Economy | World Latest News

Recovery hopes painful for hedge fund legend Paulson

President Obama has been accused of not doing enough for the US economy By Emma Rowley 10:27PM BST 08 Oct 2011 Comments [...]

October 8, 2011 | Posted in Business | Read More »

Nasdaq off 1 percent after 3-day market rally (Reuters)

Reuters - The Nasdaq fell over 1 percent on Friday as stocks struggled to make headway following a three-day market rally, even after a report showed the U.S. economy added more jobs than expected in September.[Read more...]

October 7, 2011 | Posted in Business | Read More »

Wall Street flat after 3-day rally (Reuters)

Reuters - Stocks were little changed on Friday following a three-day rally after more jobs were created than expected in September, helping to ease concerns the economy was heading back into recession.[Read more...]

October 7, 2011 | Posted in Business | Read More »

Wall Street set to jump after payrolls data (Reuters)

Reuters - Stocks were set to open higher on Friday, extending a three-day rally after more jobs were created than expected in September, helping to ease concerns the economy was heading back into recession.[Read more...]

October 7, 2011 | Posted in Business | Read More »

Stock futures positive after payrolls data (Reuters)

Reuters - Stock index futures turned positive on Friday after stronger-then-expected payrolls data suggested the economy may avoid another recession.[Read more...]

October 7, 2011 | Posted in Business | Read More »

ECB Leaves Rates Flat

BERLIN—The European Central Bank unveiled new measures to support banks and prevent a credit crunch from sweeping the euro zone, but stopped short of cutting interest rates to spur an anemic economy, citing too-high inflation. More Trichet Fights for His Legacy Heard on the Street: BOE And ECB [...]

October 6, 2011 | Posted in Business | Read More »

Wall Street drops as Greece overshadows ISM data (Reuters)

Reuters - U.S. stock fell on Monday as new evidence surfaced that Greece would have trouble clawing its way out of a debt crisis, even as data indicated some strength in the U.S. economy.[Read more...]

October 3, 2011 | Posted in Business | Read More »

Greek Economy to Keep Shrinking

ATHENS—Greece presented a 2012 austerity budget Monday that includes sharp increases in taxes and spending cuts amid a fourth year of recession and a deteriorating labor market. In a copy of the draft budget, Greece said it expects its €220 billion ($294.51 billion) economy to contract 2.5% next year, after shrinking 5.5% in 2011, [...]

October 3, 2011 | Posted in Business | Read More »

Conservative party conference 2011: Cameron says UK should stay in the EU

No exit: Cameron ruled out a referendum on EU membership Photo: AFP/GETTY By Matthew Holehouse 10:47AM BST 02 Oct 2011 Prime Minister David Cameron today said [...]

October 2, 2011 | Posted in U.K. | Read More »

Obama pitches jobs bill, GOP wants less red tape (AP)

AP - President Barack Obama and his House Republican adversaries feuded over how to best create jobs in the weakened U.S. economy Saturday, with Obama demanding Congress pass his $447 billion jobs bill and the GOP countering with a call for less government red tape.[Read more...]

October 1, 2011 | Posted in Politics | Read More »