U.S. stock index futures pointed to a weaker open for equities on Wall Street on Monday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.8 to 1 percent.
Gold prices dropped 1.8 percent Monday as the dollar rose on disappointment with last week's Eurozone summit and key price support for gold failed.
India's industrial output fell in October for the first time in more than two years as capital goods investment slumped, ramping up pressure on the central bank to ease monetary or liquidity conditions, possibly as soon as Friday.
At least a dozen U.S.-listed companies have been told by the U.S. Securities and Exchange Commission to disclose business activity in and with Syria, Iran and others deemed state sponsors of terror by the state department, the Financial Times said on Sunday.
At least a dozen U.S.-listed companies have been told by the U.S. Securities and Exchange Commission to disclose business activity in and with Syria, Iran and others deemed state sponsors of terror by the state department, the Financial Times said on Sunday.
An OECD report due for release this month will say markets and governments face an uphill struggle to fund themselves next year amid extreme uncertainty over the euro zone and the global economy, the Financial Times said on Monday.
Germany's largest utility E.On has recruited Goldman Sachs to run a sale of its gas distribution network in a move that could raise up to 2.5 billion euros to help pay down its debts, the Financial Times reported on Sunday.
An agreement reached by European countries for deeper economic integration was a step in the right direction but not a complete solution for the euro zone's debt crisis, International Monetary Fund chief economist Olivier Blanchard said on Sunday.
Shares of TripAdvisor, the largest Internet travel site, will likely trade well after the business is spun off from Expedia, Barron's financial newspaper said in its Dec 12 edition.
Online spending remained strong in early December, a period that usually marks a lull in the U.S. holiday shopping frenzy, comScore said on Sunday.
Investors could reap gains of 15 percent to 20 percent next year by buying top-quality stocks such as MetLife, Comcast Corp and Berkshire Hathaway , Barron's said in its Dec 12 edition.
Inspectors for Greece's international lenders and private creditors kick off a round of meetings with the government on Monday to prepare for a new 130-billion euro ($173.75 billion) bailout plan and bond swap scheme to keep the country afloat.
Swiss and U.S. officials have met in recent days in Berne to try to end a long-running dispute over wealthy Americans using secret Swiss accounts to dodge taxes, and seem to be getting closer to a deal, two newspapers reported on Sunday.
It was billed as a summit to save the euro. It may be remembered as the day Europe lost patience with Britain, as most of the continent threw its lot in with European Union founding members France and Germany and committed to binding their economies ever more tightly.
Europe secured an historic agreement to draft a new treaty for deeper economic integration in the euro zone on Friday, but Britain, the region's third largest economy, refused to join the other 26 countries in a fiscal union and was left isolated.
Ignoring the U.S.'s major economic/social problems won’t make them go away. And neither will voting against liberals or Obama. On the contrary, those latter two actions will make the problems worse, leading to more disenfranchised Americans -- the others -- and even bigger economic/social changes in the years ahead.
Hungary's government is aiming for a 10-15 billion euro package from the International Monetary Fund and the European Union to stabilize its economy, preferably with lighter terms, but would be also willing to accept a stricter deal, bank analysts said.
Napoleon dreamed of it, De Gaulle fought for it, but Nicolas Sarkozy may have achieved it -- a Europe of Nations with France in the cockpit and Britain on the sidelines.
The prospect of European heavyweights like Italy or Spain turning to the IMF for rescue loans is worrying the United States and other nations that fear they could suffer losses on funds they have extended to the IMF.
As former MF Global chief executive Jon Corzine prepared to testify this week before a U.S. Congressional committee about missing customer money, independent broker Rosenthal Collins Group attempted to restore customer confidence in the futures market by publishing exactly where it is holding its client collateral.
Growth in Chinese exports and imports slowed in November, further evidence of the faltering demand abroad and at home that is pushing Beijing towards a more explicit pro-growth policy.
The prospect of European heavyweights like Italy or Spain turning to the IMF for rescue loans is worrying the United States and other nations that fear they could suffer losses on funds they have extended to the IMF.
Napoleon dreamed of it, De Gaulle fought for it, but Nicolas Sarkozy may have achieved it -- a Europe of Nations with France in the cockpit and Britain on the sidelines.
The lawyer for Philip Falcone's hedge fund is finding herself in the hot seat with U.S. securities regulators.
The prospect of European heavyweight economies like Italy or Spain turning to the IMF for emergency rescue loans is worrying some nations that fear they could suffer losses on the funds they have extended to the IMF.
Stocks rallied on Friday, finishing the week higher after European Union leaders agreed on a plan to toughen the region's budget rules to help restore market confidence after a two-year sovereign debt crisis.
AT&T's decision to focus on its antitrust battle with the U.S. Justice Department for its purchase of T-Mobile may have backfired, irritating the judge overseeing the case and laying the groundwork for a possible deal-killing delay.
European governments -- many of which are already struggling to woo buyers for sovereign debt -- could find it even harder to raise money as the investment banks they relied on to sell the debt baulk at the cost.
Philip Falcone, a hedge fund manager who became an overnight billionaire by betting on the collapse on the U.S. housing market, is now fighting to keep his career afloat.
Venture capitalist Marc Andreessen said he is not interested in becoming chief executive of Internet pioneer Yahoo Inc, whose struggle to compete with the likes of Google and Facebook have forced it to explore proposals to revamp its business.
