Dollar index on track for best run in 17 years
The dollar was steady on Friday at six-year highs against the yen, and the dollar index was headed for a ninth consecutive week of gains after strong retail sales data added to expectations that U.S. growth is gaining steam.
Sep 12, 2014 12:26 PM EDT
U.S. jobless claims rise, but firming labor market trend intact
The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but that probably does not signal a material shift in labor market conditions as claims remain near their pre-recession levels.
Shares sag but sterling gains as Scotland poll eases nerves
Sterling rose off multi-month lows on Thursday as a poll showing that most Scots intend to vote against independence next week alleviated concerns over the future of the UK, but equities slipped on an unexpected rise in U.S. jobless claims.
Senators urge Burger King to ditch move to Canada
A group of U.S. senators wants Burger King Worldwide (BKW.N) to scrap its plans to invert, or move its tax domicile to Canada, as part of a deal to buy coffee and donut chain Tim Hortons Inc (THI.TO).
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Dollar sweeps to 14-month high, iPhone mania builds
A robust dollar swept to a 14-month high on Tuesday as investors tweaked bets on an early hike in U.S. interest rates, burdening oil, gold and stocks in emerging markets.
Sep 09, 2014 11:10 AM EDT
Dow, S&P 500 fall, but tech lifts Nasdaq
The Dow and S&P 500 are lower on Monday, pulling back after a five-week rally, though that upward momentum is still seen as intact and strength in technology shares is lifting the Nasdaq.
Sep 08, 2014 11:34 AM EDT
WHO urges drug companies, regulators to speed Ebola work
The World Health Organisation (WHO) called on Thursday for pharmaceutical companies and regulatory agencies to work together to accelerate development of safe and efficient drugs and vaccines against Ebola.
Sep 05, 2014 10:55 AM EDT
Wall St., dollar rise as ECB rate cuts sting euro
Stock markets gained and the euro sank on Thursday after the European Central Bank unexpectedly cut already ultra-low interest rates and detailed plans to start buying loans and bonds next month to prop up the continent's struggling economy.
Sep 04, 2014 11:11 AM EDT
Microsoft, publishers try to stop 'catastrophic' Google EU deal
Microsoft and publishers across Europe attacked Google's antitrust deal with EU regulators, calling it a "catastrophic" proposal that would serve only to entrench its dominance of the online search market.
Sep 04, 2014 10:57 AM EDT
Ukraine ceasefire hopes push stocks, ruble higher
World markets jumped on Wednesday as Ukraine's President Petro Poroshenko said a ceasefire had been reached with Russia, raising hopes that a recent escalation in the conflict could be reversed.
Sep 03, 2014 11:26 AM EDT
Bullish U.S. manufacturing, construction data bolster growth outlook
U.S. manufacturing activity increased to its highest level in nearly 3-1/2 years in August and construction spending rebounded strongly in July, in further signs of vigor in the economy.
Sep 02, 2014 11:34 AM EDT
Insider traders in U.S. face longer prison terms, Reuters analysis shows
U.S. judges are imposing increasingly long prison terms for insider trading, a Reuters analysis shows. The rise is at least partly driven by the bigger profits being earned through the illegal schemes, defense lawyers said.
Sep 02, 2014 11:22 AM EDT
Pending home sales rise sharply, point to stronger market
Americans signed more contracts in July to buy previously-owned homes than in any month in almost a year, suggesting the housing market was pulling out of its slump more quickly than expected.
Aug 28, 2014 11:01 AM EDT
Buffett puts shareholders ahead of patriotism in Canadian deal
Warren Buffett may be most famous for the billions of dollars he has made from investing but he is also well known as a cheerleader for the United States. The Oracle of Omaha routinely exhorts investors to put their money in America, "the mother lode of opportunity," as he wrote in his annual letter this year.
Aug 27, 2014 9:28 AM EDT
Uber eyes aggressive expansion in Germany despite bans
U.S. car service Uber is planning an aggressive expansion in Germany despite a backlash from cities like Berlin and Hamburg, which have questioned its right to operate in highly regulated markets dominated by traditional taxis.
Aug 27, 2014 9:14 AM EDT
Futures point to flat open with indexes at records
U.S. stock index futures pointed to a flat open on Wednesday, as investors found few reasons to keep buying after a rally that has taken indexes to repeated records, even as there was little seen on the horizon that could derail the rally.
Aug 27, 2014 9:11 AM EDT