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Australia's core inflation rate surged to its fastest pace in almost 17 years last quarter as the cost of eating, driving and renting all rose, sparking concerns interest rates may have to go yet higher to curb prices.
Japan's exports in March rose less than expected from a year earlier, suggesting that companies are starting to feel the pinch from a slowing U.S. economy.
Yum Brands shares jumped Tuesday as the fast-food company beat earnings forecasts by two cents a share and slightly raised its profit outlook for the full year.
Oil near $120? Don't be surprised. We've said it over and over again and today it's true once more. The falling dollar continues to drive skyrocketing oil prices to a new orbit...
Oil surged more than $2 to close at a record settling price near $120 a barrel on Tuesday as supply concerns from Nigeria and the North Sea propelled crude higher.
The euro roared to another record high Tuesday, crossing $1.60 in late afternoon trading in Europe after a pair of ECB governors said high inflation may cause the bank to raise interest rates.
Oil prices, which are setting fresh records nearly every day, are likely to keep climbing until the weak US dollar starts recovering and more supplies become available.
Sam Stovall, chief investment strategist and chairman of the investment policy committee at Standard & Poor's, reiterated a forecast by his firm calling for the benchmark S&P 500 to finish 2008 at the 1,560.
There is a fondness and attraction to Cadillac, Buick and Chevrolet that is helping GM make headway in China.
Sales of existing homes fell in March while the median home price declined, as a severe slump in housing showed no signs of abating.
Asian markets came under pressure on Tuesday after U.S. stocks pulled in a mixed performance. Investors sold financials following weak earnings from Bank of America.
The European Central Bank has to ask itself each month whether a rate rise is needed to control inflation, ECB Governing Council member Yves Mersch was quoted as saying in a newspaper report on Tuesday.
AT&T has been around in one form or another forever. Yet it's still offering myriad new services -- U-verse, exclusive iPhone service in the U.S. and more. Can AT&T keep up its double-digit earnings growth?
Crude oil prices hit a record closing high over $117 a barrel on Monday as rebel attacks cut Nigerian supplies and a Scottish refinery strike threatened North Sea crude production.
The dollar fell broadly on Monday after weaker-than-expected Bank of America profits damped investors' initial optimism that companies may escape the pinch of the crisis in global credit markets.
Talk about coming of age. The Beijing Auto Show and China's auto market are making a statement this week. It's loud and clear: "We are world players!" In fact, it brings up the question about whether this show and the Chinese market are bigger than the Detroit Show and U.S. Market?
Business economists are turning pessimistic about the U.S. outlook and increasingly fear economy will slip into a recession in coming months.
I've been asked to talk about gas prices a lot lately. The outlook is a bit disturbing and has many folks trying to figure out ways to bike, hike, walk or run--anything but drive--to their destinations.
Asian stocks rose to their highest level in seven weeks on Monday, as investors cheered upbeat earnings from U.S. bellwethers which triggered a rally in U.S. stocks last Friday.
Australia's producer prices surged by a record 1.9 percent last quarter, far above forecasts and sparking concerns the country's inflation problems will not be tamed as quickly as many had hoped.