US stock sell-off on fears of weak recovery
New York - US stocks followed global markets in a broad decline amid investor fears over the world's uneasy recovery from recession. Major US stock indices fell about 1 per cent on average, following hefty declines in the DJ Euro Stoxx 50 and Japan's...
[Posted on :
2009-11-19 ] Category : [
US (Business) ]
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US leading economic indicator gains 0.3 per cent
Washington - A key measure of US economic performance gained in October, according to a private research group Thursday, signalling that a broader recovery may be taking hold. The New York-based Conference Board's Leading Economic Index added 0.3 per...
[Posted on :
2009-11-19 ] Category : [
US (Business) ]
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US stocks fall slightly on technology earnings
New York - US stocks posted modest losses Wednesday on poor profit forecasts from technology firms and a surprising dip in home construction. Earnings from Salesforce.com and Autodesk were worse than expected. Other technology shares losing ground in...
[Posted on :
2009-11-18 ] Category : [
US (Business) ]
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US inflation 0.3 per cent in October - Summary
Washington - The US inflation rate was 0.3 per cent in October compared to the previous month, according to the Labour Department Wednesday. The higher-than-expected increase was fuelled by gains in car sales and energy prices. Consumer prices rose 0...
[Posted on :
2009-11-18 ] Category : [
US (Business) ]
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US inflation 0.3 per cent in October
Washington - The US inflation rate was 0.3 per cent in October compared to the previous month, according to the Labour Department Wednesday. The largest increases came in car sales and energy prices. Consumer prices rose 0.2 per cent in September and...
[Posted on :
2009-11-18 ] Category : [
US (Business) ]
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US stocks pushed higher by oil, metal gains
New York - US stocks posted modest gains Tuesday amid a rise in commodity prices, continuing to push major indices to their highest levels in 13 months. Crude oil climbed 0.3 per cent and metals like gold and copper rose, spurring gains in many commo...
[Posted on :
2009-11-17 ] Category : [
US (Business) ]
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Geithner: US needs to lead international reforms
Washington - Treasury Secretary Timothy Geithner pressed Congress Tuesday to agree quickly on an overhaul of financial regulation that would allow the US to spur a wider international reform effort. In wide-ranging testimony before Congress, Geithner...
[Posted on :
2009-11-17 ] Category : [
US (Business) ]
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US stocks surge on retail sales, GM, Bernanke comments
New York - US stocks rose Monday to 13-month highs after reports of improving retail sales, a better-than-expected General Motors quarterly report and Federal Reserve Chairman Ben Bernanke's hopes for growth in 2010. Retail sales climbed 1.4 per cent...
[Posted on :
2009-11-16 ] Category : [
US (Business) ]
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