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Jobless claims fall, second-quarter GDP revised up

The number of Americans claiming new unemployment benefits fell to a five-month low last week, while the economy grew slightly more than previously reported in the second quarter, the latest suggestion a recession was not in the cards.
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New home sales in August fall to six-month low

New single-family home sales in the United States fell in August to a 6-month low in a sign the crippled housing market will not provide much support for the flagging economy anytime soon.
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Gold eyes biggest 3-day fall in 28 years, investors flee

Gold was set for its biggest three-day loss in 28 years on Monday, as investors fled commodity markets in a scramble to secure cash in the face of mounting fear over the impact of a potential Greek debt default on the rest of the euro zone.
Gold bullion

Gold Price Recovers, Rising from Overnight Collapse

Gold prices recovered from huge overnight losses Monday before paring losses to about 1 percent. Still in the last three days the precious metal has now lost more than 9 percent of its value in its biggest three-day drop since 1983.
Traders work at their desks in front of the DAX index board at Frankfurt's stock exchange

World Stocks Fall on Doubts over EU Plans

World stocks fell toward the previous week's 14-month low on Monday and the euro hit a 10-year low against the yen as doubts grew over how effective Europe's latest crisis-battling steps would be in containing the continent's sovereign debt problems.
Silver bars

Gold Falls Hard; Silver Falls Harder

Gold prices plummeted Friday, at one point tumbling to 15 percent below the level of three weeks ago, as investors started buying stocks and, to a lesser extent, euros. Silver is now down 25 percent from its mid-week level.
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Cardinals Crumble to Fall Back in Wild Card Race

The St Louis Cardinals allowed six runs in the ninth inning to lose 8-6 to the New York Mets on Thursday and miss their opportunity to gain ground on the Atlanta Braves in the National League wild card race.
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Stock futures fall on worries over global economy

Stock index futures tumbled on Thursday as a grim outlook from the Federal Reserve and downbeat data on private sector business activity in Europe and China stoked fears the global economy could sink back into recession.
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Quanta says Taiwan staff down as client orders fall

Quanta Computer Inc, the world's largest PC contract maker, said on Wednesday that employees at its Taiwan production line number less than 2,000, down from about 3,000 in the first half, following a decline in client orders.
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August housing starts fall more than expected

Housing starts fell more than expected in August as groundbreaking for both single-family and multi-family units dropped, suggesting the economy will not get help from residential construction anytime soon.
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World stocks fall after Italy downgrade

Stocks and the euro fell on Tuesday after ratings agency S&P downgraded Italy and as Greece held talks with creditors to avoid running out of cash within weeks, amid worries that Europe's debt woes will trigger a full-blown banking crisis.
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Asia stocks, euro fall after Italy downgrade

Asian stocks and the euro fell on Tuesday after ratings agency S&P downgraded Italy and as Greece held talks with creditors to avoid running out of cash within weeks, amid worries that Europe's debt woes will pitch the global financial system into a full-blown banking crisis.

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