Result Page 355 for Archives

Goldman files for a new batch of exchange-traded funds

Goldman Sachs Group Inc (GS.N) has filed for a slew of new exchange-traded funds, most of them alternative, another step by the Wall Street bank in its pursuit of the fast-growing, nearly $2 trillion U.S. ETF market.

Dec 15, 2014 3:01 PM EST

Markets

Oil slide roils emerging markets, stocks fall anew

Oil prices plumbed 5-1/2-year lows on Monday, pulling down emerging market assets and boosting demand for the safe-haven yen, while global equity markets slipped further after last week's rout amid nagging worries about worldwide growth.

Markets

Slow demand, rising supply put further pressure on oil price: IEA

Oil prices are likely to come under further downward pressure, the International Energy Agency said on Friday, as it cut its outlook for demand growth in 2015 and predicted healthy non-OPEC supply gains would aggravate a global oil glut.

Markets

Oil, materials lead Wall St towards weekly loss

U.S. stocks fell on Friday, putting the benchmark S&P 500 on track for its first weekly decline in eight, after a further drop in oil prices and disappointing data out of China pushed investors away from the raw materials sector.

U.S. consumer sentiment at eight-year high

U.S. consumer sentiment rose in December to a near eight-year high on improved prospects for jobs and wages and on lower gasoline prices, a survey released on Friday showed.

Dec 12, 2014 2:12 PM EST

Crude rout hits stocks; safe-haven assets sought

The relentless slide in oil prices pressured energy stocks and currencies exposed to crude exports on Friday, while dousing the appetite for riskier assets and encouraging investors to seek safety in core government bonds.

Dec 12, 2014 2:10 PM EST

After years of doubts, Americans turn more bullish on economy

Pessimism and doubt have dominated how Americans see the economy for many years. Now, in a hopeful sign for the economic outlook, confidence is suddenly perking up.

Dec 12, 2014 2:08 PM EST

Pacific trade pact chances 'significantly' better than 50-50: Obama

Chances that U.S. negotiators can bring home a strong trade deal with Asia-Pacific countries are now much better than 50-50, U.S. President Barack Obama said on Thursday.

Dec 11, 2014 3:10 PM EST

Dollar, stocks rebound on strong U.S. data

The dollar and global equity markets rebounded Thursday after three days of declines, spurred by strong U.S. retail sales and declining jobless claims that signaled the U.S. economy could weather weak oil prices and a likely interest rate hike next year.

Dec 11, 2014 3:06 PM EST

Solid U.S. retail sales point to firming economic recovery

Jack Reed can see the recovery taking hold at his family's 109-year-old clothing store in Tupelo, Mississippi, with sales buoyed in part by the paychecks tied to a Toyota plant up the road and rising confidence that the jobs are here to stay.

Dec 11, 2014 3:03 PM EST

Wall Street jumps more than 1 percent on data after three-day slump

U.S. stocks bounced back on Thursday, with all three major indexes surging more than 1 percent, as data pointed to a strengthening U.S. economy and boosted optimism about holiday spending.

Dec 11, 2014 3:01 PM EST

Fed's debate shifts from lift-off to long march to normal

For the Federal Reserve, deciding when to raise rates for the first time in nearly a decade has become the easy part.

Dec 11, 2014 2:59 PM EST

Stronger economy helps trim U.S. budget deficit

The U.S. federal budget deficit narrowed in November, helped by a strengthening economy that boosted tax receipts during the month, Treasury Department data showed on Wednesday.

Dec 10, 2014 3:39 PM EST

You may already be too late for hottest holiday toys

If you still have Disney's Frozen Castle and Ice Palace Playset on your holiday gift list this year, you may already be out of luck.

Dec 10, 2014 3:37 PM EST

Shares fall on oil's five-year low; dollar slides

Oil prices slumped to five-year lows on Wednesday and U.S. and European equity markets fell as investors worried about the Greek and Chinese economies withdrew from riskier positions and bought Japanese yen, which rose against the U.S. dollar.

Dec 10, 2014 3:26 PM EST

U.S. third-quarter growth likely to be revised higher on services data

U.S. economic growth was likely stronger in the third quarter than previously reported, according to data on Wednesday that showed spending on services expanding at a brisk clip.

Dec 10, 2014 3:24 PM EST