The U.S. economy added a paltry 96,000 jobs last month, vastly fewer than economists were expecting. However, the fact that fewer Americans were seeking employment resulted in the unemployment rate falling to 8.1 percent.
Global commodity trader Glencore International PLC, which was within hours of seeing its proposed $80 billion purchase of mining giant Xstrata PLC rejected by shareholders, has raised the amount it is willing to pay, according to a report Friday.
Deutsche Bank AG, ING Groep, Rio Tinto, Cliffs Natural Resources, Tata Motors, Bank of America Corp, Audience and Pandora Media are among the companies whose shares are moving in pre-market trading Friday.
While pundits and analysts dissected a myriad angles regarding the ECB's proposal, one lesser-considered issue has been how, following the announcement of the plan Thursday, it increasingly seemed Spain was being given the short end of the stick, while Italy was being favored, by the announcement.
I have never been certain if tipping was simply a 'courtesy' or the 'law.'
The European markets continued the upward rally Friday, a day after the European Central Bank (ECB) announced the widely anticipated bond-buying program aimed at lowering the struggling euro zone countries' borrowing costs.
The U.S. stock index futures point to a higher open Friday ahead of the Bureau of Labor Statistics' nonfarm payrolls and unemployment reports.
As Amazon (AMZN) launched its much-awaited Kindle Fire Thursday attracting rave reviews, its top competitor Apple (AAPL) posted gains in the street ending the day at $676.27, gaining $6.04, almost 1 percent higher than the previous close.
The top after-market NYSE gainers Thursday were Cooper Companies, Sturm, Ruger & Co, Cedar Realty Trust, Lloyds Banking Group and Barnes & Noble, Inc. The top after-market NYSE losers were Infoblox Inc, Pandora Media, Resource Capital Corp, ExactTarget and Calpine Corp.
The top after-market Nasdaq gainers Thursday were Smith & Wesson Holding Corp, Ulta Salon, Cosmetics & Fragrance Inc, Vical Inc, Bazaarvoice and MAP Pharmaceuticals. The top after-market Nasdaq losers were Audience Inc, Mattress Firm Holding Corp, Accuray Inc, Envivio Inc and Aceto Corp.
Asian stock markets rallied Friday after the European Central Bank (ECB) announced the widely anticipated bond-buying program aimed at lowering the struggling euro zone countries' borrowing costs.
Air India took delivery of its first Boeing 787 commercial widebody airplane on Thursday at Boeing Co's final assembly plant after a months-long dispute between airline and manufacturer over compensation for a four-year production delay.
Barack Obama: Top Ten Most Surprising Statements From Acceptance Speech
The 2012 campaign has focused on a myriad of social and ideological issues, with some smatterings of tax policy and truckloads of mudslinging. A new book argues voters should look past the obfuscation and consider what is best for their wallet. Its authors claim history has proven one thing: when it comes to economic success, the left has had the upper hand.
Asian shares rose and the euro steadied Friday after the European Central Bank outlined its bond-buying scheme to help calm the euro zone's debt crisis, while firm U.S. data fed speculation of a strong jobs report later in the day.
In the wake of a strike that left 34 platinum miners dead after clashes with police, South African unions continued to refuse to work, disrupting production of the metal in the country that accounts for 75 percent of global exports and spilling over to impact gold miners.
Leon Cooperman, the billionaire founder of Omega Advisors, and Jack Bogle, the retired CEO and founder of Vanguard, are having it out over what the 2012 presidential election's impacts will be on the stock market.
Costco Wholesale Corporation (NASDAQ: COST) stock price touched an all-time high on Thursday, a day after co-founder and former CEO James Sinegal addressed the Democratic National Convention.
Members of the Yanomami tribe in the Amazon claim that a massacre took place in a settlement in Venezuela, where they say Brazilian miners killed nearly 80 people, seeking to gain unlicensed access to their lands.
China has unveiled plans to build dozens of new subway and inner-city rail transit links, data from the country's top economic planning agency show, in a new move to stimulate its slowing economy.
Sportman's Elite, a local sporting goods retailer that sells firearms and hunting equipment in El Paso, Texas, will be giving away a handgun to one of its Facebook fans once the page reaches 300 "likes."
Some critics question the need for a poor region like Africa to even consider such an expensive project as going into space.
Amazon.com Inc. (Nasdaq: AMZN), the No. 1 e-retailer, announced a new model of its Kindle Fire tablet, priced at $159 and available Sept. 14, as well as a new version of its e-reader dubbed Paperwhite, priced at $179 and $119.
Emirates, the world’s largest airline by international passenger traffic, has agreed to a revenue-sharing pact with Qantas Airways Ltd. (Sydney: QAN), Australia's largest airline and the oldest continually operated airline in the world, leaving Emirates' former partner British Airways out in the cold.
An ADP report that private sector job creation topped analyst expectations by nearly a third has economists taking a second look at their, perhaps too negative, predictions, about what Friday's U.S. jobs report from the Labor Department will show.
Samsung Electronics (Seoul: 005930) said shipments of its latest-version Galaxy S3 smartphone exceed 20 million, only six weeks after passing the 10 million mark. But a labor group asserted they're made in China under abusive conditions
General Motors Company (NYSE: GM) is hoping its Chinese designed Chevrolet Sail can push its struggling Indian unit out of a sales doldrums.
Surprisingly strong U.S. job creation last month is forcing some, though not all, analysts to adopt a more upbeat outlook for growth prospects in the world's largest economy.
On-duty Greek riot police clashed with a small contingent of colleagues on strike Thursday in an event that put an emotional climax to a week of protest in Greece.
Police found more than a dozen spent cartridges from an automatic pistol at the locale.
