MARKETS / FINANCE

IBTimes Logo

Payrolls rise in September, jobless rate steady

Employers hired more workers than expected in September and job gains for the prior months were revised higher, according to a report on Friday that eased fears the economy was heading into recession.
IBTimes Logo

Exclusive: Gold to stay strong, top performing funds say

Gold will stay strong due to a lack of alternative havens for investors operating in a slowing global economy, top performing commodity fund managers told Reuters after taking a defensive approach and going into cash during September's gold sell off.
More news
iPhone 4S and Siri Screen

Apple's Siri Vs. Android's Voice Actions

By now, unless you live under a very large Nexus Prime-shaped rock, you've probably heard about Apple's new darling, the Siri Personal Assistant - a voice-controlled application that understands voice commands by people who speak like people and not like elocution robots.
IBTimes Logo

Employment rises more than expected in September

Employment grew more than expected in September and job gains for the prior months were revised higher, according to a government report on Friday that could ease fears the economy was heading into recession.
IBTimes Logo

Employment rises in September, jobless rate steady

Employment grew more than expected in September and job gains for the prior months were revised higher, according to a government report on Friday that could ease fears the economy was heading into recession.
IBTimes Logo

Stock futures lower ahead of payrolls data

Stock index futures eased on Friday after a three-day Wall Street rally and ahead of a closely watched monthly jobs report, which is expected to show moderate gains after last month's flat reading.
IBTimes Logo

Insight: Investors take AIM in choppy markets

In a large, high-ceilinged office adorned with dark damask wallpaper, 59-year-old Chris Gilbert sits below two opulent chandeliers, talking with enthusiasm about the marble producing company he set up at the start of the year.
IBTimes Logo

Stock futures ease ahead of payrolls data

Stock index futures eased on Friday after a three-day Wall Street rally as investors awaited a closely watched monthly report on employment, which is expected to show moderate gains after last month's flat reading.
Gold Bars

Gold Headed for Biggest Weekly Gain in a Month

Gold headed up Friday for its biggest weekly gain in a month as equities regained strength after fresh European efforts to resolve the debt crisis eased worries about a global recession, while purchases from jewelers offered additional support.
IBTimes Logo

Wall St futures signal steady open

Equities were expected to steady on Friday after sharp gains in the previous session, with futures for the S&P 500 staying flat, for the Dow Jones gaining 0.08 percent and for the Nasdaq 100 falling 0.07 percent.
IBTimes Logo

Moody's cuts credit ratings on UK banks RBS and Lloyds

Credit rating agency Moody's downgraded Britain's part-nationalized banks Lloyds and Royal Bank of Scotland on Friday, although Britain's finance minister said UK banks were well-placed to cope with a European debt crisis.
Gold bars at the Korea Gold Exchange

Gold Set for Big Weekly Gain

Gold headed for its biggest weekly gain in a month Friday as equities regained strength after fresh European efforts to resolve the debt crisis eased worries about a global recession, while purchases from jewelers offered additional support.
IBTimes Logo

European stocks rise ahead of U.S. jobs data

European stocks rose on Friday and the euro clung to gains from a 2-cent rally after euro zone policymakers moved to shore up struggling banks and fend off a financial crisis, while markets positioned for U.S. employment data due later.
IBTimes Logo

Asian stocks rise on Europe bank moves

European stock index futures rose on Friday, following a bounce in Asian shares, and the euro clung to gains from a 2-cent rally after euro zone policymakers moved to shore up struggling banks and fend off a financial crisis.
IBTimes Logo

Asian stocks up on Europe bank moves

Asian stocks rose Friday and the euro clung to gains from a 2-cent rally after euro zone policymakers moved to shore up struggling banks and fend off a new financial crisis.
IBTimes Logo

S&P cuts core Dexia banks by one notch, on watch

Standard and Poor's on Friday downgraded the core banks of Franco-Belgian financial group Dexia by one notch, citing difficulties in securing wholesale funding and the need for increased collateral.
IBTimes Logo

Goldman unit sued for canceling Lehman sale deal

A unit of Lehman Brothers Holdings Inc sued an affiliate of Goldman Sachs Group Inc , saying it used pretextual excuses to avoid closing on a real estate purchase worth at least $385 million.
IBTimes Logo

Wall St rises for 3rd day on ECB liquidity move

Stocks rose on Thursday after the European Central Bank launched fresh liquidity measures to help banks weather the euro zone's debt crisis, easing one of the major concerns overhanging markets.
IBTimes Logo

Jobless claims data points to labor improvement

New claims for unemployment benefits rose modestly last week but hovered near levels normally associated with improving labor market conditions, in a hopeful sign for the struggling economy.
IBTimes Logo

Del Monte, Barclays in $89.4 million settlement

Del Monte Corp and Barclays Capital have agreed to pay $89.4 million to Del Monte shareholders in one of the largest cash settlements on record in Delaware Chancery Court, lawyers for the plaintiffs said on Thursday.
IBTimes Logo

Euro QE and a Gann 1/8 Line

While fear fosters headlines, cash is what creates stories. And cash is the route the European Central Bank has chosen to go.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.