WASHINGTON, Dec 10- U.S. economic growth was likely stronger in the third quarter than previously reported, according to data on Wednesday that showed spending on services expanding at a brisk clip. "This increased services spending suggests there is greater traction in the economy than was previously assumed and that despite global growth concerns, domestic...» Read More
SINGAPORE, Aug 7- U.S. oil futures clung to overnight gains to trade above $97 a barrel early on Friday on renewed supply risks on news that the United States is considering military action against Islamic militants in Iraq.
July 30- CME Group Inc, the world's largest futures exchange operator, said on Wednesday it would buy derivatives broker GFI Group Inc to expand its reach in the European energy and global foreign exchange markets.
July 27- The average price of a gallon of gasoline in the United States fell by 9 cents in the past two weeks, a sharp drop due to wholesale price cuts at refiners, according to the Lundberg survey released on Sunday. Prices fell to an average of $3.58 per gallon for regular grade gasoline, according to the survey conducted July 25.
WASHINGTON, July 15- U.S. business inventories rose in May, suggesting restocking will still be a boost to growth in the second quarter even as stocks at non-automobile retailers rose marginally. The Commerce Department said on Tuesday inventories increased 0.5 percent after rising 0.6 percent in April.
*Lumber Liquidators tumbles after revised outlook. NEW YORK, July 10- U.S. stocks pulled well off session lows but were still falling on Thursday as concerns about the financial health of Portugal's top listed bank gave investors a reason to cash in recent gains.
NEW YORK, July 10- U.S. stocks fell on Thursday after the health of Portugal's top listed bank was questioned, bringing back to markets the specter of a weakened Europe. With U.S. stocks near record highs, the slide in Europe translated into broad selling on Wall Street.
WASHINGTON, July 10- The number of Americans filing new claims for unemployment benefits fell last week to one of its lowest levels since before the 2007-09 recession, a sign of increasing health in the labor market.
WASHINGTON, July 10- U.S. wholesale inventories rose in May, reinforcing the view that economic growth should surge in the second quarter following a weak first three months of the year. The Commerce Department said on Thursday wholesale inventories increased 0.5 percent from a month earlier.
*Portuguese, Italian markets slide, weigh on Europe. NEW YORK, July 10- U.S. stocks were poised to drop more than 1 percent at the open on Thursday, weighed by a slump in European shares on concern over the health of Portugal's top listed bank and following weak data from Italy.
*Portuguese, Italian markets slide, weigh on Europe. NEW YORK, July 10- U.S. stock index futures fell sharply on Thursday as European shares tumbled on growth concerns after weak data out of Italy and concern over the health of Portugal's top listed bank.
*ShFE copper premiums jump $10 to $135- $150. SYDNEY, July 10- London copper was steady on Thursday and aluminium held near a 13- month peak, as shrinking supply underpins metal prices and investors return to the beaten down asset class on brightening prospects for demand.
SINGAPORE, July 10- Gold edged higher for a second straight session on Thursday, helped by a weaker dollar and as minutes of the Federal Reserve's recent policy meet gave no indication of an early hike in U.S. interest rates.
TOKYO, July 10- U.S. crude oil fell below $102 on Thursday, to trade at its lowest level in more than a month, on wavering demand for gasoline and projections for rising supplies from OPEC member Libya. *U.S. crude futures for August delivery fell 32 cents to $101.97 a barrel by 0002 GMT, after earlier trading as low as $101.72- the lowest level since June 5.
SYDNEY, July 10- London copper opened little changed on Thursday and aluminum held not far off a 13- month top, as shrinking supply underpins metal prices and investors revisit the beaten down asset class on brighter prospects for demand.
U.S. wholesale inventories rose less than expected in December, suggesting a moderation in the pace of stock accumulation.
A local currency hit by months of political unrest, and skittish consumers spending less are keeping the pressure on Thai billionaire Dhanin Chearavanont.
In one of Herbalife's fastest-growing markets, sellers' extraordinary health claims are drawing unwanted attention.
Shanghai authorities are testing mislabeled mutton from a wholesaler that supplies a chain of hot pot restaurants run by U.S. fast food firm Yum Brands.
Gold prices topped $1,675 an ounce, rising along with the euro after the European Central Bank gave no hints on near-term rate cuts.