TOKYO, March 7- Japan's Nikkei share average rose to a fresh five-week high on Friday as a weak yen lifted risk appetites following better-than-expected U.S. jobless claims and the European Central Bank's decision to keep its rates unchanged. The Nikkei ended 0.9 percent higher at 15,274.07, the highest closing level since Jan. 29.» Read More
Federal Reserve policymakers weigh a broad range of economic scenarios to determine the right moves on interest rates during times of uncertainty, Fed Chairman Ben Bernanke said Friday.
Rather than get bogged down in Google's earnings numbers, which were extraordinary once again, investors and analysts will seize on the company's headcount, and for good reason. The company added a staggering 2,100 employees these past three months, on top of the 1,500 they added last quarter.
Federal Reserve policy maker Thomas Hoenig said on Wednesday he was open minded about the future direction of U.S. interest rates but was on alert for fallout from financial market woes.
A gauge of future economic activity edged higher in September, suggesting the economy may continue to trudge forward at a modest pace despite a worsening housing slump.
Groundbreaking for new homes and permits for future building both hit a 14-year low last month, reviving worry about a deepening housing slump and fueling hopes for more interest-rate cuts.
The summary of the Beige Book released by the Federal Reserve prepared at the Federal Reserve Bank of Dallas and based on information collected on or before October 5, 2007.
Federal Reserve Chairman Ben Bernanke spooked investors by saying a full recovery in financial markets may not happen right away.
Foreign investors fled from U.S. assets in August as a meltdown in the U.S. subprime mortgage market triggered a global credit crunch, Treasury Department data showed on Tuesday.
Treasury Secretary Henry Paulson warned that the housing correction would continue to hurt the economy and financial markets and called for assistance for homeowners.
The text to a speech given by Federal Reserve Chairman Ben Bernanke on "The Recent Financial Turmoil and its Economic and Policy Consequences" on October 15, 2007 in New York City.
Medical device maker Boston Scientific is preparing to slash thousands of jobs to counter slumping sales, according to a media report Tuesday.
The response to the Ann Coulter blog streams in! From Roald M: "Miss Wells states very well what christians believe. Ann Coulter, as is her style, put christian beliefs in a way that meant to bring on discussion or comment, but believe me, was not mean spirited..
Manufacturing activity in New York State factories improved in October as new orders and shipments indexes jumped, New York Federal Reserve said on Monday.
This is a challenging blog to write. It’s very personal. The funny thing about being a Christian in this country is that, while Christianity is the dominant religion, I find it difficult to say, “I am a Christian.” I feel some people jump to conclusions, few of them flattering.
U.S. consumer sentiment fell slightly in early October to its lowest in more than a year as uncertainty grew about the extent of the housing slump, a survey released Friday showed.
President Bush said in an interview with the Wall Street Journal Thursday that he believes in a "strong dollar policy" and that a trade war with China is not in the US interest.
US home foreclosure filings decreased 8% in September from a 32-month peak in August, though they are still nearly double their year-ago levels, a report said on Thursday.
The U.S. economy showed signs of resilience according to data released on Thursday, with exports surging to a record in August and a weekly labor market gauge showing the number of longer-term unemployed unexpectedly fell.
Australia's jobless rate fell to a fresh 33-year low of 4.2% in September, keeping alive speculation that interest rates would need to be raised again to cool the economy and restrain inflation.
Federal Reserve officials Tuesday said the U.S. economic outlook is unclear, but credit market strains that led the central bank to cut interest rates sharply last month are easing, suggesting a follow-up rate cut is not a done deal.