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Financial markets

Oil joins in stock, commodities sell-off
Oil prices dropped Tuesday along with stocks and other commodities on concerns that central banks around the globe may back off on measures to boost ...
Turkish economy depends on political stability
The escalation in the clashes between Turkey's government and protesters could hurt an economy that has become a source of growth and stability in a ...
Correction: Iceland-Secret Spillers story
In a story June 10 about Iceland's role as a possible destination for the American intelligence contractor who leaked National Security Agency ...
German court weighs legality of ECB crisis measure
Top European financial officials testified Tuesday for and against a European Central Bank program that has been instrumental in calming the euro debt ...
US stocks erase most of an early swoon
Wall Street is recovering nearly all of an early loss as traders shrug off a rout in overseas markets. The Dow Jones industrial average was down a ...
US stocks follow global markets lower
A rout in global markets spread to the U.S. early Tuesday, nearly wiping out the stock market's gain for the month. The selling started in Asia ...
Futures follow global markets sharply lower
Stock futures are following overseas markets sharply lower on uncertainty about the role of Asian and European governments in global economic recovery ...
Juncker concedes mistakes on Greek bailout
Former Eurogroup president Jean-Claude Juncker conceded Tuesday that mistakes were made in the bailout of Greece — days after a similar admission by ...
Price of oil edges downward from $96 per barrel
Oil prices edged down Tuesday after a credit-rating upgrade of U.S. government debt led investors to speculate that the U.S. central bank might ...
Merkel, Obama to discuss NSA surveillance program
Germany's chancellor will raise the issue of the U.S. National Security Agency's eavesdropping on European communications when she meets President ...
S&P upgrades US outlook, but investors yawn
The Standard & Poor's ratings agency said Monday it's getting more optimistic about the U.S. economy. But investors just yawned. Stocks budged higher ...
Investors unimpressed by S&P's brighter US outlook
The stock market is closing mostly lower after investors were unimpressed by a rating agency's brighter outlook on the U.S. government's credit rating
Oil down slightly, market awaits demand outlook
Oil stalled Monday, after last week's 4 percent gain, as traders await the latest readings on oil supplies and updated forecasts for demand.
ECB defends bond program before German hearing
A top European Central Bank official has warned that a German court judgment against the bank's program to buy the bonds of troubled economies could ...
Sluggish start on Wall Street as a rally slows
The stock market is getting off to a mixed start as traders show only mild enthusiasm for an improving outlook for the U.S. government's credit rating
US stock futures follow Asian markets higher
U.S. stock futures are following markets in Asia higher on new data showing that Japan's economy grew faster than originally thought this year.
Price of oil falls below $96 a barrel
The price of oil fell Monday, wiping away some of the gains posted late last week on the heels of a positive U.S. employment report. Benchmark oil for ...
Asian markets up on strong US jobs data
Global stocks rose Monday after U.S. jobs data helped allay concern the Fed might wind down its stimulus and Japan's prime minister promised new tax ...
As Japan seeks revival, hedge funds bet on a bust
Until a couple of months ago, Takashi Yamada had one of the most genteel jobs in Japan. Now, his days are so harried he doesn't have time to eat lunch
Stocks jump after US jobs report beats forecasts
Steady growth in hiring last month sent the stock market sharply higher Friday. The 175,000 jobs added by U.S. employers last month was just what ...
Greek opposition: IMF mistake won't ease austerity
An admission from the International Monetary Fund this week that it mishandled the early stages of Greece's massive bailout will not lead to any ...
Oil rises above $96, tracking stock market
The price of oil closed above $96 Friday, after the government said the economy added 175,000 jobs last month, a good sign for fuel demand.
Global markets rise after US jobs report
Stock markets rose on Friday after a U.S. jobs report suggested the Federal Reserve is likely to keep its stimulus program going for now. The Labor ...
EU's top economic official lashes out at IMF
The man in charge of the European Union's rescues of its debt-crippled countries has slammed the International Monetary Fund's criticism of the Greek ...