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Wall Street traded modestly higher on Wednesday after a series of data showed rosy economic outlook. The U.S. Labor Department said the number of people filing first-time claims for jobless benefits f...
The latest business news, quotes, and market information.
(RTTNews) - After ending the previous session modestly lower, stocks are likely to move back to the upside in early trading on Wednesday. The major index futures are currently indicating a higher ope...
Here are the ten most active Big Board issues at this time
New York - US stocks rose Wednesday after three separate reports offered signs that the US recovery is gaining steam. Consumer spending and new home sales rose more than expected in October, while weekly jobless claims dropped to their lowest rate si...
US stocks have managed to hold onto modest gains ahead of the Thanksgiving Day holiday.
NEW YORK (AP) — Stocks are higher in light volume following a drop in weekly unemployment claims to the lowest level of the year and a rise in new home sales. Trading volume is thin Wednesday ahead of Thanksgiving. Light volume can exacerbate swings in the market.
A brighter economic forecast from the Federal Reserve helped the stock market pare steep losses that followed uninspiring reports on consumer sentiment and housing. Stocks slipped from 13-month highs in light trading as gains in health care companies helped offset...
We should give strong consideration to nationalizing the largest banks in order to run them like public utilities. We also should consider placing banking employees into the civil service system to end the ridiculous wage distortions.
NEW YORK - A brighter economic forecast from the Federal Reserve helped the stock market pare losses that followed uninspiring reports on consumer sentiment and housing.
Jail, anyone? Perhaps that's too harsh, and at any rate premature, but is anyone ever going to be held accountable for the behind-the-scenes sweetheart deals...
Nov 25 (Reuters) - Gulf Arab oil exporters have adopted an array of policy measures to ease tight liquidity and prop up sagging investor confidence during a global recession. Dubai's government took the latest step on Wednesday, raising a further $5 billion in a bond issue programme to support and fund state-linked companies. Below are details of government and central bank actions.
The White House has played host to captains of Wall Street, health-care executives and prominent Democratic supporters during President Obama's first seven months in office, according to visitor logs that were released Wednesday.
The market meltdown highlighted the risk of investing in only stocks and bonds. A new wave of funds make it easier for average investors to diversify
In response to criticism, The Federal Reserve closed a loophole that allowed a director at Goldman Sachs to be a director of the New York Fed as the agency was bailing out Wall Street.
Europe is moving towards tighter regulation of hedge funds -- blamed for exacerbating a global financial crisis -- with pay curbs to the fore.
Nov. 25 (Bloomberg) -- Emirates Airline said it agreed “under protest” to raise fares on certain routes after the company was ordered to do so last week by the German government, the Wall Street Journal reported.
