Markets

Stock market has its worst week since June
Stocks closed out their worst week since June after investors looked over third-quarter corporate earnings reports and decided there wasn't much to ...
Federal deficit tops $1 trillion for fourth year
The federal budget deficit has topped $1 trillion for a fourth straight year. But a modest improvement in economic growth helped narrow the gap by ...
EU detractors slam Nobel Peace Prize decision
While some Europeans swelled with pride when the European Union won the Nobel Peace Prize, howls of derision erupted from the continent's large band ...
For triumphant JPMorgan CEO, a chance to sound off
Jamie Dimon, the CEO of JPMorgan Chase, is known as much for his swagger as for his banking savvy. Friday, when his bank reported triumphant results ...
Greece, creditors inch toward austerity agreement
Greece is inching towards an agreement with its international debt inspectors as they struggle to hammer out the details of €13.5 billion ($17.
Stock market heading for its worst week since June
Stock indexes are turning lower on Wall Street, putting the market on track for its worst week since early June. Bank and energy stocks led the way ...
Stocks mostly higher on Wall Street; Wells sinks
Stocks are opening mostly slightly higher on Wall Street, but the market is still headed for its worst week since early June. The Dow Jones industrial ...
Asia stocks up as US jobless claims fall sharply
Asian stock markets rebounded Friday after the number of Americans applying for jobless benefits plummeted unexpectedly, suggesting the recovery in ...
Fewer US layoffs no longer suggest strong hiring
Declining applications for unemployment benefits have typically pointed to stronger hiring. Not so much anymore. Since the U.S. recession officially ...
Market flatlines, pulled by jobless claims, Europe
The market closed roughly flat Thursday, underwhelmed by encouraging jobs news but unrattled by worrisome developments in the global economy. In the ...
Oil prices up as Turkey-Syria tension rises
Oil prices rose Thursday as tension between Turkey and Syria raised concerns that crude oil supplies from the Middle East could be disrupted.
Greek unemployment rises above 25 percent
Unemployment in Greece hit a record high of 25.1 percent in July as the country's financial crisis continues to exact its heavy toll, official figures ...
Brown's Calif. tax initiative hit from both sides
After returning to the governor's office, Jerry Brown criticized a political culture he said lacked a common purpose and warned of a "war of all ...
Spanish bailout dilemma sharpens
The Spanish government's dilemma over whether to request a European bailout has become more acute following a downgrade of the cash-strapped country's ...
Europe's outlook darkens as German growth fades
Europe's economic outlook darkened further Thursday when top economists slashed their growth forecasts for Germany and warned that public support for ...
Stocks climb after stronger job numbers
Stocks are opening higher after better-than-expected job numbers. The Labor Department says applications for unemployment benefits fell last week to ...
Dubai property firm restructures $1.2B in debt
An indebted property division of Dubai World behind plans to dig a massive canal through the Dubai desert says it has completed a deal to rework the ...
Geithner: US economy growing despite headwinds
U.S. Treasury Secretary Timothy Geithner said Thursday that financial reforms and other actions in response to the global crisis are yielding results, ...
SKorea cuts key rate, lowers growth forecasts
South Korea's central bank cut its key interest rate Thursday for the second time this year and slashed growth forecasts as Asia's fourth-largest ...
Asia stocks fall after Spain gets downgrade
Asian stock markets fell Thursday after Spain, the fourth-largest euro economy, was slapped with a two-notch credit downgrade and the U.S.
Iranian minister woos Indian businesses
As Western sanctions squeeze Iran and its currency tumbles, the country's energy minister wooed Indian businesses for more investment and trade.