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 ...
April report to show whether weak hiring persisted
A report Friday on April employment could show whether weak hiring in March marked a temporary lull or the fourth year in which a slumping economy has ...
Asia stocks rise on US jobs data
Asian stock markets rose Friday, finding renewed strength from a fall in U.S. jobless benefit claims and an interest rate cut by the European Central ...
US economic reports hold out hope for hiring gains
Fewer Americans are losing their jobs. Employers are struggling to squeeze more work from their staffs. The U.S. is producing so much oil that imports ...
Oil jumps more than 3 percent, natural gas drops
The price of oil rose more than 3 percent Thursday as the European Central Bank cut its key interest rate to a new low and U.S. unemployment claims ...
ECB cuts benchmark interest rate to 0.5 percent
The European Central Bank cut its key interest rate to a record low 0.50 percent Thursday and announced other measures to spur lending and help lift ...
OECD urges Italy to keep austerity as Rome balks
Italy must continue to bring down its public debt, the Organization for Economic Cooperation and Development said Thursday, even as the country's new ...
Reactions to European Central Bank rate cut
The European Central Bank, which sets monetary policy for the 17 European Union countries that use the euro, cut its main interest rate by a quarter ...
US trade deficit falls to $38.8 billion in March
The U.S. trade deficit narrowed in March for a second month as the daily flow of imported crude oil dropped to the lowest level in 17 years.
Futures pointing higher after previous day's rout
Stock futures rebounded after a triple-digit sell-off on the Dow as the central bank in Europe cut interest rates again Thursday and the U.S.
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 ...
Stocks sink on economic worries; Dow off 138
Signs of a slowing economy dragged down the stock market Wednesday. Even the prospect of continued stimulus from the Federal Reserve didn't help.
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 ...
US manufacturing grows in April at slower pace
U.S. factory activity expanded at a slower pace in April, held back by weaker hiring and less company stockpiling. The report is the latest sign that ...
Survey: Private employers add just 119K in April
A private survey shows U.S. companies added just 119,000 jobs in April, the fewest in seven months. The report Wednesday from payroll processor ADP ...
Obama: US still not sure who used chem weapons
President Barack Obama strongly suggested Tuesday he'd consider military action against Syria if it can be confirmed that President Bashar Assad's ...
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 ...
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 ...
Futures edge lower after S&P strikes new highs
U.S. stock futures slipped Tuesday after the Standard & Poor's 500 index closed at an all-time high. Another glimpse into the mind of the ...
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.
Italy's new government wins 1st confidence vote
Italy's new government easily passed its first confirmation vote Monday in Parliament after Premier Enrico Letta made concessions to his uneasy ...
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