SINGAPORE, April 1- Gold steadied on Wednesday after falling for a second straight month in March as renewed bets that the Federal Reserve is on course to lift interest rates this year burnished the dollar's appeal. *Spot gold was little changed at $1,184.16 an ounce by 0011 GMT, after ending March with a loss of 2.4 percent. *The world's largest gold-backed...» Read More
In response to weak employment news (for example, claims for jobless benefits increases their most in 16 years in July) and a downgrade by the Bank of England in its assessment of England's economic outlook, expectations for interest rate cuts from the Bank of England ramped up today.
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.
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.
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.
China's industrial output growth slowed to 14.7% in the year to July, a 19-month low, as manufacturers struggled with weakening export demand and rising input costs, the government said on Thursday.
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.
So how do you report a 34 percent drop in revenue, a 35% drop in net contracts and a nearly 20% cancellation rate and still come out as the darling of the home building analysts? Welcome to today’s housing market.
High-yield corporate bonds are set to make good returns and are a more attractive way of buying into the credit space than bank shares which remain very volatile, Charlie Morris, manager of global trend fund at HSBC Investments told CNBC Wednesday.
An August poll of fund managers showed a shift in favor of U.S. assets with a more positive attitude towards the dollar.
The Bank of England signalled today that interest rates in the UK will remain on hold for the coming two years if it is to bring inflation back to target even though the economy will be teetering on the edge of recession.
Chinese shoppers turned in a gold-medal performance in July as annual growth in retail sales accelerated to a record 23.3 percent on the back of rising incomes.
Stocks should continue to take most of their cues from oil and the dollar Wednesday, but July retail sales data could also be key.
Japan's economy contracted 0.6% in the second quarter, reinforcing views that the world's No.2 economy has slipped into recession after its longest postwar expansion.
The U.S. economy may yet slip into recession, but inflation is an even bigger risk given the "exceptionally'' stimulative stance of monetary policy, Richmond Federal Reserve President Jeffrey Lacker said Tuesday.
It’s still pre-season for football, but on Tuesday in New England, the Patriots' stadium will be open. It’s not for football and it’s not for fans -- it’s for borrowers in danger of losing their homes and for the mortgage lenders and banks who hold or service their loans.
Credit cards and college students are a dangerous combination. And with the start of college just days away, it's not too late for a quick primer course. By senior year, nine out of ten have at least one credit card with an avearge outstanding balance of $2,864.
Many incomes are flat or down. The same goes for Investment portfolios. In many parts of the country, your house isn't worth what it used to be. People are losing their jobs, homes or both. Living with debt and credit has become a high-stakes, high anxiety balancing act. This special report will help you.
With more Americans taking on more debt, debt consolidation may seem like a good way out. If so, do it sooner, rather than later and beware of these common mistakes.
If you’re one of the many American’s with bad credit, a credit repair service probably sound pretty appealing. But can they really fix your credit? The short answer is no. Here's why.
Is it practical or even possible in modern day America to eliminate debt entirely? It just takes discipline, sacrifice and a more liberal definition of what constitutes personal debt. Here's what we mean.