The Dow and the S&P 500 rose on Thursday after Bank of America and General Electric rallied on positive broker comments, while the Nasdaq slipped as investors were cautious a day before the release of key monthly non-farm payrolls data.
The Federal Reserve should tighten policy sooner rather than later to contain longer-term inflation pressures and avoid sowing the seeds of the next crisis, a top Federal Reserve policy-maker said on Thursday.
A former McKinsey & Co director charged with leaking confidential information to Galleon Group founder Raj Rajaratnam became the seventh person to plead guilty in what U.S. prosecutors have called the biggest hedge fund insider trading case ever.
A former McKinsey & Co director charged with leaking confidential information to Galleon Group founder Raj Rajaratnam became the seventh person to plead guilty in what U.S. prosecutors have called the biggest hedge fund insider trading case ever.
A former McKinsey & Co director charged with leaking confidential information to Galleon Group founder Raj Rajaratnam became the seventh person to plead guilty in what U.S. prosecutors have called the biggest hedge fund insider trading case ever.
GameStop Corp said on Thursday holiday sales failed to improve from 2008, and cut its fourth-quarter profit forecast, sending shares of the biggest U.S. videogame retailer to a 13-month low.
The Dow and S&P 500 edged higher on Thursday after a better-than-expected read on weekly jobless claims, a day before the release of key monthly non-farm payrolls data.
The Federal Reserve should not wait too long to exit its extraordinary support for financial markets or risk sowing the seeds of the next crisis, a top Federal Reserve policy-maker said on Thursday.
The number of U.S. workers filing new jobless claims edged up by a slim 1,000 last week and a gauge of underlying labor market trends hit a nearly 16-month low, evidence the job market continues to heal.
The number of U.S. workers filing new jobless claims edged up by a slim 1,000 last week and a gauge of underlying labor market trends hit a nearly 16-month low, evidence the job market continues to heal.
Motorola Inc said it will sell a new inside-out Android flip-phone with a keyboard and display on the outside, and is considering joining the latest craze for tablet computing devices.
Charles Schwab Corp , the largest U.S. online brokerage, is cutting its fees by about $4 per trade, a rare pricing change that could pressure rivals to follow suit.
Charles Schwab Corp , the largest U.S. online brokerage, said on Thursday most clients will soon pay about $4 less per equity trade, a rare pricing change it said was meant to make trading more affordable.
Stocks were little changed on Thursday after the government said jobless claims rose slightly, with investors in a holding pattern ahead of key monthly non-farm payroll data on Friday.
The number of U.S. workers filing new claims for jobless aid edged up by a slim 1,000 last week and a gauge of underlying labor market trends hit a nearly 16-month low, evidence the job market continues to heal.
Stocks were down on Thursday alongside weak global markets as the U.S. dollar strengthened after the government reported a slight increase in initial jobless claims.
The number of U.S. workers filing new applications for unemployment insurance rose less than expected last week and a measure of underlying trends hit a nearly 16-month low, government data showed on Thursday, underscoring the improving labor market tone.
Wall Street opened slightly lower on Thursday as the U.S. dollar strengthened after the government reported that initial jobless claims rose less than expected.
Lennar Corp posted its first quarterly profit in almost three years, helped mainly by a tax benefit, and the news drove up its shares and those of other large homebuilders.
The Bank of England kept the scale of its asset purchase programme unchanged at 200 billion pounds ($319 billion) on Thursday and said it would decide whether or not to extend it next month.
Bidders in Sweden, Luxembourg and the Netherlands are making last-ditch efforts on Thursday to buy General Motors -owned Saab, as the deadline for its sale loomed, threatening the Swedish car brand with closure.
Stock index futures pointed to a lower open on Thursday alongside weak global markets as the dollar rallied after the government reported initial jobless claims rose less than expected.
The number of U.S. workers filing new applications for unemployment insurance rose less than expected last week and a measure of underlying trends hit a nearly 16-month low, underscoring the improving labor market tone.
The number of U.S. workers filing new applications for unemployment insurance rose less than expected last week and a measure of underlying trends hit a nearly 16-month low, government data showed on Thursday, underscoring the improving labor market tone.
Stock index futures held early losses on Thursday after the government reported that the number of people filing initial claims for unemployment insurance rose less than expected.
Stock index futures dipped on Thursday along with global markets, as investors awaited data expected to show a rise in initial jobless claims, one day before the closely watched monthly non-farm payrolls report.
Stock index futures dipped on Thursday along with global markets, as investors awaited data expected to show a rise in initial jobless claims, one day before the closely watched monthly non-farm payrolls report.
Cadbury shares dipped below Kraft Foods' 10.6 billion-pound ($17 billion) bid price for the first time on Thursday as prospects of a rival bid receded and analysts reckoned Kraft now needed only to slightly sweeten its offer to win.
China's central bank surprised markets on Thursday by raising the interest rate on its three-month bills for the first time since August, intensifying its grip on liquidity a day after it promised to keep credit growth in check.
The Bank of England committed to one more month of asset purchases under its 200 billion pound ($318 billion) quantitative easing policy on Thursday, as widely expected, and kept interest rates at a record-low 0.5 percent.
