Nobody, not the EU, the IMF nor the markets had any concerns about the Irish fiscal position prior to 2008.
The number of Americans filing for first-time unemployment benefits rose last week to the highest level in six weeks after a downtick in the week ended Dec. 31. The figure nearly surpassed a key threshold for gauging the job market, raising concerns about the U.S. employment situation without the help of holiday hiring.
Spain and Italy spread cheer through euro zone markets on Thursday with successful debt auctions at sharply lower borrowing costs in 2012's first real test of appetite for debt from the euro zone's bruised periphery.
Stock index futures rose on Thursday after well-received European sovereign debt auctions encouraged investors ahead of job market and retail sales data expected to show the economy is steadily recovering.
Women in business who either ask for pay raises and promotions, or change jobs for purposes of career advancement, often experience lower rates of compensation growth.
The top aftermarket NYSE losers on Wednesday were: Qihoo 360 Technology, Safeway, Chevron, Camden Property Trust, Genworth Financial, Tyson Foods, Mueller Water Products, Watson Pharmaceuticals and HollyFrontier Corp.
The top aftermarket NYSE gainers on Wednesday were: Torch Energy Royalty, Walter Energy, Citigroup, Jaguar Mining, Freeport-McMoran Copper, Bank of America Corp, Hovnanian Enterprises, HHGregg, Liz Claiborne and Liz Claiborne.
Efforts to rein in Canada's budget deficit have resulted in a 3.0 percent decline in overall federal expenditures in the first half of the fiscal year, the office of the parliamentary budget officer said on Wednesday.
The price of U.S. Treasuries has nowhere to go but down. Smart investors should take advantage of a market that is underestimating the possibility of a sudden drop in the price of those securities. They should also seek to sell off euros, a Wells Fargo strategist said Wednesday.
Canadian stocks ended slightly lower on Wednesday, weighed down by sharply weaker energy issues, as oil prices slid and investors remained cautious about Europe's debt crisis.
A day after re-affirming its top sovereign credit rating on Austrian government bonds, a research arm of respected French credit rating agency Fitch has issued a report noting the rapidly deteriorating level of confidence investors in the derivatives market are displaying towards that country's debt.
Stocks of major U.S. homebuilders rose on Wednesday after Lennar Corp. reported a 20 percent increase in home orders in the fourth quarter.
President Barack Obama plans to introduce a series of incentives to bring outsourced jobs back to America and increase domestic investment.
The Federal Reserve said on Wednesday the economy continued to expand modestly through the end of 2011 as holiday spending proved robust, but a weak job market was still preventing incomes from rising.
Since Deepwater Horizon, a longer permitting processes and the drilling moratorium in the Gulf of Mexico is projected to cost the U.S. more than $24 billion in lost investment, says a report from the American Petroleum Institute.
At least two serious potential bidders have emerged so far for the London Metal Exchange (LME) from 15 suitors who expressed interest in the world's biggest metals marketplace, a source with knowledge of the matter said on Wednesday.
When a country builds a skyscraper, a financial collapse will soon follow, a new report from Barclay's Capital -- suggesting investors should take a hard look at India and China.
Billionaire investor Carl Icahn on Wednesday dropped his $1.73 billion hostile bid for Commercial Metals Co (CMC.N) after failing to pick up support among the metal company's other shareholders.
The International Business Times spoke with Bob Lutz on Tuesday about Via Motors' plans, the state of the U.S. auto industry and more.
U.S. mortgage applications increased 4.5 percent on a seasonally adjusted basis in the week ending Jan. 6, according to the Mortgage Bankers Association (MBA).
Indian lenders may have to downgrade their loans to loss-making state-run Air India after they deferred a long-pending debt restructuring proposal, seeking a revision and making it tougher for the carrier to raise funds, three sources said.
The top aftermarket NYSE gainers Tuesday were: China New Borun Corp, Synnex Corp, Hospitality Properites Trust, Choice Hotels International, Bank of Ireland, Yingli Green Energy Holding Co, Boise Inc, FelCor Lodging Trust and Starwood Hotels & Resorts Worldwide.
The top aftermarket NYSE losers on Tuesday were: HCA Holdings, Hill-Rom Holdings, PVH Corp, Medifast, Two Harbors Investments, Emergent Biosolutions, Jones Group, Marathon Petroleum Corp, Pioneer Natural Resources and Cal Dive International.
DETROIT -- Soon after the earthquake and tsunami pummeled Japan last March, Nissan sent executives to their suppliers in Japan. They reported what parts had not been affected in what quantities.
The head of global sovereign ratings for Fitch, one of the world's premier credit rating agencies, riled up the Italian government today by saying the country was the pivotal factor on which the European financial crisis hinges, and suggesting the country's credit rating could be further downgraded.
U.S. orange juice futures surged almost 11 percent to an all-time high on Tuesday, as reports that discovery of small doses of an unapproved fungicide in Brazil could crimp juice imports from that country added fuel to a rally sparked by a brief freeze last week in Florida.
Historically low interest rates and weak stock market gains led 100 of the largest U.S. corporate pension funds to a massive funded-status deficit of $464.4 billion in 2011, the largest deficit in the 11 years consulting firm Milliman Inc. has been tracking such pensions.
Canadian housing starts climbed more than expected in December, fueled by low mortgage rates and a boom in condo construction, even as analysts predicted the once-hot sector would cool further in 2012.
Canadian stocks touched their highest level in two months on Tuesday as mining and energy issues rose on healthy import data out of China, which boosted investor optimism for the global economy.
A deteriorating European with slower growth and the longer we go without economy and weak global growth will keep the Bank of Canada from raising rates for at least another year, though an interest rate cut looks highly unlikely, according to a Reuters survey.
