Markets

  • US jobless aid applications rise but claims remain near pre-recession levels
    Diaal 2014-08-16 17:45:37 UTC
    More people applied for US unemployment benefits last week, although jobless claims continue to be close to pre-recession levels. Weekly applications for unemployment aid climbed 21,000 to a seasonally adjusted 311,000, the Labor Department sai...
  • FINRA: Don’t Let Ebola Stock Scams “Infect Your Portfolio”
    Finra-diaalnews.com 2014-08-15 22:39:27 UTC
    Concerns about the Ebola virus and Middle East Respiratory Syndrome (MERS) have spread beyond the places where people have been infected. Wall Street has been exposed to them, so to speak, as investors speculate about where the next big thing is g...
  • Oil markets spike on Iraq concerns
    11031058-large 2014-06-15 18:18:54 UTC
    The price of Brent crude spiked on Friday over concerns about the ongoing insurgency in Iraq. Oil prices settled down, but at $4 per barrel higher than at the beginning of the week. Reassurances about the flow of oil supplies went some way t...
  • Bank of New York Mellon to sell 1 Wall Street headquarters
    Download_(5) 2014-05-21 22:44:55 UTC
    Bank of New York Mellon Corp. has agreed to sell its Art Deco headquarters tower at 1 Wall Street to a venture led by investor Harry Macklowe for between $500 million and $600 million, according to multiple people familiar with the discussions. ...
  • Gas war: Ukraine refuses to pay increased prices set by Russian firm
    Gty_oil_sands_mi_130301_wblog 2014-04-06 23:23:22 UTC
    The prospect of a new gas war between Russia and Ukraine drew closer at the weekend as the government in Kiev said it would refuse to pay for gas at a new, inflated price set by Gazprom last week. The dispute comes as tensions in eastern Ukraine r...
  • EU to impose stricter rules on organic products
    Diaalnews 2014-03-26 04:02:05 UTC
    <h3>How green are organic products really? Consumers are increasingly uncertain. In order to win back their trust, the EU Commission now wants to implement stricter regulations for products with an organic seal.</h3> Pesticide-ladentomatoes and f...
  • Oil slightly lower ahead of US stockpiles report
    Crude_oil_refinery_xxx 2014-03-19 06:37:57 UTC
    The price of oil was down slightly Wednesday as energy markets waited for the latest figures on U.S. crude and fuel stockpiles. Benchmark U.S. crude for April delivery was down 20 cents at $99.50 a barrel at 0605 GMT in electronic trading on th...
  • Oil falls to around $101 after China, Japan data
    Oilbarrels 2014-03-10 16:31:40 UTC
    The price of oil sunk to around $101 on Monday after a surprise drop in China's exports and weaker economic growth in Japan suggested demand for crude could weaken. By early afternoon in Europe, benchmark U.S. crude for April delivery was down ...
  • Asian stocks mostly down ahead of Fed news
    Bc85a92a0d2747191a0f6a7067000c7f 2014-03-19 05:28:47 UTC
    SEOUL, South Korea (AP) — Asian stock markets mostly drifted lower Wednesday ahead of the outcome of the Federal Reserve's first policy meeting under its new chief. The Asian heavyweight index, Tokyo's Nikkei 225, was down 0.5 percent at 14,335...
  • US job gain despite freeze raises economic hopes
    Cd35645c9302540f310f6a70670086eb 2014-03-08 10:03:56 UTC
    WASHINGTON (AP) — Brutal winter weather snarled traffic, canceled flights and cut power to homes and factories in February. Yet it didn't faze U.S. employers, who added 175,000 jobs, far more than the two previous months. Modest but steady job ...
  • Oil prices spike on Russia sanctions fears
    Pendragon-oil1 2014-03-03 22:05:49 UTC
    The price of oil jumped more than $2 a barrel Monday as Russia's military advance into Ukraine raised fears of economic sanctions against one of the world's major energy producers. In New York, benchmark U.S. crude for April delivery gained $2....
  • US home prices dip for second straight month
    P3ouf_aust_9 2014-02-25 21:56:50 UTC
    WASHINGTON (AP) — U.S. home prices fell for the second straight month in December as brutally cold weather, tight supply and higher costs slowed sales. The Standard & Poor's/Case-Shiller 20-city home price index declined 0.1 percent from Novemb...
  • Oil price above $100 on US heating fuel demand
    Ae6fcdd4d95354072b0f6a706700bf4c 2014-02-18 06:36:45 UTC
    The price of oil extended gains above $100 a barrel Monday as the cold weather in the United States increased demand for heating fuels and solid Chinese credit numbers eased concerns over the world's second-biggest economy. By midday, bench...
