Wall Street was poised for a lower open on Wednesday after a report on private-sector employment in March dented hopes of a stronger economic recovery in the United States, and a rating downgrade of Greek banks heightened concerns about the debt-laden country.
U.S. mortgage applications rose in the latest week for the first time in three weeks as demand for home purchase loans reached the highest level since October, data from an industry group showed on Wednesday.
European Central Bank President Jean-Claude Trichet said on Wednesday he expected markets to reward Greece for its fiscal consolidation measures.
Google Inc has said it identified cyber attacks aimed at silencing opposition to a Vietnamese government-led bauxite mining project involving a major Chinese firm, and said they were similar to those at the heart of the company's friction with Beijing.
A Manhattan federal judge dismissed a shareholder lawsuit accusing current and former American International Group Inc executives and directors of ignoring red flags, leading to the insurer's near collapse and about $180 billion of federal bailouts.
Stock index futures edged lower on Wednesday as investors awaited a report on private-sector employment to assess the strength of recovery in the jobs market.
Investors cut back on equities and lifted exposure to bonds in March, signaling a degree of caution about coming months as world stocks headed for their fourth quarterly rise.
Stock index futures edged lower on Wednesday as investors awaited a report on private-sector employment to assess the strength of recovery in the jobs market.
Stocks futures edged down on Wednesday, pointing to a slightly weaker start for Wall Street, with some caution persisting ahead of a private sector jobs report.
World equities were flat on Wednesday, though they were headed for their fourth consecutive quarterly rise, while the dollar hit a three-month high against the yen and Greece's borrowing costs rose on supply plans.
World equities ticked down on Wednesday though they were headed for their fourth consecutive quarterly rise, while the dollar hit a three-month high against the yen and the Australian dollar fell.
However „The-Trading-Coach will relax some days and we see us again next week. Nethertheless I will give you a short update for today.
Redwood Trust Inc is looking to float at least $200 million worth of securities backed by home mortgage loans, the Wall Street Journal said, citing people familiar with the situation.
A lender which claims it is owed millions by the Sex.com domain name operator is asking a U.S. bankruptcy court to dismiss an involuntary bankruptcy case against the company, so it can resume a foreclosure auction, according to new court documents.
Google Inc blamed the great firewall of China for blocking its Internet search service in the country on Tuesday, but said it did not know if the stoppage was a Chinese technical glitch or a deliberate move in their face-off over Internet censorship.
Just over four weeks ago we wrote that the duel between economic recovery and accompanying inflation versus economic stagflation and unemployment has kept crude oil futures within a $13.00 barrel trading range since October, 2009
The Australian dollar advanced again for the second day against the Greenback pushed on by gains in commodities.
Zimbabwe is a nation with lots of diamonds and minerals but is one of the poorest in the world. Its inflation rate is almost 1,00,000 per cent. And in Zimbabwe, there is a place called Chiadzwa, which is known for its massive diamond deposits that can be dug out with simple tools only a few feet below the ground.
Consumer confidence rebounded in March, while home prices rose in January for the eighth straight month according to a closely watched housing index, bolstering hopes for a sustainable economic recovery. The data on Tuesday came a day after news of further gains in consumer spending as Americans feel more confident about the economy. Consumer participation is critical for the durability of the recovery that started in the second half of 2009.
Stocks rose in a slow session on Tuesday on data showing more stabilization in the economy, while Apple Inc rallied on a report that it was developing a new iPhone.
Ireland hit its banks with a hefty penalty to take loans off their hands and said they needed at least 22 billion euros ($30 billion) in extra funds to recover from a property collapse that was worse than feared.
California's Treasurer has sent a letter to six big banks that underwrite the state's municipal bond sales, asking what the banks' role may be in also selling credit default swaps on California debt.
The Supreme Court handed a victory to the $11 trillion mutual fund industry by endorsing a 1982 legal standard to decide the fairness of fund fees, a ruling that gives companies considerable freedom to set investment adviser charges.
The U.S. Supreme Court handed a victory to the $11 trillion mutual fund industry by endorsing a 1982 legal standard to decide the fairness of fund fees, a ruling that gives companies considerable freedom to set investment adviser charges.
Consumer confidence rebounded in March, while home prices rose in January for the eighth straight month according to a closely watched housing index, bolstering hopes for a sustainable economic recovery.
Toyota Motor Corp's U.S. sales rose about 35 percent in March from a year earlier after the automaker offered steep discounts to win back consumers after massive recalls, a U.S. executive said on Tuesday.
Bets on U.S. credit card companies may fetch gains for investors as the firms are set to benefit from the economic recovery, a fund manager with Invesco Aim said.
Stocks rose in a slow session on Tuesday on data showing more stabilization in the economy, while Apple Inc rallied on a report that it was developing a new iPhone.
U.S. stocks rose in a slow session on Tuesday as Apple Inc and Verizon Communications Inc climbed, while data showing more stabilization in the economy helped offset profit-taking in the financial sector.
U.S. stocks rose in a slow session on Tuesday as Apple Inc and Verizon Communications Inc climbed, while data showing more stabilization in the economy helped offset profit-taking in the financial sector.
