Result Page 117 for Latest Markets News & Archive

Markets

Bullard says Fed needs to make rate guidance more data dependent

The U.S. central bank needs to change the way it communicates its view on the future path of interest rates, a Federal Reserve official said on Tuesday, joining others inside the Fed who are calling for an overhaul of its policy statement.

Sep 23, 2014 11:54 AM EDT

Markets

Dollar softens after record run-up

The dollar softened on Monday as other major currencies recovered some ground after 10-weeks of gains by the dollar index, its longest winning streak since the greenback's free float in 1973.

Markets

Alibaba IPO ranks as world's biggest after additional shares sold

Alibaba's initial public offering now ranks as the world's biggest at $25 billion, netting underwriters of the sale a more than $300 million windfall after the e-commerce giant and some shareholders parted with additional shares.

Markets

Opportunists cash in on delayed iPhone launch in China

Lured by the promise of profit from smuggling the new iPhones into China, opportunists joined the thousands of Apple Inc fans lining up to buy the devices as they were launched on Friday across Asia.

Alibaba expected to jump more than 25 percent in trading debut

Alibaba Group Holding Ltd's (BABA.N) shares are expected to surge in their first day of trading on Friday as many investors that received fewer shares than hoped lined up orders to buy what looks likely to be the largest IPO in history.

Sep 19, 2014 11:08 AM EDT

Wall Street sees holes in Fed's new policy-tightening plan

No sooner did the Federal Reserve reveal its plan for eventually tightening U.S. monetary policy than many on Wall Street flagged problems with the mechanics of the strategy, and said more adjustments would have to come.

Sep 18, 2014 4:40 PM EDT

Dollar hits six-year peak vs yen, stocks rally

The dollar hit a more than six-year peak against the yen on Thursday on data showing U.S. jobless claims fell more than expected last week, while global equity markets rallied after the Federal Reserve renewed a pledge to keep interest rates low.

Sep 18, 2014 3:29 PM EDT

Dollar slips vs euro after U.S. CPI data hints at dovish Fed

The U.S. dollar edged lower against the euro on Wednesday after data showed U.S. consumer prices fell last month, fuelling scepticism that the Federal Reserve will adopt a more hawkish tone in a policy statement later in the session.

Sep 17, 2014 11:42 AM EDT

Shares in Russia's Sistema plunge with billionaire chairman under house arrest

Shares in sprawling Russian holding company Sistema plummeted over 30 percent on Wednesday after its billionaire chairman was placed under house arrest, wiping more than $2 billion in value off the company.

Sep 17, 2014 11:10 AM EDT

U.S. consumer prices post first decline in 16 months

U.S. consumer prices fell for the first time in nearly 1-1/2 years in August and underlying inflation pressures were muted, which could lessen the urgency for the Federal Reserve to raise interest rates.

Sep 17, 2014 11:00 AM EDT

Wells Fargo finds mortgage myths hamper home purchases

Getting a mortgage in the United States may be easier than many borrowers think, according to a survey released Monday by Wells Fargo & Co, the largest U.S. mortgage lender.

Sep 16, 2014 11:32 AM EDT

Wall St. flat, but oil price lifts energy stocks; eyes on Fed

U.S. stocks were little changed on Tuesday, though energy stocks were up for a second session as crude prices edged higher.

Sep 16, 2014 10:56 AM EDT

Microsoft to buy Minecraft maker Mojang for $2.5 billion

Microsoft Corp (MSFT.O) said on Monday it has agreed to acquire Stockholm-based games developer Mojang and the company's wildly popular Minecraft video game franchise for $2.5 billion.

Sep 15, 2014 10:56 AM EDT

Dollar index on track for best run in 17 years

The dollar was steady on Friday at six-year highs against the yen, and the dollar index was headed for a ninth consecutive week of gains after strong retail sales data added to expectations that U.S. growth is gaining steam.

Sep 12, 2014 12:26 PM EDT

U.S. jobless claims rise, but firming labor market trend intact

The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but that probably does not signal a material shift in labor market conditions as claims remain near their pre-recession levels.

Sep 11, 2014 10:18 AM EDT

Shares sag but sterling gains as Scotland poll eases nerves

Sterling rose off multi-month lows on Thursday as a poll showing that most Scots intend to vote against independence next week alleviated concerns over the future of the UK, but equities slipped on an unexpected rise in U.S. jobless claims.

Sep 11, 2014 10:16 AM EDT