The index of U.S. leading economic indicators rose 0.3 percent in March, extending its upward trend for a sixth month. Thursday's data points to a more positive outlook despite subdued consumer expectations and weakness in manufacturing new orders.
Moran Zhang
Apr 19, 2012
Stocks were set to open little changed on Thursday as investors grappled with euro zone uncertainty, a raft of corporate earnings and softer-than-expected data on the domestic labor market.
IBT Staff Reporter
Apr 19, 2012
More Americans than expected filed for jobless benefits last week, which also happens to coincide with the April payroll employment survey week, echoing the International Monetary Fund's view that job creation this year and next will be modest at best.
Moran Zhang
Apr 19, 2012
New U.S. claims for unemployment benefits fell less than expected last week, according to a government report on Thursday that could dampen hopes of a pick-up in job creation in April after March's slowdown.
Joseph Lazzaro
Apr 19, 2012
New U.S. claims for unemployment benefits fell less than expected last week, according to a government report on Thursday that could dampen hopes of a pick-up in job creation in April after March's slowdown.
IBT Staff Reporter
Apr 19, 2012
Asian shares moved in a narrow range Thursday after the previous day's rally as investors grew cautious ahead of a key Spanish bond sale that would test the market's risk appetite as concerns mounted over the euro zone's debt crisis.
Eric Linton
Apr 18, 2012
Juan Carlos I, the king of Spain, issued a public apology on Wednesday in response to widespread criticism of his ill-timed elephant-hunting vacation in Botswana. Is the once-revered Spanish monarch is likely to step down?
Jacey Fortin
Apr 18, 2012
More than half of local and state employees continue to work under pay freezes, while others are accelerating their retirements or facing the prospects of layoffs as the effects of the recession linger on the public sector, according to a survey released on Wednesday.
IBT Staff Reporter
Apr 18, 2012
The Obama campaign launched an appeal to Latino voters on Wednesday, seeking to bolster its advantage with a bloc of voters that could play a pivotal role in several swing states.
Jeremy White
Apr 18, 2012
A Florida law mandating drug testing for welfare applicants failed to save money or identify many drug abusers, data that sharpens concerns about a similar law just enacted in Georgia.
Jeremy White
Apr 18, 2012
Economic experts watching Spain don't know how much money will be needed or precisely when, but some are near certain that Madrid will eventually seek a multi-billion euro bailout for its banks, and perhaps even for the state itself.
Joseph Lazzaro
Apr 18, 2012
French President Nicolas Sarkozy and his key socialist contender Francois Hollande have narrowed the gap between them less than a week ahead of the first round of presidential election, polls indicate.
Amrutha Gayathri
Apr 18, 2012
The U.S. economic outlook for next year is being shadowed by what economists are calling the fiscal cliff of 2013 -- the expiration of enormous tax cuts and transfer payments.
Hao Li
Apr 17, 2012
About 90 percent of Syrian crude exports went to Europe -- oil revenues represented about one-fifth of Syria’s GDP.
Palash Ghosh
Apr 17, 2012
The second congressional hearing on the General Services Administration's (GSA) wasteful spending of taxpayers' money continued on Tuesday, with at least one lawmaker saying it's time to start talking about an alternative to the GSA.
Laura Matthews
Apr 17, 2012
German investor confidence unexpectedly rose on in April, calming fears that the euro zone's sovereign debt crisis is weighing down the country's economy, according to a report from Mannheim, Germany-based Centre for European Economic Research, or ZEW.
Hao Li
Apr 17, 2012
Global growth is slowly improving as recovery in the United States gains traction and dangers from Europe recede, but risks remain elevated and the gains are very fragile, the International Monetary Fund said on Tuesday.
IBT Staff Reporter
Apr 17, 2012
The International Monetary Fund on Tuesday raised its projection of growth in the U.S. gross domestic product to 2.1 percent this year and 2.4 percent next year, from 1.7 percent in 2011.
Mike Obel
Apr 17, 2012
Senate Republicans on Monday afternoon blocked President Barack Obama's Buffett Rule legislation, which would have put a 30-percent minimum tax on millionaires.
Eric Linton
Apr 16, 2012
The Federal Reserve is independent but it does not exist in a vacuum, as waning appetite at the central bank for contentious bond purchases suggests.
IBT Staff Reporter
Apr 16, 2012
Investment management firm Loomis Sayles' stock market forecast for 2012 and beyond is quite bullish.
Hao Li
Apr 16, 2012
South Korea's central bank on Monday trimmed its forecast for economic growth in Asia's fourth-largest economy this year due to a global downturn and weak domestic demand.
IBT Staff Reporter
Apr 15, 2012