MOSCOW— Russian central bank cuts key interest rate by 2 percentage points to 15 percent; ruble drops.» Read More
The US economy probably grew modestly in the second quarter, but analysts believe Thursday's GDP report will mainly reflect the help from stimulus checks.
The Federal Reserve said it is extending its emergency borrowing program to Wall Street firms and is taking other steps to ease a severe credit crunch that has hobbled the national economy.
Japanese industrial output fell a little more than expected in June and marked its second straight quarter of decline, adding to concern that the economy may be slipping into recession as high energy costs curtail corporate activity.
Oil inventory data could be as much a factor for stocks as energy markets Wednesday, if the seesaw trade between the two markets continues.
Tuesday has all the makings of another choppy session with little economic data but more fretting about the financial sector and plenty of earnings news.
Japan's jobless rate rose in June to a near two-year high and household spending fell again from a year earlier, data showed on Tuesday, in a sign of further trouble for an economy already battered by surging energy costs.
Inflation is a concern in the United States and headwinds to economic growth may be picking up, Minneapolis Fed President Gary Stern said in a newspaper interview published on Monday.
China will use a variety of tools, including interest rates, to stabilize growth and keep the world's fourth-largest economy on an even keel, the central bank said on Sunday.
Like a sailing ship waiting for the wind to shift, the stock market could drift as it focuses on oil, economic data and earnings reports in the week ahead.
A curious report this morning from the U.S. Dept. of Commerce: New homes sales fell 0.6% in June from the month before. Why curious? Because all the numbers in the game changed.
US consumer sentiment recovered from early 1980s lows in July as Americans received tax rebate checks, but remained pressured by high gasoline prices and falling home values.
Stocks go into Friday facing important manufacturing and housing data and, of course, more turbulence.
South Korea's economy grew slightly more than expected in the second quarter on robust exports, data showed on Friday, which analysts said cleared the central bank to hike interest rates next month to curb inflation.
While everyone busies themselves today parsing the existing homes data from the National Association of Realtors: sales down 2.6 percent in June, inventories spiking up again to an 11.1 month supply, and prices falling 6.1 percent, I need to focus on something that wasn’t in the table of this particular report.
The top U.S. securities regulator remains steadfast in a plan to broaden an emergency rule to curb abusive short selling despite opposition from the hedge fund industry and other short sellers.
The euro zone economy appears to be taking a hammering as a key business survey released on Thursday painted a deteriorating picture, coming in well below analysts' expectations.
Singapore's central bank on Thursday raised its 2008 consumer price inflation forecast to 6% - 7% from 5% - 6% and said it expected price pressures to remain elevated despite a slowdown this year in economic growth.
Japan's exports unexpectedly fell in June for the first time in nearly five years, trade data showed on Thursday, in a sign that U.S. economic troubles ensuing from a mortgage market debacle are dampening demand in China and other emerging economies.
Oil's move to a six-week low has been cheering the stock market, but the question is for how long?
See what Beijing is doing to tackle its air pollution problems and listen to a CEO's comments on New York's real estate business. Following are today's top videos: