22 hrs ago | Gulf Times
Grim US jobs report raises growth fears
The US added a scant 69,000 jobs in May and the unemployment rate rose for the first time in almost a year, the government said in a report spelling more trouble for President Barack Obamas re-election. The dramatically weak numbers signalled that the much hoped-for recovery in the job market has stalled, but they fuelled new speculation that the ... (more)
U.S. manufacturing growth slows
The rate of manufacturing growth slowed in May, according to a purchasing manager's report out on the same day that the government released disappointing jobs numbers .
U.S. manufacturing growth slows in May
The rate of manufacturing growth slowed in May, according to a purchasing manager's report out on the same day that the government released disappointing jobs numbers.
5 Things You Should Know Before the Stock Market Opens
NEW YORK -- U.S. stock futures were pointing to a lower open for Wall Street Friday ahead of the May jobs report.
May Jobs Report: 7 Signs It Could Be Another Bad One
It's almost that time again, America: We're less than 24 hours away from the latest jobs report, which could help decide the 2012 presidential election and set the tone for the stock market for the next month.
NEW YORK: US stocks dived Wednesday in the wake of European and Asian losses on rising investor worries about Spain's weak banks.
US stocks tank on Spanish bank fears
US shares have dived in opening trade in the wake of European markets, on rising investor worries about Spain's capacity to recapitalise its banks.
US shares up on China stimulus hopes
US stocks have risen more than one per cent, helped by hopes that China will launch a stimulus program and signs that Greece's elections might push through a euro-friendly government.
Consumer Confidence Falls To 5-Month Low
Consumer confidence fell to a five-month low in May, according to a closely watched survey that showed Americans less optimistic about current labor market and business conditions, as well as the short-term outlook.
Quiet Holiday Week? Not So Fast
With US markets closed on Monday for Memorial Day, you would figure it might be a quiet holiday week.
5 Things You Should Know Before the Stock Market Opens
NEW YORK -- U.S. stock index futures suggested Wall Street would open higher on Friday and European shares gained as worries over a possible Greek exit from the eurozone eased.
US stocks slip despite Europe rebound
US stocks dipped in early trade Thursday despite European markets scoring solid gains, with traders holding pat on tepid US data and a still-unclear picture for the eurozone.
Sales of new homes are showing some signs of life, growing 3.3% month over month to an annualized rate of 343,000 in April, according to a government report released Wednesday.
The number of Americans filing for first-time unemployment benefits was flat last week, marking yet another sign of lackluster hiring in the spring.
5 Things You Should Know Before the Stock Market Opens
NEW YORK -- U.S. stock futures were signaling a higher open for Wall Street Thursday but European stocks were faltering on further signs Greece could exit the euro currency.
The Dow Jones industrial average, S&P 500 and Nasdaq futures were up more than 0.5% ahead of the opening bell.
Stocks tumble 1% on Europe woes
The European Parliament is meeting to assess its next move, given recent changes in French and Greek leadership.
US stocks close mixed after euro votes
US stocks have closed mixed, showing little impact from the weekend votes in France and Greece which cast doubt on the path of financial reform across the troubled eurozone.