Result Page 114 for Latest Markets News & Archive

Markets

Ford to add 1,200 jobs, shift for Transit van assembly in Missouri

Ford Motor Co said on Thursday by year end it will add 1,200 jobs and a second shift to build the Transit commercial van at a plant in Missouri, making it the automaker's largest volume factory globally.

Sep 25, 2014 11:30 AM EDT

Markets

U.S. business spending plans, jobs data support growth outlook

Orders for long-lasting U.S. manufactured goods in August posted their biggest drop on record after an aircraft-related boost, but a rebound in business spending plans pointed to underlying strength in the economy.

Markets

U.S. new home sales at six-year high; supply increases

Sales of new U.S. single-family homes surged in August and hit their highest level in more than six years, offering confirmation that the housing recovery remains on course.

Markets

Bullard says Fed needs to make rate guidance more data dependent

The U.S. central bank needs to change the way it communicates its view on the future path of interest rates, a Federal Reserve official said on Tuesday, joining others inside the Fed who are calling for an overhaul of its policy statement.

Dollar softens after record run-up

The dollar softened on Monday as other major currencies recovered some ground after 10-weeks of gains by the dollar index, its longest winning streak since the greenback's free float in 1973.

Sep 22, 2014 11:32 AM EDT

Alibaba IPO ranks as world's biggest after additional shares sold

Alibaba's initial public offering now ranks as the world's biggest at $25 billion, netting underwriters of the sale a more than $300 million windfall after the e-commerce giant and some shareholders parted with additional shares.

Sep 22, 2014 11:11 AM EDT

Opportunists cash in on delayed iPhone launch in China

Lured by the promise of profit from smuggling the new iPhones into China, opportunists joined the thousands of Apple Inc fans lining up to buy the devices as they were launched on Friday across Asia.

Sep 19, 2014 11:19 AM EDT

Alibaba expected to jump more than 25 percent in trading debut

Alibaba Group Holding Ltd's (BABA.N) shares are expected to surge in their first day of trading on Friday as many investors that received fewer shares than hoped lined up orders to buy what looks likely to be the largest IPO in history.

Sep 19, 2014 11:08 AM EDT

Wall Street sees holes in Fed's new policy-tightening plan

No sooner did the Federal Reserve reveal its plan for eventually tightening U.S. monetary policy than many on Wall Street flagged problems with the mechanics of the strategy, and said more adjustments would have to come.

Sep 18, 2014 4:40 PM EDT

Dollar hits six-year peak vs yen, stocks rally

The dollar hit a more than six-year peak against the yen on Thursday on data showing U.S. jobless claims fell more than expected last week, while global equity markets rallied after the Federal Reserve renewed a pledge to keep interest rates low.

Sep 18, 2014 3:29 PM EDT

Dollar slips vs euro after U.S. CPI data hints at dovish Fed

The U.S. dollar edged lower against the euro on Wednesday after data showed U.S. consumer prices fell last month, fuelling scepticism that the Federal Reserve will adopt a more hawkish tone in a policy statement later in the session.

Sep 17, 2014 11:42 AM EDT

Shares in Russia's Sistema plunge with billionaire chairman under house arrest

Shares in sprawling Russian holding company Sistema plummeted over 30 percent on Wednesday after its billionaire chairman was placed under house arrest, wiping more than $2 billion in value off the company.

Sep 17, 2014 11:10 AM EDT

U.S. consumer prices post first decline in 16 months

U.S. consumer prices fell for the first time in nearly 1-1/2 years in August and underlying inflation pressures were muted, which could lessen the urgency for the Federal Reserve to raise interest rates.

Sep 17, 2014 11:00 AM EDT

Wells Fargo finds mortgage myths hamper home purchases

Getting a mortgage in the United States may be easier than many borrowers think, according to a survey released Monday by Wells Fargo & Co, the largest U.S. mortgage lender.

Sep 16, 2014 11:32 AM EDT

Wall St. flat, but oil price lifts energy stocks; eyes on Fed

U.S. stocks were little changed on Tuesday, though energy stocks were up for a second session as crude prices edged higher.

Sep 16, 2014 10:56 AM EDT

Microsoft to buy Minecraft maker Mojang for $2.5 billion

Microsoft Corp (MSFT.O) said on Monday it has agreed to acquire Stockholm-based games developer Mojang and the company's wildly popular Minecraft video game franchise for $2.5 billion.

Sep 15, 2014 10:56 AM EDT