Business
Thu, 09 Sep 2010 16:54:15 GMT
AP - Investors welcomed Ireland's plan to split up its most debt-crippled bank, Anglo Irish, by bidding strongly Thursday for government bonds. Ireland's battered bank shares also held their ground.
Thu, 09 Sep 2010 16:51:17 GMT
AP - German chancellor Angela Merkel said Thursday the current economic upswing should benefit workers who were hit by the economic and financial crisis.
Thu, 09 Sep 2010 16:39:56 GMT
Reuters - New U.S. claims for unemployment benefits fell more than expected last week to a two-month low, while the trade deficit narrowed sharply in July, hopeful signs for the stuttering economic recovery.
Thu, 09 Sep 2010 16:21:08 GMT
AP - The trade deficit narrowed significantly in July as exports climbed to the highest level in nearly two years, reflecting big gains in sales of U.S.-made airplanes and other manufactured goods while imports declined.
Thu, 09 Sep 2010 16:17:30 GMT
AP - Oil prices rose again Thursday, to around $75 a barrel, after the government said jobless claims fell and crude inventories shrank more than expected.
Thu, 09 Sep 2010 15:59:53 GMT
Reuters - Russia should uphold democratic rights and increase political competition if the Kremlin's plans to modernize its economy are to become reality, President Barack Obama's top adviser on Russia said on Thursday.
Thu, 09 Sep 2010 14:46:44 GMT
AFP - US President Barack Obama gets better marks for his wartime leadership than his stewardship of the sluggish economic recovery, a new opinion poll found Thursday.
Thu, 09 Sep 2010 14:46:39 GMT
AP - The global economic recovery could be slower than expected but another recession remains unlikely — especially if governments don't overdo their spending cuts, a leading international economic body said Thursday.
Thu, 09 Sep 2010 14:35:36 GMT
AFP - The number of Americans filing new claims for jobless benefits fell faster than expected last week, extending a three-week decline, government data showed Thursday.
Thu, 09 Sep 2010 14:35:25 GMT
AP - Mortgage rates mostly edged up last week as investors' fears about the economy eased.
Thu, 09 Sep 2010 14:27:58 GMT
AP - The number of people signing up for unemployment benefits dropped to the lowest level in two months, an encouraging sign that companies aren't resorting to deeper layoffs even as the economy has lost momentum.
Thu, 09 Sep 2010 13:44:12 GMT
AFP - The US trade deficit dropped more than expected in July as exports reached their highest level in two years, official data showed Thursday, boosting hopes for the US economic recovery.
Thu, 09 Sep 2010 12:57:07 GMT
Reuters - The trade deficit narrowed more than expected in July, as imports retreated and exports shot to their highest since August 2008, according to a government report on Thursday that could lift hopes for third-quarter economic growth.
Thu, 09 Sep 2010 17:04:43 GMT
AP - Appeals court allowing federal funding of stem cell research to proceed temporarily.
Thu, 09 Sep 2010 11:36:48 GMT
Reuters - The Bank of England kept interest rates at 0.5 percent for the 18th month in a row and announced no new quantitative easing purchases, in a widely expected decision on Thursday.
Thu, 09 Sep 2010 11:28:27 GMT
AP - The U.S. has slipped down the ranks of competitive economies, falling behind Sweden and Singapore due to huge deficits and pessimism about government, a global economic group said Thursday.
Thu, 09 Sep 2010 11:19:31 GMT
AP - The Bank of England says it is holding interest rates steady at a record low of 0.5 percent for the 18th consecutive month amid growing fears about a double-dip recession.
Thu, 09 Sep 2010 11:02:05 GMT
AFP - Global equities rose and the dollar steadied against the euro on Thursday amid renewed confidence in the economy and as markets awaited US jobs data and a British interest rate decision.
Thu, 09 Sep 2010 09:47:38 GMT
Reuters - Global recovery looks to be slowing more than expected as growth weakens in rich economies, and stimulus should be extended or stepped up if the slowdown endures, the OECD said on Thursday.
Thu, 09 Sep 2010 09:22:47 GMT
Reuters - Switzerland remains the world's most competitive economy, while the United States has fallen from second to fourth after losing the top spot last year, according to the World Economic Forum's annual rankings issued on Thursday.