  • Asian shares higher on modest rebound in Japan
    Asia-stock-news 2014-02-05 10:07:52 UTC
    TOKYO (AP) — Shares held steady Wednesday as wary investors took heart from modest recoveries from sell-offs the day before, but there wasn't much bounce to the rebound. European shares looked set for a slow start, weighed down by worries over ...
  • Oil price falls to near $97 a barrel
    Oilbarrels 2014-02-03 07:58:32 UTC
    The price of oil dropped Monday after a survey released on the weekend showed a slight deterioration in China's manufacturing. Benchmark U.S. crude for March delivery was down 17 cents to $97.32 a barrel at 0600 GMT on the New York Mercantile E...
  • lobal markets rise, buoyed by Turkey's rate hike
    640x392_80935_223034 2014-01-29 10:20:09 UTC
    MANILA, Philippines (AP) — Global stock markets rose Wednesday as jitters about emerging economies were soothed by the Turkish central bank's aggressive interest rate hike to stabilize its currency and China's infusion of funds into its banking sy...
  • Oil above $97 after rising for 5th straight day
    Crude_oil_refinery_xxx 2014-01-24 06:40:27 UTC
    The price of oil edged up Friday for a fifth day in a row on expectations for increased demand. Benchmark U.S. crude for March delivery was up 22 cents to $97.54 a barrel at 0620 GMT in electronic trading on the U.S. Mercantile Exchange. Oil ro...
  • Oil price falls to near $92
    Gty_oil_sands_mi_130301_wblog 2014-01-13 10:33:44 UTC
    Oil prices fell Monday after a big jump in the previous trading session that was sparked by expectations the Fed might delay stimulus reduction. Benchmark U.S. oil for February delivery was down 36 cents to $92.36 a barrel at 0825 GMT in electr...
  • Markets recover after lackluster start to year
    A62a4b5f25cd0118380f6a706700620d 2014-01-07 12:48:56 UTC
    LONDON (AP) — Markets recovered some ground Tuesday despite some concerns over the Chinese and U.S. economies. Stocks around the world have started the new year in lackluster fashion — especially compared with how they closed out 2013 — after s...
  • Oil prices jump on bargain hunting
    11031058-large 2014-01-06 09:11:59 UTC
    KUALA LUMPUR, Malaysia (AP) — Oil prices recovered Monday on bargain hunting after a week-long plunge. Benchmark U.S. oil for February delivery rose 11 cents to $94.07 in electronic trading at mid-afternoon Kuala Lumpur time on the New York Mer...
  • Asian stocks fall further on Wall Street decline
    4a6a8a72b6d0c612330f6a706700cb0f 2014-01-03 06:22:11 UTC
    BEIJING (AP) — Asian markets fell further Friday after overnight declines on Wall Street, weaker Chinese manufacturing data and gloomy sales forecasts by South Korean automakers. Oil edged up to stay above $95 a barrel after suffering its bigge...
  • Oil prices start year with rise on demand hopes
    2013-05-15t145438z_696576551_lm1e95f156q01_rtrmadp_3_oil-pricing 2014-01-02 07:14:20 UTC
    TOKYO (AP) — Oil prices started the new year Thursday with a gain amid hopes for stronger demand following a 7 percent surge in 2013. Benchmark oil added 28 cents to $98.70 on the New York Mercantile Exchange. Hopes for the solid demand in c...
  • Shares mixed in thin New Year's Eve trading
    77fa3b23f10d602b470f6a706700dc02 2013-12-31 11:49:29 UTC
    TOKYO (AP) — Shares were mixed Tuesday in thin pre-holiday trading, with early gains in some markets succumbing to selling pressure as roller-coaster 2013 wound to a close. The French and British markets, which will trade for a half day on Tues...
  • Oil dips on China data, caution on US Fed meeting
    Crude_oil_refinery_xxx 2013-12-16 07:18:11 UTC
    The price of oil dipped slightly on Monday as a report on manufacturing in China signaled that a recovery in the world's No. 2 economy would continue to be uneven. Benchmark U.S. crude for January delivery edged 23 cents lower, or 0.2 percent, ...
  • Oil prices down as Libya plans to resume output
    Oilbarrels 2013-12-13 10:04:21 UTC
    KUALA LUMPUR, Malaysia (AP) — Oil prices were subdued Friday amid the possibility of new supplies from the Middle East after a Libyan militia said oil terminals could reopen. Benchmark U.S. crude for January delivery was down 9 cents to $97.41 ...