3:03 AM EST
The trade deficit shrank in November to less than $40 billion, providing a boost to growth as Americans spent less on imported oil.
US Markets Cheer Over Positive Hiring Report
January 07 2015 5:07 PM EST
U.S. crude closed up for the first time in four sessions while Brent clawed back above $50 a barrel.
US Economy 'Insulated' From Global Financial Woes
January 07 2015 4:23 PM EST
Economists' positive outlook Wednesday counters growing concerns of bond investors, who fear turmoil in overseas markets could reach U.S. shores.
Obama Touts $9.3B Auto Bailout
January 07 2015 2:42 PM EST
The president headed to Detroit to celebrate the auto industry’s revival as part of three-state, three-issue tour.
3 Signs The Global Economy May Have A Meltdown
January 07 2015 2:20 PM EST
It could take years for world leaders to recover from a mass deflation.
10-Year US Treasury Yield Rebounds
January 07 2015 10:58 AM EST
Investors have been flocking to safe-haven U.S. government debt as eurozone inflation enters negative territory.
European Inflation Turns Negative, First Time In 5 Years
January 07 2015 8:41 AM EST
Market signals of deflation, at least in Europe, are becoming harder to ignore. All eyes are on the European Central Bank.
Why Economists Fear 'Nightmare' Deflation From Cheaper Oil
January 07 2015 8:21 AM EST
Some economists are warning that the U.S. faces creeping deflation. Here's what that means and why economists fear it.
Why Verizon Wants AOL
January 06 2015 12:43 PM EST
AOL's stock is up on reports that Verizon may be eyeing an acquisition. What does a telecom giant want with a dotcom-era relic?
Dow Drops More Than 100 Points As Oil Prices Tumble
January 06 2015 11:55 AM EST
Energy company shares dragged down the blue-chip index as oil prices fell to a five-year low.
Crude Oil Glut Could Cushion Against Disruptions
January 06 2015 8:33 AM EST
Oil prices slipped to 5½-year lows Monday amid reports of rising production in Iraq, Russia and other major crude-exporting nations.
Economists Eye Jobs Report After Dow Plunges 300 Points
January 05 2015 5:32 PM EST
Economists are looking ahead to Friday's highly anticipated jobs report after the Dow plunged as much as 350 points Monday.