Oil falls below $72 after sharp rally in volatile market
Brent oil fell below $72 a barrel on Tuesday, giving up some of its gains in the previous day's rally from five-year lows, as traders voiced uncertainty over whether the market had reached a floor or would keep falling.
Dec 02, 2014 11:49 AM EST
Wall St. rises; energy leads despite oil weakness
U.S. stocks rose on Tuesday as a pair of big M&A deals boosted market optimism and helped the market rebound from the broad decline in the previous session, which was the S&P 500's weakest day in a month.
U.S. construction spending posts biggest gain in five months
U.S. construction spending rose more than expected in October as both private and public outlays increased, which could ease concerns of a sharp slowdown in fourth-quarter economic growth.
U.S. retailers warn of Chinese giant Alibaba's impact in U.S.
Several of the largest U.S. retailers warned that Alibaba Group Holding Inc may "decimate" local companies unless Congress closes tax loopholes for online retailers, singling out the Chinese company before it has even established a major American consumer presence.
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Fed rate hikes to depend on markets, not just economy: Dudley
The Federal Reserve will not just tighten policy based on how the U.S. economy is faring, but on how well financial markets respond to the eventual interest-rate hikes, an influential Fed official said on Monday.
Dec 01, 2014 2:25 PM EST
U.S. manufacturing cools, but underlying momentum remains
U.S. factory activity moderated in November, but sustained gains in new orders and a rebound in exports suggested the economy remained on a firmer footing despite slowing global growth.
Dec 01, 2014 1:28 PM EST
Standard Chartered hit with first S&P downgrade in 20 years
Ratings agency Standard & Poor's (S&P) cut its credit rating on Standard Chartered (STAN.L) for the first time in 20 years on Friday, citing the "tough period" the Asia-focused bank was going through and its weaker credit-worthiness.
Nov 28, 2014 11:27 AM EST
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