Result Page 97 for Latest Markets News & Archive

Markets

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

Markets

Shares fall on oil drop, Greek political turmoil

Investors sold equities worldwide on Tuesday after China's market posted its worst day in five years and oil prices fell to levels not seen since 2009.

Markets

Canceling a hotel reservation last-minute could cost you

When it comes to changing hotel reservations, the concept of 'last-minute' is about to get a bit longer.

Markets

Abercrombie CEO Jeffries steps down as company seeks new look

Abercrombie & Fitch Co (ANF.N) Chief Executive Michael Jeffries, who transformed the teen apparel retailer from a drab sports brand into a fashion icon before running afoul of shoppers and investors, has stepped down after over two decades at the helm.

ECB's Praet says would have cut interest rates at last meeting if possible

The European Central Bank would probably have cut interest rates at its last meeting if they had not already been at the zero limit, European Central Bank chief economist Peter Praet said on Tuesday.

Dec 09, 2014 3:16 PM EST

Dow, S&P 500 edge down on global worries; Nasdaq climbs

The Dow and S&P 500 fell on Tuesday following concerns about global weakness and political turmoil, while the Nasdaq edged higher along with tech shares and energy.

Dec 09, 2014 3:13 PM EST

U.S., European stocks fall; oil hits five-year low

U.S. and European stocks fell on Monday after weak Chinese and Japanese data stoked worries about slowing global economic growth, while oil prices sank to five-year lows on expectations of oversupply into 2015.

Dec 08, 2014 4:22 PM EST

Behind the holiday trend of self-gifting

Jill Bascou looked like a typical holiday gift shopper standing in line on Thanksgiving Day shortly after the Target in Marlton, New Jersey opened at 6 p.m.

Dec 08, 2014 4:20 PM EST

BoE's Weale: signs recovery will boost productivity 'tenuous'

Signs that Britain's economic upturn will soon end years of poor productivity growth are tenuous at best, which could mean interest rates will need to rise, Bank of England policymaker Martin Weale said on Monday.

Dec 08, 2014 4:16 PM EST

Operator of Bitcoin stock exchange penalized by U.S. SEC

U.S. securities regulators on Monday ordered the operator of a stock exchange, which allowed clients to use Bitcoin to trade in certain securities, to pay $68,000 to resolve claims that he did not register the exchanges.

Dec 08, 2014 4:12 PM EST

U.S. factory orders fall for third straight month

New orders for U.S. factory goods fell for a third straight month in October, pointing to a slowdown in manufacturing activity.

Dec 05, 2014 12:01 PM EST

JPMorgan's Dimon says 'no evidence of cancer'

JPMorgan Chase & Co (JPM.N) Chief Executive Jamie Dimon said medical tests showed "no evidence of cancer in my body," according to an internal memo seen by Reuters.

Dec 05, 2014 11:59 AM EST

Dollar, stocks climb as U.S. jobs beat forecast

A surprisingly strong U.S. jobs report lifted the dollar to a five-and-a-half year high against a basket of currencies on Friday, while stocks climbed, led by financial shares.

Dec 05, 2014 11:52 AM EST

Bullish U.S. employment report puts Fed under spotlight

U.S. employers added the largest number of workers in nearly three years in November and wage gains picked up, a sign of economic strength that could draw the Federal Reserve closer to raising interest rates.

Dec 05, 2014 11:50 AM EST

Wall Street flat, on tenterhooks over ECB action

U.S. stocks were little changed on Thursday, bouncing from initial losses after European Central Bank President Mario Draghi brushed off pressure for more immediate monetary policy action, saying the issue would be addressed early next year.

Dec 04, 2014 4:00 PM EST

Draghi says will not allow dissenters to block possible ECB action

The European Central Bank will decide early next year whether to take further action to revive the euro zone's economy, its president said on Thursday, signalling that he would not allow opposition from Germany or anyone else to stop it.

Dec 04, 2014 3:58 PM EST