Will Federal Reserve Chairman Ben Bernanke launch QE3 from the Federal Reserve Bank of Kansas City's annual Jackson Hole symposium, which will take place from Aug. 30 to Sept. 1? Economists doubt it.
Visual effects are now the foremost draw for most big-budget movies, and yet conditions for the workers who create those effects have never been worse. Many VFX artists face punishing schedules, working with no health insurance or benefits to meet the demands of effects-laden motion pictures.
Spain's Catalonia region will ask for more than $6 billion from the nation's central government as it struggles with massive debts and an acute budget shortfall. Other Spanish regions are also lining up for similar aid requests.
Best Buy Co, Aixtron SE, Nokia Corp, Sterlite Industries India, Pluristem Therapeutics, Seadrill and Zynga Inc. are among the companies whose shares are moving in pre-market trading Tuesday.
The U.S. stock index futures point to a slightly higher open Tuesday as investors follow a waiting strategy anticipating that the Federal Reserve will soon announce stimulus measures to rejuvenate the economic growth.
Asian stock markets mostly ended lower Tuesday as investors await the central bankers' meeting in Jackson Hole, Wyo., to discuss monetary policy later this week.
Most of the European markets fell Tuesday as investors remained cautious waiting for the euro zone policymakers to come up with stimulus measures to rejuvenate the faltering economy.
India's economy likely remained in its deepest slump for nine years in the quarter ending in June, but high inflation and polarized politics leave the country's leaders with limited scope to crank up growth.
Risk assets fell Tuesday with the investors awaiting an announcement of some monetary easing measures by the Fed at the meeting of central bankers and economists at Jackson Hole, Wyoming, later in the week.
The top after-market NYSE gainers Monday were Brown Shoe Co, Molycorp, PVH Corp, Nam Tai Electronics and Fibria Celulose. The top after-market NYSE losers were STMicroelectronics, New America High Income Fund, Rogers Communication, Gol Linhas Aereas Inteligentes and AK Steel Holding Corp.
Most of the Asian markets fell Monday as investor concerns of the weakening global economic condition were revived as Japan's government lowered its assessment of the country's economy.
Markets from stocks to currencies were caught in ranges Tuesday as investors waited for a gathering of central bankers and economists at Jackson Hole, Wyo., later in the week for clues over the Federal Reserve's potential easing options.
Facebook Inc. (Nasdaq: FB) co-founder Dustin Moskovitz has sold 450,000 shares of his old company for around $8.7 million, according to a regulatory filing, but when it comes to his own ventures, expect him to remain independent.
The biggest event this week is Friday's Jackson Hole meeting. While this week's economic calendar is rather packed, Wall Street seems to care more about Federal Reserve Chairman Ben Bernanke's speech at the Kansas City Fed's annual economic symposium.
This month has been the busiest August on record for global corporate bond issuance as low-risk free yields on government bonds pushed investors to find better returns in corporate credit.
Banks involved in London interbank offered rate benchmark, or Libor, manipulations could be liable for billions of dollars in lawsuits from a slew of financial firms and investors who were affected by the distortions, according to reports.
Profits at China's major industrial enterprises fell in July for the fourth successive month and by the most this year, adding to fears about a sharp slowdown in the world's second-largest economy and sending benchmark Shanghai Composite Index to its lowest level in three years.
German business sentiment fell for the fourth straight month in August, the Ifo Institute said Monday, tumbling to its lowest level since March 2010.
ImmunoGen Inc, Nokia Corp, Dollar Thrifty Automotive Group, Research In Motion, Apple Inc, Hewlett-Packard, Partner Communications and Tata Motors Ltd. are among the companies whose shares are moving in pre-market trading Monday.
U.S. stock index futures point to a mixed open Monday as investors remained cautious waiting for the Federal Reserve to announce monetary easing measures to revive economic growth momentum.
Most of the European markets fell Monday as investors remained watchful waiting for policymakers around the world to announce stimulus measures to boost the faltering global economy.
Most of the Asian markets fell Monday as investors' concerns about the faltering global economy undermined the expectations for stimulus measures from China and the U.S. Federal Reserve.
Most Asian markets ended on a negative note last week as disappointing economic reports on China and the euro zone revived concerns over the floundering global economy while the lack of stimulus measures from policymakers also weighed.
Global automakers from Renault SA (Paris: RNO) to Ford Motor Company (NYSE: F) to Chinese companies like Geely Automotive are all racing to get a piece of the long-term potential promised by Africa's burgeoning automotive market. The continent's economy is on the rise, and despite very real improvements in the quality of life and standards of living in many African countries, risks for multinational manufacturers remain.
The top after-market Nasdaq gainers Friday were Maxygen Inc, QuickLogic Corporation, Novavax Inc and Brooks Automation Inc. The top after-market Nasdaq losers were Oncothyreon Inc, Alkermes plc, Cree Inc and Ultra Clean Holdings Inc.
Investors feel that policy measures should be implemented to regain the growth momentum of the Japanese economy, which has been affected by the soft global demand and the worsening crisis in the euro zone.
The top after-market NYSE gainers Friday were Delek US Holdings, Cenveo, Demand Media, Magnum Hunter Resources and Radioshack Corp. The top after-market NYSE losers were Stillwater Mining, Nationstar Mortgage Holdings, Hovnanian Enterprises, Standard Pacific Corp and SM Energy Co.
Most of the Asian markets fell in the week as investor confidence was dragged down by the lack of stimulus measures from policymakers to support the global economy and regain growth momentum.
Each week, we pick the biggest, most dramatic, or most interesting winners and losers in money and business. Our picks for Aug. 19-24 include the Federal Reserve Bank of New York and Eli Lilly & Co. on one side, and ZeekRewards and Best Buy Co. Inc. on the other side.
Facebook Inc. (Nasdaq: FB)'s stock may be sinking, but it is forging ahead with an expansion to its campus in Menlo Park, Calif., designed by the renowned architect Frank Gehry.
