The IEA, which advises major consuming nations on energy policy, said North American oil supply growth was "relentless."» Read More
All things considered, the best spots to launch a startup have a humming local economy, and attract the most venture capital.
US stock index futures pointed to a mixed open on Wall Street Monday following the resignation at the weekend of Italian Prime Minister Silvio Berlusconi and the swearing in of former European Commissioner Mario Monti as Italian premier.
Stocks finished sharply higher Friday, extending their gains for a second session, amid signs of stabilization in the euro zone and after a better-than-expected consumer report. All three major averages are now in positive territory for 2011.
Futures rose Friday as concerns over the euro zone eased amid expectations that long-standing issues in Greece and Italy could finally be tackled.
Stocks closed higher in thin, choppy trading Thurday as investors snapped up beaten-down sectors from the previous session's sharp selloff, but ongoing worries over the euro zone crisis limited gains.
Futures rallied Thursday, attempting to rebound from its worst day in almost three months as Italian bond yields eased and following a handful of better-than-expected economic reports.
Stocks plunged sharply to log their worst day in six weeks Wednesday as investors were rattled by fears over the euro zone crisis.
This is a live blog of student protests taking place Wednesday in the financial district of London, England, near the London Stock Exchange and St. Paul's Cathedral.
Futures declined sharply Wednesday as a spike in Italian bond yields to a euro era record spooked investors and amid uncertainty whether a new government in Italy can tackle the nation's debt crisis.
U.S. stock index futures pointed to a lower open on Wall Street Wednesday as investors still watched Europe with caution after Italian Prime Minister Silvio Berlusconi announced he would step down once a series of austerity measures had been put in place.
Stocks closed near session highs in thin, volatile trading Tuesday, boosted by news Italian Prime Minister Silvio Berlusconi will resign after the parliament passes economic reforms demanded by the EU.
Futures pointed to a higher open Tuesday, tracking shares in Europe boosted by upbeat earnings as investors looked ahead to a key parliamentary vote on public finance in Rome which may hold the key to Italian Prime Minister Silvio Berlusconi’s future.
European and U.S. inflation will rise in the medium- to long-term, according to Berdibek Ahmedov, manager for European and UK real return products at Pacific Investment Management Company (Pimco).
Stocks rebounded to close near session highs in a volatile session Monday, but gains were limited as investors continued to monitor headlines from the euro zone.
Like many states and local governments struggling to cut costs, Michigan hopes to replace some government employees with contract workers who will do the same job for less. The New York Times reports.
The Group of 20 is seeking to meet again, possibly before Christmas, with the aim of resurrecting a deal to provide an international firewall around Greece, G20 sources have told the Financial Times, saying negotiators at the Cannes summit had been close to an agreement.
Stocks recouped some of their losses in a volatile trading session Friday but still finished lower as investors digested a handful of headlines from the euro zone and ahead of a key confident vote in Greece.
Joel Stainton, head of research and trading strategy at SEB Futures, joined CNBC to take a technical look at US unemployment, UK marginal funding cost and EFSF swap spreads.
Futures zig-zagged in volatile pre-market trading Friday after the monthly government non-farm payroll rose less than expected and as traders continued to closely monitor events in the euro zone as the G20 Summit in France took place.
Futures extended their gains in volatile pre-market trading Thursday after the ECB unexpectedly cut its interest rate and following talks the Greek government might collapse, thus avoiding a referendum on its euro zone membership and easing concerns about an imminent default.