Tag: U.S.

October 22, 2015

There’s no reason for U.S. moms to panic about the latest headlines saying that Lego will run out of bricks before Christmas. The Danish toy maker will only struggle to meet demand in some European markets, while the U.S. is […]

October 22, 2015

The federal government is increasingly relying on a recruitment tool growing in popularity with employers that range from one of the best-known firms in corporate America to a brothel: Helping to pay off their workers’ student loans. Last year, the […]

October 21, 2015

Source photo The dollar inched up against the yen in range-bound Asia trade Wednesday, with investors largely sitting on the sidelines with no fresh trading cues. The currency USDJPY, +0.04% briefly hit as high as ¥120.01 in keeping with stock […]

October 21, 2015

Stagnating rig productivity shows U.S. shale oil producers are running out of tricks to pump more with less in the face of crashing prices and points to a slide in output that should help rebalance global markets. Over the 16 […]

October 20, 2015

The dollar was unchanged against the yen and the euro in range-bound Asian trade Tuesday, as investors remained reluctant to make major bets given the lack of fresh trading cues. The greenback USDJPY, +0.12% was at ¥119.49, unchanged from late […]

October 19, 2015

U.S. stock futures on Monday pointed to a lower open, weighed down in part by Morgan Stanley’s nearly 6% drop after the bank’s disappointing quarterly results. Oil driller Transocean Ltd. also helped to drive the decline, as crude futures dropped […]

October 19, 2015

Source photo American manufacturing is in recession. This week, new regional surveys from the New York and Philadelphia Federal Reserve banks showed that the sector is in contraction. Production at factories also fell for a second straight month, according to […]

October 16, 2015

Source photo The U.S. dollar extended gains against the Japanese yen in Asia trade Friday, as dip-buying kicked in after it tumbled overnight to its lowest level in nearly two months. The dollar USDJPY, +0.11% was at ¥119.17, compared with […]

October 14, 2015

Source photo The dollar moderately weakened against the yen and the euro in Asia trade Wednesday, as the Japanese and eurozone currencies were bought amid volatility in riskier assets. The greenback USDJPY, -0.10% was at ¥119.68, compared with ¥119.74 late […]

October 14, 2015

Source photo Hillary Clinton on Tuesday went on offense in the first Democratic presidential debate on gun control, foreign policy and the Republican probe of her email server, while also punching back against a quartet of primary rivals seeking to […]

October 14, 2015

Source photo The Federal Bureau of Investigation and the U.S. Department of Justice are examining Goldman Sachs Group Inc’s role in allegations of corruption and money laundering at Malaysian state investor 1Malaysia Development Bhd (1MDB), the Wall Street Journal reported […]

October 13, 2015

Source photo The yen strengthened against its rival currencies in Asia trade Tuesday, as slumping Asian stocks and weak China trade data prompted investors to buy the safety of the Japanese currency. The greenback USDJPY, -0.34% was at ¥119.84, compared […]

October 13, 2015

Federal Reserve governor Lael Brainard stepped out of the shadow of Fed Chairwoman Janet Yellen Monday and urged the central bank not to hike rates prematurely. In a speech at the National Association for Business Economics, Brainard said that the […]

October 12, 2015

Crude oil prices rallied in Asia trade Monday on declining U.S. oil rig count and indications that major oil producers are ready to jointly tackle the prolonged low prices. On the New York Mercantile Exchange, light, sweet crude futures for […]

October 12, 2015

Source photo Two former Rabobank [RABO.UL] traders from Britain are set to become the first defendants to face trial in the United States on charges stemming from a global investigation into whether various banks sought to manipulate the interest rate […]

October 12, 2015

Source photo Now is not the right time for the United States to raise interest rates, given the global economic situation, China’s Finance Minister Lou Jiwei said in an interview published in the China Business News on Monday. Speaking on […]

October 9, 2015

There’s no shortage of innovative and impressive startups in New York’s Silicon Alley. But which are the coolest? Pulled from our recently published Silicon Alley 100 list, meet the coolest startups in New York City. All the companies on this […]

October 9, 2015

U.S. stock futures climbed modestly shortly before the opening bell Friday, tracking a global rally in a week that has delivered sizable gains for Wall Street. Some gloomy news came after the close Thursday, as Alcoa Inc. slashed its outlook […]

October 9, 2015

Following September’s policy meeting, the Federal Reserve reiterated intentions to raise interest rates by the end of the year. The fed funds rate has been near zero percent since late 2008, in response to the worst recession since the 1930s […]

October 9, 2015

A heavyweight new campaign group calling for Britain to leave the European Union launched on Friday with support from Tory, Labour, Green, and UKIP politicians and top political donors. Vote Leave has support from millionaire Labour donor John Mills, who […]