Result Page 116 for Latest Markets News & Archive

Markets

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

Markets

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.

World

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.

Markets

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.

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

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.

Sep 11, 2014 10:18 AM EDT

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.

Sep 11, 2014 10:16 AM EDT

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).

Sep 11, 2014 9:59 AM EDT

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