Economic News

2010-09-09

U.S. stocks rose modestly on Thursday as better-than-expected jobs and trade data added to optimism over the economic recovery.
Indexes came...

2010-09-09

Fidel Castro’s comment to a visiting U.S. journalist that Cuba’s economic system doesn’t work is the strongest signal yet that the communist...

2010-09-09

S.K. Singhal, textile president of India’s biggest fabric maker, still has suits left made from the premium bale of Australian wool he bought in...

2010-09-09

New U.S. claims for unemployment benefits fell more than expected last week to a two-month low, while the trade deficit narrowed sharply in July,...

2010-09-09

British Members of Parliament (MPs) will next week grill outgoing BP Plc Chief Executive Tony Hayward, as part of an investigation into risks...

2010-09-09

Stocks rose on Thursday as better-than-expected jobs and trade gap data improved fragile investor optimism over the economic recovery.
Data...

2010-09-09

McDonald's Corp (MCD.N) reported softer-than-expected August sales in Europe, its biggest revenue market, due to weakness in France, sending its...

2010-09-09

Britain's financial watchdog fined Goldman Sachs Group Inc 17.5 million pounds ($27 million) for failing to tell the regulator that it was the...

2010-09-09

Treasury Secretary Timothy Geithner said on Wednesday the United States needed more incentives to stimulate job growth and bolster a slow recovery...

2010-09-09

Consumer borrowing fell again in July as US households cut back on their credit card use for a 23rd consecutive month, adding more drag on an...

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