Latest news on ‘Global Markets’
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Eurozone industrial productions soars in January
LONDON (AP) — Industrial production in the 16 countries that use the euro spiked by an impressive 1.7 percent in January from the month before, official figures showed Friday, raising [...]
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How free markets sank the U.S. economy
NEW YORK (Reuters) – Two years ago, a poisonous brew of bad economics, lax regulation, and egregious behavior boiled over, scalding the financial system and pitching the United States into [...]
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Unemployment rises in 30 states in January
WASHINGTON (AP) – Unemployment rose in 30 states in January, the Labor Department said Wednesday, evidence that jobs remain scarce in most regions of the country.
The data is somewhat better [...] -
Berkshire Downgraded By KBW Analysts After Recent Rally
By Alistair Barr
Analysts at Keefe Bruyette & Woods downgraded Berkshire Hathaway Inc. (BRKA,BRKB) on Monday, saying a recent rally has left shares of the company headed by Warren Buffett close [...] -
U.S. Economy grew 5.9% in fourth quarter
NEW YORK (CNNMoney.com) – The U.S. economy grew at a slightly faster pace than originally thought during the last three months of 2009, according to a government report Friday.
The nation’s [...] -
Japan Yields Fall to 3-Week Low; BOJ Says Deflation ‘Critical’
By Yoshiaki Nohara
(Bloomberg) – Japan’s 10-year bond yields fell to the lowest level in three weeks after the central bank kept its benchmark interest close to zero and said beating [...] -
EU leaders hurt confidence with vague Greek pledge
PARIS (Reuters) – A vague pledge by European leaders to support crisis-hit Greece has probably reduced, not increased, investors’ confidence in the euro zone.
By declaring they would “take determined and [...] -
Jobless claims drop raises hopes on recovery
WASHINGTON (Reuters) – The number of U.S. workers filing new claims for unemployment benefits tumbled last week, welcome news for a White House that is predicting an average of 95,000 [...]
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Greek aid would be no long-term fix for euro zone
PARIS (Reuters) – A possible European bailout of Greece could stabilize the euro zone’s financial markets for now but would probably do little to ease investors’ long-term concerns about economic [...]
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Equities, Euro, Commodities Rally on Greek Aid Speculation
By Justin Carrigan (Bloomberg) – Stocks rallied, with emerging-market equities recovering from the worst three-day slide in a year, and the euro and commodities gained on speculation Greece will get [...]
