Asia stocks rise after Dow hits another record
Asian stock markets rose Thursday on the heels of another record high on Wall Street and an interest rate cut in South Korea to boost economic growth.
China's April inflation rises to 2.4 percent
China's inflation rose slightly in April amid concern about the strength of its economic recovery. Consumer prices rose 2.4 percent over a year ...
Oil slips toward $95 as US supplies seen rising
The price of oil slipped closer to $95 a barrel Wednesday as investors weighed a rise in China's trade data against expectations of another increase ...
Argentina offers tax amnesty for undeclared cash
Argentina's government announced new measures on Tuesday intended to suck up undeclared dollars in response to growing pressure to abruptly devalue ...
Survey: US home prices up 10.5 pct. in past year
A survey shows U.S. home prices rose 10.5 percent in March compared with a year ago, the biggest gain since March 2006. Core Logic, a real estate data ...
Cranberry farmers struggle as surplus drops prices
U.S. cranberry farmers who spent millions of dollars to replant and expand bogs face a financial crisis after a huge harvest in Canada flooded the ...
Oil down toward $95 as US jobs momentum fades
The price of oil edged down on Monday as enthusiasm over last week's strong U.S. jobs report faded. The benchmark oil contract for June delivery was ...
Outlook grim in Venezuela's essential oil industry
Only the filthy water from broken sewer pipes keeps the dust down in front of Ramon Boet's shop, which sells statues of saints and other religious ...
Survey: US service firms grew more slowly in April
A survey of U.S. service firms says the sector expanded at a slower pace in April than March, as companies reported less business activity and ...
US worker productivity rises just 0.7 pct. in Q1
U.S. worker productivity barely grew from January through March after shrinking in the final three months of 2012. Weak productivity growth could ...
Oil trades above $91, recovering from big drop
The price of oil made gains above $91 per barrel Thursday, rebounding from a steep drop, as the European Central Bank cut its key interest rate to a ...
Fed keeps stimulus, says taxes and cuts have hurt
The Federal Reserve cautioned America's political leaders Wednesday that their policies are hurting the economy. The Fed stood by its aggressive ...
Detroit boosted by truck sales; Honda, Nissan gain
Ford, GM, Chrysler and Nissan all reported double-digit U.S. sales increases last month, signaling the best April for car and truck sales in six years
ECB weighs rate cut as eurozone economy struggles
Economists say the European Central Bank could cut interest rates as soon as Thursday because of fears that the euro area's economy isn't recovering ...
Oil sinks to near $92 on China manufacturing data
The price of oil dropped to near $92 a barrel on Wednesday after data showed a slowdown in China's manufacturing growth and a rise in U.S.
No policy changes are expected as Fed ends meeting
The Federal Reserve is widely expected Wednesday to stick with its aggressive efforts to strengthen a still-subpar economy. The Fed will likely end ...
Brighter view on jobs and pay lifts US confidence
Americans are more optimistic the job market is healing and will deliver higher pay later this year. That brighter outlook, along with rising home ...
Markets steady despite growing ECB rate cut talk
European markets steadied Tuesday following a strong performance the previous session despite growing expectations of an interest rate reduction from ...
US home prices up 9.3 pct., most in nearly 7 years
U.S. home prices rose 9.3 percent in February compared with a year ago, the most in nearly seven years. The gains were driven by a growing number of ...
Eurozone inflation falls to 3-year low in April
Expectations are mounting that European Central Bank will cut interest rates this week after figures Tuesday showed inflation in the euro area at a ...
Fed likely to stick with low-rate stance this week
A combination of scant inflation and still-modest U.S. economic growth will likely lead the Federal Reserve this week to maintain its drive to keep ...
Japan manufacturing, hiring rise in March
Japan manufacturing and employment showed slight improvements in March, buttressing hopes that the economy may be headed for a moderate recovery.
Oil above $94 on US data, hope of EU rate cut
The price of oil rose above $94 per barrel Monday as positive U.S. economic data added to optimism for a rate cut in Europe. Benchmark crude for June ...
German inflation down, door open for ECB rate cut
The European Central Bank has a freer hand to cut its key interest rate now that official figures show German inflation dropped to an annual 1.
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