The number of Americans lining up for new jobless benefits last week had its biggest decline in two months, the Labor Department said Thursday, easing fear that the labor market recovery was stalling.
The European Central Bank, in a widely anticipated move aimed at limiting the number of euro zone nations falling into recession, on Thursday cut its main interest rate to a historic low of 0.75 percent and cut its overnight deposit and lending rates by 0.25 percentage points each, to 0 percent and 1.5 percent, respectively.
Elan Corp, SXC Health Solutions, Micron Technology, Thompson Creek Metals, Alcoa, Veolia Environnement and Nokia and Logitech International are among the companies whose shares are moving in pre-market trading Thursday.
U.S. stock index futures point to a slightly lower opening Thursday ahead of a crucial European Central Bank meeting in Frankfurt where a cut in interest rates is likely to be announced.
Asian stock markets declined Thursday as market participants remained cautious ahead of the European Central Bank (ECB) and Bank of England's (BOE) policy decision meetings later in the day.
European markets fell Thursday as investors remained watchful ahead of a meeting of the European Central Bank in Frankfurt where the bank will take a decision on interest rates.
Oil prices remained near $87 a barrel during Asian trading hours Thursday as investors were awaiting the key monetary decisions from the European Central Bank (ECB) and Bank of England.
Standard & Poor's Ratings Services has raised the credit rating of the Philippines, citing that the country's fiscal flexibility is gradually increasing and the debt profile is improving.
Asian markets fell Thursday with the revival of investor concerns about the euro zone?s debt crisis intensifying and the economic downturn deepening.
Asian stock markets mostly advanced Wednesday on hopes that major central banks around the world would act to tackle the deteriorating global economic conditions.
Indian stock markets were trading slightly lower Wednesday as declines from oil & gas and IT sector shares outweighed the gains in metal and realty sectors.
European markets fell Wednesday, but investors continued to expect that the central banks would coordinate to announce stimulus measures to regain the growth momentum.
India's service sector continued its growth in June, though at a slightly slower rate than in May, according to the latest HSBC PMI data released Wednesday.
Crude oil futures declined during Asian trading hours Wednesday after surging in the previous session on renewed tensions over Iran's nuclear program.
Though China's services activity grew in June, it declined to a ten-month low, according to the HSBC Purchasing Managers' Index (PMI) released Wednesday.
Asian markets rose Wednesday as investors continued to be hopeful that central banks all over the world would soon announce stimulus measures to tackle the weakening global economy.
Two of real estate's biggest landlords are gearing up for more acquisitions in moves that could help stabilize local housing markets.
U.S. car sales revved up again in June after lackluster May sales numbers as consumers continued to flock to dealer lots to replace aging vehicles and buy new trucks and crossover SUVs.
Nissan Motor Co. (Tokyo: 7201) June U.S. car sales rose 28.2 percent on gains for almost every model in the Nissan lineup.
California, the state with the second most foreclosures by volume, has passed one of the strongest laws in the country seeking to protect homeowners from improperly losing their homes.
The U.S.A. remains the world's richest country, with more wealth than the combined treasures of the next four richest nations -- Japan, China, Germany and the UK. And most of its wealth comes from the potential of its people.
June U.S. car sales rose across the board, surging above the 14 million unit seasonally adjusted annual rate (SAAR) of sales after a lackluster May, indicating a continued recovery for the industry that will likely carry through the second half.
The British Parliament, might not be the place one would expect to see fireworks lit on July 4. But that's what's likely to happen Wednesday, when the former CEO of Barclays plc (NYSE:BCS), who resigned Tuesday, is expected to tell the House of Commons its fraud was partly done at the bequest of the Bank of England.
General Motors Co. (NYSE: GM) reported 15.5 percent year-over-year U.S. sales growth in June and the best sales month for the company since September 2008.
Ford reported Tuesday that June sales rose 7 percent over the year before driven by strong sales of trucks and SUVs.
Detroit?s carmakers saw strong June U.S. car sales with Chrysler Group LLC, a subsidiary of Italian Fiat SpA (Milan: F), reporting 20 percent year-over-year sales growth and Ford Motor Co. (NYSE: F) reporting more modest 7 percent sales gains.
As the Midwest teeters from the impact of one of the most damaging heat waves in U.S. history, declining yields on crops could hurt the public by raising food and commodity prices to staggering proportions, according to commodities trading data.
Chrysler Group LLC, a subsidiary of Italian Fiat SpA (Milan: F), reported June sales rose 20 percent compared to the year before, making it the best June sales month in five years.
The Indian rupee continued its forward rally for the fourth consecutive session, reaching a 1-month high of 54.81 against the dollar in the morning trading session Tuesday.
Asian stock markets advanced Tuesday as weak economic reports from around the world boosted hopes for stimulus measures from major central banks globally.
