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Financial markets

Futures dip as France slips into recession
Stock futures dipped Wednesday as another nation in Europe sank into recession and the economic contraction for the entire European Union stretched ...
Projected lower deficit could slow any budget deal
The good news is the budget deficit for the current year is projected to come in well below what was estimated just a few months ago. The bad news for ...
Asia stocks up as US small business mood improves
Enthusiasm on Wall Street sparked by another positive report on the U.S. economy helped push most Asian stock markets higher Wednesday. The National ...
2013 deficit estimate lowered to $642 billion
The budget deficit for the current year is projected to come in well below what was estimated just a few months ago, a development that could further ...
Stock market rises back into record territory
The stock market marched back into record territory Tuesday as investors seized on the latest encouraging news about the economy. This time, it was ...
Oil slides as IEA sees US output rising
The price of oil slid by nearly $1 a barrel Tuesday as the International Energy Agency raised its forecast for U.S. oil production while cutting its ...
Fitch upgrades Greece's credit rating
Debt-hobbled Greece got a new morale boost Tuesday, with Fitch ratings agency upgrading its sovereign credit grade, a day after the country's European ...
EU to shift bill for bank failures to creditors
European Union governments want to shift the cost of rescuing troubled banks from taxpayers to the banks' creditors — including the holders of large ...
Stocks edge higher in early trading on Wall Street
Stocks are slightly higher in early trading on Wall Street, even as several big retailers slumped after reporting disappointing earnings.
Oil slides below $95 as US oil output seen rising
The price of oil slid below $95 a barrel on Tuesday as the International Energy Agency raised its U.S. oil production forecasts and cut its prediction ...
Nissan chief welcomes yen fall for luxury brand
Nissan Motor Co. President Carlos Ghosn welcomed the yen's recent decline to what he called "neutral" levels for the Japanese automaker's ...
Asia stocks rise on US retail sales gain
Asian stock markets rose Tuesday after data showed U.S. consumers revved up their retail spending last month. The Commerce Department in Washington ...
Stock market rally pauses on Monday
A record-breaking rally in stocks paused Monday as investors assessed whether the rise in stock valuations overstated the recent improvement in the ...
Poll shows favorable views of EU in sharp decline
Positive views of the European Union by its citizens are near all-time lows. And no EU country is plunging faster into the abyss of gloom than France.
Oil falls to near $95 as dollar strengthens
The price of oil fell to near $95 a barrel on Monday, as the dollar continued to strengthen against the yen and other major currencies. Benchmark oil ...
Euro ministers urge troubled Slovenia to act
European finance ministers on Monday urged Slovenia to move swiftly in addressing the problems in its banking sector and get its public finances under ...
Europe at odds over next steps to banking union
European leaders are increasingly at odds over how to create a full-fledged banking union, the bloc's key project to stabilize its financial system ...
Greece uses emergency power on striking teachers
The Greek government said Monday it will use emergency powers to prevent protesting teachers from disrupting university entrance exams this month.
Danone to acquire US baby food maker Happy Family
French yogurt maker Danone says it has agreed to take a more than 90-percent stake in organic baby food maker Happy Family. Although Danone is known ...
Iran says $100 per barrel is 'fair' price for oil
Iran's oil minister says the country supports prices of $100 for a barrel of crude. A Monday report by the ministry website quotes Rostam Ghasemi as ...