Warren Buffett“A public opinion poll is no substitute for thought.”
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Retail sales rise brightens recovery picture »
Sales at retailers were unexpectedly strong last month, suggesting consumers were feeling a little more comfortable to spend and improving prospects for first-quarter economic growth.
Retail sales rose 0.5 percent as consumers stepped up spending not only on essential goods but luxury items as well, the Commerce Department said on Friday.
Optimism over the increase [...]
Asia shares rise on U.S. cues »
Asia shares rise on U.S. cues
SINGAPORE (Reuters) – Asian shares powered ahead on Wednesday with energy and resources stocks leading the way, as demand for riskier assets increased after Wall Street rallied on upbeat U.S. earnings and economic data.
European stocks were set to gain for a fourth straight session on strength in Asian [...]
Stock futures higher after China exports rise (AP) »
are rising, pointing to a higher opening Monday, following strong gains in overseas markets.
Stocks are getting a lift globally after a new report showed Chinese exports jumped by nearly 18 percent in December. The bigger-than-expected increase follows 13 straight months of declines. The increase in exports has added confidence to investors who believe a [...]
BofA says bonuses will rise, but no record payouts »
BofA says bonuses will rise, but no record payouts
NEW YORK (Reuters) – Bank of America Corp will likely pay some employees at its investment bank at levels significantly above last year, although there will be no record payouts, a spokesman for the bank said on Friday.
Last month, the largest U.S. bank joined others [...]
Federal currency on the rise »
Thu, Jan 7 2010, 11:37 GMT
by ecPulse.com analysis team
The dollar is climbing in markets, as investors are filled with optimism that the U.S. economy labor report tomorrow might show that the economy did not shed jobs in December; therefore investors are buying the dollar versus major currencies as they look forward [...]
GoldCore Update: 2010’s First Day of Trading: Precious Metals Rise in Asia and Europe »
Mon, Jan 4 2010, 13:01 GMT
Gold range traded overnight from $1,099/oz to $1,103/oz but it has
since moved up some 1.7%. Gold is currently trading at $1,112.00/oz and
in euro and GBP terms, gold is trading at €775/oz and £688/oz
respectively.
Gold is stronger today due to the weaker dollar and positive Chinese
economic data which [...]
Asian markets rise as China affirms loose policy (AP) »
moved sideways Thursday as trading at some of the continent’s major bourses was subdued before the Christmas holiday.
In Europe, the FTSE-100 index of leading British shares was up 11.27 points or 0.2 percent at 5,384, while France’s CAC-40 was up 3.16 points or 0.1 percent at 3,914.20.
was closed for the day, while the [...]
Asian stocks between rise and fall as year 2009 approach its end »
Sun, Dec 20 2009, 10:42 GMT
by ecPulse.com analysis team
As the dollar strengthened and this year is about to end, markets were affected by what can be called “the end of the year’s fever”. We can see world equity markets fluctuating and moving in undetermined sides, while the U.S dollar managed to [...]
Stocks rise after data, ahead of Fed statement »
Stocks rise after data, ahead of Fed statement
NEW YORK (Reuters) – U.S. stocks rose on Wednesday after data showed consumer prices did not overheat in November, quelling inflation worries, while housing data pointed to sustained recovery ahead of a Federal Reserve statement on the condition of the U.S. economy.
Upbeat economic data and a [...]
New U.S. jobless claims rise, trade gap narrows »
New U.S. jobless claims rise, trade gap narrows
WASHINGTON (Reuters) – The number of U.S. workers filing new claims for jobless benefits rose more than expected last week, but a surprise narrowing in the trade gap in October suggested the economic recovery was becoming entrenched.
Initial claims for state unemployment insurance rose 17,000 to 474,000 [...]