Stocks rose on Friday after positive economic data from Europe and ahead of a U.S. report on existing home sales and a speech by Federal Reserve Chairman Ben Bernanke on the lessons from the financial crisis.
Stock index futures rose on Friday as investors looked to a speech from Federal Reserve Chairman Ben Bernanke and new data on the sale of existing homes for a fresh insight into the economy.
Central bankers around the world may be gathering to solve the world's problems at their annual mountain retreat hosted by the Federal Reserve Bank of Kansas City, but the only fur coat being sported in the lobby of the Jackson Lake Lodge is by a stuffed grizzly bear.
Oil touched a high for this year above $73 a barrel on Friday ahead of further pointers on the economic health of the United States and as the dollar flagged against a stronger euro.
Stock index futures rose on Friday as investors looked to a speech from Federal Reserve Chairman Ben Bernanke and new data on the sale of existing homes for a fresh insight into the economy.
Oil touched a year-high above $73 a barrel on Friday ahead of further pointers on the economic health of the United States and as the dollar flagged against a stronger euro.
Oil rose over $73 a barrel on Friday, off a seven-week high, ahead of further pointers on the economic health of the United States, the world's top energy consumer.
Oil eased below $73 a barrel on Friday, tracking back from a seven-week high, as caution braked gains ahead of further pointers on the economic health of the United States, the world's top energy consumer.
Stock index futures pointed to a lower open on Wall Street on Friday, with futures for the S&P 500 down 0.12 percent, Dow Jones futures down 0.39 percent and Nasdaq 100 futures down 0.42 percent at 0730 GMT.
Oil eased below $73 a barrel on Friday, reversing an earlier surge to a seven-week high, as optimism over the pace of demand recovery in top energy consumer, the United States, faded on the back of mixed economic data.
U.S. sales of existing homes likely rose to their highest level in 10 months in July, according to a Reuters poll, as buyers rushed to take advantage of a tax credit for first-time homeowners.
Oil eased below $73 a barrel on Friday, reversing an earlier surge to a seven-week high, as optimism over the pace of demand recovery in top energy consumer, the United States, faded.
Most Asian stock markets edged higher on Friday, keeping a wary eye on volatile Chinese shares, while currency traders went on the defensive after a wild see-saw week and mixed U.S. economic data, bidding up the safe-haven yen.
Japan's Nikkei stock average slipped on Friday as automakers slumped ahead of the end of the U.S. cash for clunkers program and prompted investors to sell broadly ahead of the start of Chinese stock trading.
If it's raining outside or hurricane season is in full swing, it won't just be real-life sports affected but also sports video games with real-time weather starting to impact virtual players.
The U.S. economy is recovering more strongly than expected from its worst recession in decades, but next year will be lackluster and risks of a double-dip downturn remain, economists said in a Reuters poll.
The Australian Dollar opens higher on Friday (0.8310) and is showing signs of consolidation above the 0.8250 mark.
Upbeat manufacturing data and weak labor market numbers painted a mixed picture of the U.S. economy on Thursday, while economists forecast it is recovering more robustly than expected from its worst recession in 70 years despite worries about a double-dip recession.
Discount retailer Dollar General Corp, backed by powerful private equity firm Kohlberg Kravis Roberts & Co , filed for an initial public offering of up to $750 million on Thursday, according to a regulatory filing.
Discount retailer Dollar General Corp, backed by powerful private equity firm Kohlberg Kravis Roberts & Co , filed for an initial public offering of up to $750 million on Thursday, according to a regulatory filing.
Indignant letters, e-mails and phone calls can still get results for unhappy airline travelers, but more are finding that if you really want to vent your frustrations, you can now be loud and fast and public.
Morgan Stanley is planning to hire as many as 400 traders and salespeople, a hiring spree that comes as the firm tries to dig its way out of three straight quarters of losses.
Citigroup Inc shares rose as much as 6 percent to their highest in more than three months on growing confidence that the embattled bank would become more profitable as it unloaded troubled assets.
Stocks rose for a third straight session on Thursday with financial stocks leading gains after U.S. manufacturing data and a rebound in Chinese stocks reassured investors.
Manufacturing in the U.S. Mid-Atlantic region expanded in August for the first time in 10 months but new filings for unemployment benefits rose last week, an indication weak spending would constrain recovery.
The United States stepped up efforts to crack Swiss bank secrecy codes on Thursday by indicting a banker who moved from UBS AG to another bank and a Zurich lawyer, on charges of helping wealthy Americans hide their assets from U.S. tax authorities.
The United States stepped up efforts to crack Swiss bank secrecy codes on Thursday by indicting a banker who moved from UBS AG to another bank and a Zurich lawyer, on charges of helping wealthy Americans hide their assets from U.S. tax authorities.
Stocks advanced modestly on Thursday with financial stocks leading gains after encouraging U.S. manufacturing data and a rebound in Chinese stocks reassured investors.
The United States widened efforts to crack Swiss bank secrecy codes by indicting on Thursday a banker who moved from UBS AG to another bank and a Zurich lawyer, on charges of helping wealthy Americans hide their assets from U.S. tax authorities.
Manufacturing in the U.S. Mid-Atlantic region expanded in August for the first time in 10 months but new filings for unemployment benefits rose last week, an indication weak spending would constrain recovery.
