UNITED STATES

A woman recites prayers during a rally to demand the ouster of Yemen's President Ali Abdullah Saleh outside Sanaa

Yemeni protesters plan to march on president’s palace

Yemeni opposition groups are planning to march to the palace of the embattled president on Friday to demand his immediate ouster in defiance of the 30-day state of emergency passed by the parliament to quell unceasing rebellion in the poverty-stricken nation.

Bernanke says new rules benefit smaller banks

IBTimes Logo
New financial regulatory reforms should help reduce the edge that large banks have over smaller ones because of their implicit support from government, Federal Reserve Chairman Ben Bernanke said on Wednesday.
More news
foreclosed home

US Feb. new home sales plummet

Sales of single-family houses in the US fell unexpectedly in February, showing continued weakness in the housing industry recovery.
IBTimes Logo

Apple's iPad 2 to hit 25 new markets this week

Apple Inc said it would roll out its newest iPad to 25 more markets this week, including France and the United Kingdom, but did not provide any hard figures for sales so far in the United States.
Traders work on the floor of the New York Stock Exchange

US stocks decline on euro zone debt worries

U.S. stocks declined in early trade on Wednesday as renewed concerns over the euro zone’s sovereign debt crisis and higher than expected rebuilding costs in Japan weighed on the sentiment.
Traders work on the floor of the New York Stock Exchange

U.S. Equity Strategy: Intermediate-term low is near

RBC Capital Markets said the ultimate low in the U.S. equity markets might not have been reached, but a bottoming process has probably started. The brokerage said most of the technical indicators suggest that an intermediate-term low is near. Readings from sentiment, positioning and internal momentum indicators reveal much more damage under the hood than at the index level.
IBTimes Logo

Stock futures rebound but euro zone concerns could weigh

U.S. stock index futures were little changed on Wednesday, after modest losses in the previous session, as worry continued over debt issues in the euro zone, Japan's nuclear crisis and violence in the Middle East and North Africa.
IBTimes Logo

Oil firms on MidEast, North African unrest

Oil steadied on Wednesday due to concerns that unrest in Yemen may spill over into neighboring countries in the oil rich Middle East Gulf region, while an expected increase in U.S. crude inventories capped gains prices.
IBTimes Logo

Sprint cries foul over rivals' mega-merger

Sprint Nextel Corp cried foul over a planned merger between AT&T Inc and T-Mobile USA, saying the deal would stifle competition and potentially hurt its profitability.
Traders work on the floor of the New York Stock Exchange

US Earnings Watch For March 23 (GIS, PAYX, RHT, FUL, SAI, SCS, TXI, WATG, OMN)

The top U.S. companies that are reporting earnings before the market opens on March 23 are: General Mills, Texas Industries, and Wonder Auto Technology. The top U.S. companies that are reporting earnings after the market close on March 23 are: Paychex, Red Hat, SAIC, Steelcase, HB Fuller, and OMNOVA Solutions.
IBTimes Logo

Buffett sees global growth over next year

Billionaire Warren Buffett, who is looking to invest in large countries such as China, India and Brazil, said on Wednesday he expected global output to rise significantly over the next year.
IBTimes Logo

Brent steady near $116, supply fears simmer with Yemen

Brent crude was steady near $116 after rising as much as 0.6 percent on Wednesday as intensifying unrest in Yemen highlighted the security risks facing oil output from the Arabian peninsula, home to the world's biggest oil fields.
IBTimes Logo

U.S., Rajaratnam battle over Goldman CEO testimony

Goldman Sachs Group Inc chief Lloyd Blankfein will be called to testify at Raj Rajaratnam's insider trading trial as soon as this week, but prosecutors want to prevent him being questioned about any legal issues facing the bank, according to trial documents.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.