UNITED STATES

US Stocks

US Equities Begin June As They Ended May: Bleeding Red Ink

With the Institute for Supply Management's manufacturing report and the U.S. Bureau of Labor Statistics' Employment Situation Summary both weaker than analysts' consensus estimates on Friday, U.S. stocks closed a holiday-shortened trading week by dropping like so many hot pennies scattered in cold snow.

Mazda U.S. Sales Tepid in May

Mazda CX-9
Mazda Motor Corporation (Tokyo: 7261) struggled in May posting U.S. sales growth of just 5.4 percent on a daily selling rate adjusted basis, however, the company's sales for the year to date remain strong compared to last year, up an adjusted 19.3 percent.

VW's May US Sales Gain 28%

Volkswagen Passat
Volkswagen AG (Frankfurt: VOW) U.S. sales grew 28.4 percent in May, the company's best May since its heyday as a 70s era-icon.
More news
New Gold's El Morrow mining project

Shares of Gold Miners Shoot Higher as Metal Regains Safe-Haven Status

Shares of big gold mining companies rocketed higher Friday as the yellow metal regained its status as a safe-haven amid growing fear that the American economy may not be able to offset the combined drag of the euro zone crisis and sharply decelerating growth in China and India.
IBTimes Logo

Downtrend Continues

Yesterday morning the Chicago PMI Data came in quite weak with a reading of 52.7 versus and expectation of 56.7.
U.S. Treasuries have been hitting historically low yields on a daily basis. Now, Lawrence Dyer, a New York-based rates strategist for British giant bank HSBC says should soon fall to 1.32 percent or lower.

How Low Can They Go? Forecaster Sees T-note Yield Falling To 1.32%

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.
US Job Market

US Job Growth Falters In May - Is QE3 By Fed Up Ahead?

A third straight month of disappointing job data clearly suggests that the U.S. labor market conditions are deteriorating again, which economists say will undoubtedly prompt more speculation that a third round of quantitative easing by the U.S. Federal Reserve is coming soon.
A trader at the NYSE

US Stock Futures Plunge On Dismal May Jobs Report

U.S. stock futures plunged Friday after a surprisingly weak nonfarm payrolls report raised fears that the nation's nascent recovery may be losing steam and raising the possibility that the Federal Reserve may opt for economic stimulus measures.
Pakistani soldiers stand near army post in Shawal mountains along Pakistan-Afghanistan border

US Military Returns Officers To Western Pakistan

Signaling a slight improvement in the diplomatic ties between Washington and Islamabad, the US military has returned two officers to the headquarters of the Pakistani army's 11th Corps to help coordinate military actions along the Afghan border.
Dallas Fed Manufacturing Indexes Showed Declines in April

Why US Manufacturers Don't Care About The Euro Crisis

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.
Bodies of four slain men are seen in Tegucigalpa

Honduras: The Bloodiest Nation In The World

In 2011, this tiny nation of only 8-million people recorded 86 murders per 100,000 inhabitants (the highest rate on the planet), up from 82 in the prior year, and double the rate from just six years ago
Traders work on the floor of the New York Stock Exchange

US Stock Futures Point To Lower Opening Friday

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.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.