A new wave of corporate layoffs could pick up momentum if the economy does not kick into a higher gear soon.
Stocks clawed back from session lows ahead of a crucial vote in Washington on the debt deal, but still ended lower Monday following a dismal manufacturing report in addition to renewed worries over some euro zone countries.
The key to trading today is July ISM, which comes at 10am ET. With the exception of May, it has been above 55 for a year. Unfortunately, the whisper numbers are fairly weak...with some estimates as lows as 52. Still expanding, but not very vigorously.
Futures surged Monday, after top U.S. lawmakers sealed a deal to raise the debt ceiling one day ahead of a deadline for a potential default.
Thousands of layoffs were announced in just the past week, and that trend could continue if economic growth does not start to pick up speed.
Stocks reversed course in the final hour of trading to end lower Thursday amid thin volume as investors nervously awaited a key vote on a bill to cut the U.S. deficit in Congress this evening.
Stocks declined in the final hour of trading Thursday amid thin volume as investors nervously awaited a key vote on a bill to cut the U.S. deficit in Congress this evening.
Stocks added to gains Thursday, led by techs, after a handful of positive economic news and ahead of a key vote on a bill to cut the U.S. deficit in Congress.
Futures gained Thursday after weekly jobless claims fell more than expected, but investors continue remain on edge ahead of a key vote on a bill to cut the U.S. deficit in Congress.
Emerging Asia’s wealthy are getting richer twice as fast as their peers in other regions. For private banks, which generally seek clients with at least $1 million in investable assets, that sounds like a licence to print money. The FT reports.
Global regulators are poised to set tighter capital requirements for about 30 of the world’s biggest banks, to ensure the next financial crisis can be contained, the FT reports.
Stocks rallied over 1 percent Tuesday following a handful of economic data that helped boost investor confidence and after China's robust industrial production report.
Stocks ended narrowly mixed in a choppy session Monday, after another downgrade of Greece's credit rating offset gains from a flurry of M&A activity and as investors continued to worry over a slowing global recovery ahead of a handful of key economic news throughout the week.
US stock index futures signaled a largely flat open for stocks on Monday, after Wall Street ended down for the sixth week on Friday.
The anti-corruption group Global Witness says it has obtained a document that details for the first time the involvement of Western banks—including some in the U.S.—in financing the regime of Libyan leader Moammar Gaddhafi.
While governments have largely failed to lower debt and the consumer in many parts of the world remains highly leveraged, companies have been leading the way in repairing their balance sheets.
There are 210 million registered cell phones in Brazil, 10 million more than the estimated population of the entire country, more proof to this traveler that Brazil is a country bursting at the seams.
As a small business owner, you need a credit card company you can count on. You need a financial partner that will be in your corner, that will care about your needs and help you navigate the treacherous financial landscape. However, not all credit card companies are created equal.
The bank could face a shareholder revolt over executive pay later Wednesday; it was warned it will be under scrutiny "for the foreseeable future".
An investigation is under way into the handling of Prudential’s $35 billion aborted bid for Asian life assurer AIA, according to people familiar with the matter. The FT reports.