World Economy


  • S&P 500 Leads Global Indices for 5th Straight Day Friday, 15 Aug 2008 | 8:55 AM ET

    Medal Round - Day 5: Half way through the medal round, the playing field continues to shift.  The US' S&P 500 looks poised to stay on track for the gold, but the silver and bronze are up for grabs.

  • Industrial Output Edges Up in July, Topping Views Friday, 15 Aug 2008 | 8:39 AM ET

    U.S. industrial production edged up 0.2 percent in July, boosted by the best gain in manufacturing output in 10 months, a Federal Reserve report on Friday showed.

  • OPEC Trims Oil Demand Forecast, Sees Ample Supply Friday, 15 Aug 2008 | 7:43 AM ET

    OPEC on Friday cut its forecast for global oil demand growth in 2008 for a fifth month and said production is more than adequate, signaling a more comfortable supply and demand balance.

  • Adecco Still Keen on Michael Page Despite Rejection Friday, 15 Aug 2008 | 5:15 AM ET

    The world's No.1 staffing agency Adecco said on Friday it will continue to pursue British recruitment company Michael Page which has twice rejected bid offers worth 400 pence (748.9 cents) a share.

  • European Shares Set to track US, Asian Gains Friday, 15 Aug 2008 | 1:25 AM ET

    European equities were set to rise on Friday, tracking gains on Wall Street and in Asia, as a fall in commodity prices further eased concerns over consumer spending and inflation.

  • Market Insider: Friday Look Ahead Thursday, 14 Aug 2008 | 8:58 PM ET

    It's hard to see Friday's markets as anything but volatile after this past week's wild swings. But if there are no out of the ordinary events, traders say the stock market just might quiet down late in the session as investors head off for one of the final weekends of the summer.

  • Dollar Jumps to Near 6-Month High Vs. Euro Thursday, 14 Aug 2008 | 4:33 PM ET

    The U.S. dollar rallied to an almost six-month high against the euro Thursday amid growing concern over euro zone economic weakness and accelerating inflation in the United States.

  • Stocks Close Higher, Led by Financials Thursday, 14 Aug 2008 | 3:43 PM ET

    Stocks closed higher, with bank shares rising broadly, though the market pulled back from its biggest gains as oil stemmed its slide.

  • What Inflation? Investors Think Stocks Look Cheap Thursday, 14 Aug 2008 | 1:14 PM ET

    Even in the face of economic numbers seemingly showing a big pop in the Consumer Price Index, investors have begun to consider inflation almost an afterthought.

  • Oils, Miners Boost Euro Shares in Choppy Trade Thursday, 14 Aug 2008 | 1:08 PM ET

    European shares ended a choppy session in positive territory on Thursday as a recovery in commodity prices helped energy and mining shares and fears over price pressures were partially quelled by U.S. inflation data.

  • Medal Round - Day 4: Despite a down day across the board, the US has held onto its lead for a fourth straight day.  As of Wednesday's close, 80% of our leaderboard has moved into negative territory.

  • Jobless Claims Fall, But Remain at High Levels Thursday, 14 Aug 2008 | 8:39 AM ET

    The number of U.S. workers filing new claims for jobless benefits fell by 10,000 last week but remained at levels that show labor markets under severe strain.

  • Inflation Heating Up, But Some Think It Won't Last Thursday, 14 Aug 2008 | 8:38 AM ET

    Costlier energy and food helped push July prices up, but  oil prices have begun to decline and analysts hope that the worst might be over.

  • Run from Bear-Market Rally to Cash, Gold: Analyst Thursday, 14 Aug 2008 | 8:33 AM ET

    Stock markets are in a bear-market rally that is running out of steam and investors should seek shelter in cash or gold for the rest of the year, Paul Amery, independent financial analyst, told CNBC Thursday.

  • Euro Zone Economy Shrinks for First Time Thursday, 14 Aug 2008 | 6:56 AM ET

    The euro zone economy recorded its first ever contraction in the second quarter, pulled down by falling activity in its biggest economies, which could lead to a technical recession.

  • European Shares to Recover as Commodities Rise Thursday, 14 Aug 2008 | 1:39 AM ET

    European equities were seen gaining ground on Thursday, recovering after the previous session's sharp losses as rising commodity prices help support heavyweight mining and energy shares.

  • Market Insider: Thursday Look Ahead Wednesday, 13 Aug 2008 | 9:42 PM ET

    Stocks will be on inflation watch Thursday.  Volatile trading in oil and commodities promises to spill into the stock market again. On Wednesday, energy and other commodities rose, reversing a selling trend and worrying investors, who have been hoping for a reprieve from inflation.

  • Today's Top Videos: Google, Toll Brothers & More... Wednesday, 13 Aug 2008 | 6:11 PM ET

    Google CEO shares his insights on the company and the CEO of Toll Brothers explains why he is still satisfied despite the company's weak earnings. Following are today's top videos:

  • Dollar Edges Lower Against Euro as Oil Rebounds Wednesday, 13 Aug 2008 | 3:39 PM ET
    Dollar and Euro

    The U.S. dollar edged lower against the euro on Wednesday after a spike in crude oil prices rekindled worries about the world's largest economy's growth outlook.

  • Good Time To Be a Farmer: Atlanta Fed Chair Wednesday, 13 Aug 2008 | 3:21 PM ET

    We're facing increased inputs, but it's a good time to be a farmer, said Larkin Martin, chairman of the board for the Federal Reserve Bank of Atlanta, and also a seven generation farmer.

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