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A key measure of Australian business conditions hit its lowest level in seven years in July as firms reported falling sales and profitability, adding to the case for an urgent cut in official interest rates.
Japanese annual wholesale price inflation jumped to 7.1 percent in July, a 27-year high and well above expectations, adding to fears that high energy and commodity costs are squeezing firms and pushing the economy into recession.
Stocks are likely to follow the dollar, commodities trade again Tuesday, with little economic news to drive direction early.
As the United States has racked up 3 gold medals, and counting, behind China currently with 9, how much is the gold in a gold medal worth in the futures market?
Oil inflicts heavy economic pain on the way up, but a slower and smaller benefit on the way down.
Economists have soured on the U.S. economy's prospects for the second half of 2008 and have cut growth forecasts for next year as well, a closely watched survey released Monday showed.
The dollar extended last week's rally and rose versus the euro on Monday as investors assessed how hard the slowdown blighting the U.S. economy would hit the rest of the world.
European shares rose to six-week highs on Monday as the euro boosted exporters such as automotive stocks, while fighting between Russia and Georgia gave early support to crude oil prices that helped the energy sector.
Medal Round - Day 1: After a week of ups and downs, we are now up to the medal round. The playing field has been narrowed from twenty countries to ten. And the winners are...
Just the potential for a U.S. recovery will bring "enormous" amounts of under-invested cash back into the stock market, the head of an investment group said.
Australia's central bank on Monday said the economy looked to be slowing enough to significantly reduce inflation over time, providing growing scope to ease interest rates from 12-year highs.
Following its years of rapid economic growth mostly in industrial and tech sectors, what's next for China? According to some analysts, including today's guest Zach Karabell, the Chinese consumer is key to the continuing growth of the Chinese economy -- and the Chinese economy is key to the continuing growth of the global economy.
The dollar soared Friday in what analysts are calling a game-changing move as concerns about the deteriorating euro zone economy gripped investors and commodities sold off.
For the week ending Friday, August 8, 2008, the U.S. markets ended the week on a positive note, cheered by a retreat in commodity prices, a Fed’s decision to keep rates steady at 2%, better-than-expected results in pending home sales, and a stronger dollar.
European shares ended a volatile session with gains on Friday as a sharp drop in crude oil more than offset initial disappointment over earnings from U.S. home lender Fannie Mae.
Oil tycoon T. Boone Pickens is building a million-person "army" that he says will pressure the nation's leaders to adopt a more responsible energy policy.
Although Fannie Mae cut its dividend by 30 cents, taxpayers shouldn't be forced to protect shareholders of government-sponsored enterprises, said Joseph Stiglitz, a Nobel Prize winning economist.
U.S. productivity grew at a weaker-than-expected 2.2 percent during the second quarter despite a rise in output and lower unit labor costs than during the first quarter, a Labor Department report on Friday showed
Qualifying rounds - Final: After a week of ups and downs, we are now up to the medal round. The playing field has been narrowed from twenty countries to ten. And the winners are...
South Korea's annual producer inflation climbed to a fresh 10-year high in July, suggesting consumer prices may rise further, but analysts said a peak could be nearing with falling oil prices.
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