Disgusted with a U.S. debt deal battle that had the nation teetering on the edge of default, Americans registered their highest ever disapproval rating for Congress and said the focus needs to shift from deficit reduction to generating jobs.
Procter & Gamble Co posted a bigger-than-expected rise in quarterly profit on Friday, as cost cuts and price increases helped mitigate the impact of more expensive materials and some sluggish markets such as the United States.
U.S. stocks were poised for a higher open on Friday after a better-than-expected payrolls report and a day after U.S. stocks suffered their worst selloff since the middle of the financial crisis in early 2009.
U.S. job growth accelerated more than expected in July as private employers stepped up hiring, a development that could ease fears the economy was sliding into a fresh recession.
U.S. stock index futures rallied more than 1 percent on Friday after a report showed job growth accelerated more than expected in July as private employers stepped up hiring.
The U.S. economy unexpectedly added 117,000 jobs in July and the unemployment rate dipped to 9.1 percent, the U.S. Labor Department announced Thursday. Equally significant, the private sector added 154,000 jobs. The report was a pleasant surprise, but the nation is still in a deep hole job-wise -- short about 14 million jobs.
Virginia Polytechnic Institute lifted the campus alert after reports of an armed man roaming the campus, triggering an all-day manhunt.
Wall Street equity futures were little changed on Friday, a day after U.S. stocks suffered their worst selloff since the middle of the financial crisis in early 2009 and ahead of the critical payrolls report.
When Charles Berry started his career as a bonds trader in 1993, he used to draw point and figure charts on pieces of paper. He checked his old charts recently to remind himself how calm markets were in those days. Back then, it took three months for a price to move 200 ticks -- the measure traders use to show changes in futures or currency markets. Now the market moves 400 ticks in a week.
Overseas stocks are plunging following the devastating sell-off in the U.S. Thursday, ahead of a crucial July jobs report out of Washington.
Wall Street equity futures were lower on Friday ahead of the critical payrolls report, a day after U.S. stocks suffered their worst sell off since the middle of the financial crisis in early 2009.
U.S. stock index futures point to a lower opening on Friday as investors are cautious ahead of key U.S. monthly non-farm payrolls and unemployment data from the government.
Severe heat wave grips US
In one of the world's biggest lawsuits, Apple Inc has sued Samsung Electronics for slavishly copying the 'look and feel' and 'design' of its products iPad tablet and iPhone smartphone. Both Samsung and Apple entered into a legal battle over patent infringement in the month of April 2011. Samsung counter sued Apple in 4 countries in 3 different continents.
There?s no getting around it: In much of the country, this is a terrible time to unload your home.
Getting a lot of out-of-office emails and feeling some vacation envy? You may feel like you?re the only one left in town during these dog days of summer, but that?s not the case.
When Honda Motor's <7267.T> 2012 Civic debuted at the New York auto show in April, critics universally panned its cheap, hard-plastic interior .
Japan's finance minister said he was closely watching yen moves on Friday, signaling a readiness to continue selling the currency after intervention on Thursday that likely totaled a record amount around 4.5 trillion yen ($56 billion).
It's the time of year when new college students start buying notebooks, but after paying the year's tuition bills, notebooks could suddenly become unaffordable.
NASA's achievements are commendable considering its results between 1960 and 1970, especially for putting men on the moon. However, NASA's recent performance and its discoveries are considered to be of no practical value for mankind. There are various other causes that require funds in the United States rather than allocating more funds for NASA.
Stock index futures pointed to a lower open on Wall Street on Friday, adding to the two-week slump as investors continued to sell, spooked by the prospect of another recession.
National Oceanic and Atmospheric Administration's (NOAA) Climate Prediction Center (CPC) has predicted an active and stormier hurricane season in 2011, between June 1 and November end.