LONDON, March 7- Reuters is running a series of stories about women in finance as part of its coverage of International Women's Day on March 8. *Just one in seven delegates attending the annual World Economic Forum this year was a woman, according to Grant Thornton's report.» Read More
New York City's financial sector might only slice 15,000 to 25,000 jobs in the current downturn, which could prove shorter than the mayor has predicted, the city comptroller said on Thursday.
Soaring inflation will continue to cause policy dilemmas for the Federal Reserve and other central banks as the global demand for commodities remains strong, Bill Gross, chief investment officer at PIMCO, told CNBC Thursday.
European stocks rose on Thursday, driven by a rally in energy shares as the price of crude oil broke back above $130 a barrel, while gains in the broader markets were tempered by fresh worries about the banking sector.
Oil prices dropped over $4 to below $127 a barrel as concerns about global energy demand and strength in the dollar countered a big decline in U.S. stockpiles last week.
The U.S. dollar extended its gains and traded at session highs against the yen and the euro on Thursday, as U.S. stocks added to gains with oil prices pulling back from recent highs.
Just a few weeks ago, Dell shares sank to a six-year low. Since then, the stock has popped up 19%. Will this afternoon's earnings report add more momentum to Dell's rally?
The US economy grew at an upwardly revised 0.9% in the first quarter, slightly better than previously thought, the Commerce Department said.
Yes, gas prices are soaring, SUV values are tanking, and Detroit is bracing for the possibility of more job cuts. But there are reasons to be optimistic about the future of the industry. Here are four:
Asian markets rallied Thursday with Japanese shares making their biggest daily gain in amonth, after a monthly gauge of U.S. business spending rose to its highest this year. Tokyo closed 3 percent higher, but China's main index slumped.
Japan's retail sales rose less than expected in April from a year earlier, suggesting that higher energy and food prices are putting consumers off their shopping.
Australian businesses surprisingly cut back on investment spending last quarter as a slump in consumption hurt the retail sector, stirring speculation the economy might have actually shrunk in the quarter. 1st paragraph of story should go here
Two Federal Reserve policy-makers warned on Wednesday that interest rate increases might be needed before too long to curb inflation, even as the United States struggles with a weak economy.
Oil rose $2 to more than $131 a barrel Wednesday, rebounding from a sharp drop that had been triggered by concerns about a slowdown in world energy demand.
The Federal Reserve on Wednesday said Governor Frederic Mishkin is resigning effective Aug. 31.
Technology and chemical stocks propelled European shares higher on Wednesday as the oil price hovered near $129 a barrel during European trading hours, soothing investors' concerns about the economic outlook.
The dollar rose broadly after a report showed new orders for U.S. durable goods fell by less than expected in April, supporting the view the Federal Reserve may keep interest rates on hold or even raise them by the end of the year.
A rise in fees has led to growing dissatisfaction with retail banks, which may be sacrificing long term growth in favor of short-term gains, J.D. Power and Associates said in a study.
Cisco Systems Chief Executive John Chambers said Wednesday the company is "extremely comfortable" with its long-term growth target and expects the economy to start recovering toward the end of the year.
It's not often that an e-mail makes me stop and say "Hmmmmm. Do a lot of people feel the same way?" But, this one from Nathan did just that.
New orders for long-lasting U.S. manufactured goods fell a smaller-than-expected 0.5 percent in April as transportation orders dipped, but a key barometer of business confidence posted a surprisingly sharp gain, government data released on Wednesday showed.