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Billions wiped off energy shares as investors rush for exit

A fresh slide in the price of crude wiped tens of billions of dollars off oil companies' market value on Friday and signaled an end to the sector's safe-haven status, as fears mounted over future profits and dividend payouts.

Nov 28, 2014 11:25 AM EST


S&P 500 down on oil rout, but on track for six-week rally

U.S. stocks were little changed on Friday, with major indexes on track for a sixth straight weekly advance in a holiday-shortened session, though energy shares saw heavy pressure as crude oil tumbled to a four-year low.

Nov 28, 2014 11:23 AM EST


Japan inflation slows in October, highlights challenge facing Abe

Japan's annual core consumer inflation slowed for a third straight month in October due to falling oil prices, highlighting the economic gloom facing Premier Shinzo Abe as he campaigns for a new mandate to implement his stalled recovery plan.

Nov 28, 2014 11:22 AM EST


Speculators increase bets that Brent crude will fall to $65 in first quarter

The main bet that oil speculators are making for the first few months of next year is that a barrel of Brent crude will fall to $65, according to options market data.

Nov 28, 2014 11:19 AM EST


Deere says equipment sales to fall further as farm incomes drop

Deere & Co (DE.N) said it expected equipment sales to fall further as lower grain prices discourage farmers from buying tractors, harvesters and other machinery.

Nov 26, 2014 10:18 AM EST


U.S. consumer sentiment climbs in November

U.S. consumer sentiment rose in November to its highest level in more than seven years on improvements in the current economic condition, including lower gas prices and improving job prospects, a survey released on Wednesday showed.

Nov 26, 2014 10:13 AM EST


Goldman, BASF, HSBC accused of metals price fixing: U.S. lawsuit

Goldman Sachs Group Inc (GS.N), Germany's BASF SE (BASFn.DE) and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff's law firm called the first nationwide class action over alleged price-fixing of the metals.

Nov 26, 2014 10:11 AM EST


Thanksgiving lessons on index funds

Every industry has its loss leaders, and the investment world is no different. The theory is that you will go to the store for the $12 turkey and stick around to buy dressing, cranberries, juice, pies and two kinds of potatoes. Mmmm, but I digress.

Nov 26, 2014 10:08 AM EST


Bank of Japan's Kuroda resolute in fight against deflation, says ready to ease more

Bank of Japan Governor Haruhiko Kuroda on Tuesday stressed the bank's readiness to expand stimulus further to meet its price goal, a message that was partially echoed by an European Central Bank policymaker as the euro zone economy battles to lift off.

Nov 25, 2014 11:35 AM EST


China won't consider more rate cuts or easing until fourth quarter data out: official

China's central bank will wait until fourth-quarter economic data is out and monitor U.S. and Japanese monetary policy before considering any more rate cuts or easing, a central bank adviser said on Tuesday

Nov 25, 2014 11:34 AM EST


Yen gains after BOJ minutes; dollar retreats

The yen rose on Tuesday after Bank of Japan minutes showed the hurdle to further quantitative easing was high, while the dollar slipped as data showing a deterioration in consumer confidence overshadowed a surprise upgrade in third-quarter U.S. growth.

Nov 25, 2014 11:32 AM EST


Wall Street dips on consumer data, indexes near records

U.S. stocks edged lower on Tuesday, with major indexes retreating slightly from record levels after a reading of consumer confidence unexpectedly fell to its weakest level since June.

Nov 25, 2014 11:29 AM EST


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