The latest economic data showed marked improvement over the course of one month, as applications for unemployment benefits fell and private sector employment increased.
News Corp made the right move selling MySpace, the social media site. Some say MySpace had become 'sleazy.'
News Corp paid $580 million for social media site Myspace six years ago, but today News Corp announced it has sold a majority of its MySpace ownership for $35 million.
U.S. stocks were mixed in early trade on Wednesday with Nasdaq turns negative after Greece’s parliament approved key austerity bill to prevent a debt default.
Apple is now suing Samsung in South Korea, the electronics company's home base.
Apple Inc. has filed a patent suit with a court in South Korea, claiming Samsung Electronics copied its intellectual property, the latest in the companies' legal tussle over their best-selling smartphone and tablet devices.
Stocks continued to fall in early afternoon trading Wednesday, erasing most of Tuesday's gains.
Oil prices fell on Friday as Saudi Arabia reportedly followed through on its threat to defy OPEC and unilaterally increase oil production.
The Dow Jones Industrial Average fell below 12000 points on Friday, threatening to bring the stock market to a sixth consecutive week of losses. It would be the longest such slump since 2002.
US stocks bounced higher on Thursday as the market took a breather from the mid-year malaise that began in May.
U.S. stocks slumped on Wednesday, marking the biggest decline since August, as weaker-than-expected reports on ADP private sector employment and ISM manufacturing raised concerns about the current economic soft patch.
The Dow Jones Industrial Average and S&P 500 had their worst day of the year Wednesday, as the stock market was hit from multiple sides with troubling economic reports.
U.S. stocks declined in early trade on Wednesday as weaker-than-expected ADP private sector employment report weighed on the sentiment.
Futures on major U.S. indices point to higher opening on Tuesday as speculation that the European Union authorities will agree a fresh bailout for debt-laden Greece buoyed sentiment.
We're in no danger of hyperinflation because the Fed is not printing money. That's not what the program is all about. Instead it was a gamble meant to lift the prices of stocks and commodities, which it did - but which could now colapse very quickly when QE2 ends.
In less than 90 days, the debt crisis in Europe drove gold up more than 17.5% in 2010. If gold were to repeat the same pattern we saw last year, we could tack on 17%+ from today’s prices, putting the metal at over $1780 per ounce.
Stocks rallied broadly today supported by a surge in commodity prices.
U.S. stocks declined in early trade on Tuesday as weaker-than-expected housing data and disappointing results from Hewlett-Packard weighed on the sentiment.
US stocks closed modestly down despite solid data as the market continues to exhibit risk aversion.
Stocks, led by defensive shares, rebounded from prior session losses, as commodities also clawed back higher.
U.S. stocks declined in early trade on Thursday as disappointing outlook from Cisco Systems and lower commodity prices weighed.
U.S. stocks dropped sharply (wiping out this week’s advances) in tandem with plunging commodity prices