U.S. stocks barely budged on Tuesday as persisting worries about overseas fiscal problems offset optimism over data that underscored the view the economy was stabilizing.
The U.S. Supreme Court rejected a lower-court ruling that made it harder for individual shareholders to sue a mutual fund investment adviser for excessive fees.
U.S. consumer confidence rebounded in March, helped by a slight increase in optimism about the labor market, according to a private report released
U.S. 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.
Does what you wear to an interview really make a difference in the hiring process?
U.S. manufacturing executives have a brighter outlook on the economic recovery than do their colleagues in the European Union or the service sector, according to a study released on Tuesday.
Following a court's decision to send four of steel giant Rio Tinto's employees to jail for accepting bribe, the world is waiting with bated breath to see how the steel firm reacts to the Chinese government's move. The verdict has cast a cloud over China as a destination for global firms to do business. After the verdict, the Australian government and media had expressed concerns over the trial and the conviction of Rio's four employees, including its China head.
Facing enormous energy shortage, Vietnam on Tuesday signed an agreement with the US to boost nuclear energy production in the country. According to Vietnam's energy ministry, the deal will help the country to meet growing energy demand as it allows U.S. firms to help build nuclear plants in the country.
At a time when everything the world is running on EMIs, why can't people buy gold jewellery by paying in instalments? And if you get some bonus for doing that why would anybody think twice? This is the unique way Tata Group's Tanishq, the renowned jewellery brand, thought before launching its 'Golden Harvest Saving Scheme'. The scheme is highly popular among middle class people who wanted to buy jewellery on some particular occasions like wedding or festivals. The scheme allows you to save Rs 50...
Sustained inflation has rised the denomination values of US coins over the years, according to National Inflation Association which has launched 'Coin Melt Values' as a new feature in its website http://inflation.us/coins. It is updated daily with the latest melt values of U.S. coins that are currently in circulation or were previously in circulation. The purpose of NIA's new feature is to demonstrate how over time, inflation makes U.S. coins worth more than their denomination values, a NIA pres...
Will South Africa increase its stake in platinum group metals (PGM) industry following a green signal from an advisory body? A totally black-owned company KIO Advisory Services recently said that the country should raise its involvement in the PGM industry in order to achieve transformation. And, if that happens, there is a chance of big changes in South Africa's mining sector. Even gold, and platinum and other precious metals' prices may also see some changes following this.
U.S. stocks rose on Tuesday as consumer confidence and housing data reaffirmed the view that the economy was stabilizing, and Apple Inc's move to develop a new iPhone boosted telecom and chipmaker shares.
Google Inc said its mobile services have been partially blocked in China for two days, while searches on its Chinese-language site became erratic, about a week after the company shut its mainland Chinese portal and rerouted Web searches to a Hong Kong site.
An international drive to impose new regulations in the wake of the financial crisis is fading and global cooperation is diminishing, the managing director of the International Monetary Fund said on Tuesday.
Prices of single-family homes rose in January for the eighth straight month and the annual rate moved the closest it has been to an increase in three years, Standard & Poor's/Case Shiller home price indexes showed on Tuesday.
Swiss bank UBS expects first-quarter revenue in its rebuilt fixed income business to be slightly below $2.3 billion, it said on Tuesday.
Wall Street was poised for a slightly higher open on Tuesday as a report showed home prices rose in January for the eighth-straight month, while corporate news, including about Apple Inc, supported early gains.
Monetary policy is not an effective tool for pricking asset bubbles, but central banks without authority to supervise banks may have no alternative, Chicago Federal Reserve President Charles Evans said Tuesday.
After a range in the morning between 1.3417 and 1.3452 there was some growing into the direction of 1.3490 with a false break-out and for the rest of the day a sideways range.
Reason for that might have been yesterdays not overwhelming news.
EXPECTATIONS FOR TODAY´S TRADING DAY
So what can we trader expect for today?
U.S. stock index futures rose on Tuesday as investors looked to upcoming data for clues the economy was stabilizing, while corporate news, including about Apple Inc, supported early gains.
China displayed new divisions on Tuesday over how to respond to mounting U.S. pressure to let its exchange rate rise.
The Federal Reserve's monetary policy is still appropriate because of high unemployment and minimal inflationary pressures in the United States, a Fed policymaker said on Tuesday.
China displayed new divisions on Tuesday over how to respond to mounting U.S. pressure to let its exchange rate rise.
U.S. stock index futures rose slightly on Tuesday as investors looked to upcoming housing and consumer confidence data for affirmation the economy was stabilizing.
Airlines are climbing out of recession with further strong increases for passenger travel and freight in February, industry association IATA said on Tuesday.
The Japanese government will set incremental goals to reduce its heavy reliance on debt in its upcoming fiscal strategy, the Nikkei business daily said, but analysts doubted it would be enough to allay concerns about its massive borrowing.
German carmaker Daimler AG dismissed market talk on Tuesday it could divest its Maybach super luxury brand, after Chinese media reported that a Chinese firm was considering buying the brand.
China displayed new divisions on Tuesday over how to respond to mounting U.S. pressure to let its exchange rate rise.
U.S. unemployment remains a cause for concern, a top U.S. Federal Reserve official said, adding that inflationary concerns are minimal.
Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.14 percent, Dow Jones futures up 0.08 percent and Nasdaq 100 futures up 0.24 percent by 4.01 a.m. ET.
