Weinberg Says ‘Don’t Listen’ to Trichet on Threat of Inflation: Tom Keene - Bloomberg

Unemployment near 10 percent in Europe will weigh on workers’ wages, preventing a sustained surge in prices, said Carl Weinberg, chief economist and founder of […]

Probe: Pipe piece caused blowout preventer failure

A federal probe has found that a trapped piece of drill pipe prevented a key failsafe device from properly sealing off the blown oil well […]

Deal to combine AT&T, T-Mobile raises questions

AT&T’s surprise announcement that it plans to acquire T-Mobile USA will force federal regulators to confront a difficult antitrust question: Can American consumers get good […]

Retirement confidence slips

More than a quarter of U.S. workers

Investors cheer dividend increases at large banks

Bank shareholders got a long-awaited gift from the U.S. Federal Reserve on Friday when the central bank cleared the way for major lenders to increase […]

Japan yen hits record high vs dollar, Nikkei down

The yen soared to a record high against the dollar as Japanese stocks drooped Thursday, erasing a portion of the gains from the day before […]

TSX follows global market sell-off

The Toronto stock market is down almost three per cent as a worsening nuclear crisis in Japan triggered a selloff of equities both in Canada […]

10K dead in Japan amid fears of nuclear meltdowns

The estimated death toll from Japan’s disasters climbed past 10,000 Sunday as authorities raced to combat the threat of multiple nuclear reactor meltdowns and hundreds […]

Stock futures drop on Japan quake, oil below $100

Stock futures are falling as investors try to assess the economic fallout from the largest earthquake in Japan’s history.
The quake struck toward the end of […]

Jobless Claims in the U.S. Rose 26,000 Last Week to 397,000 - Bloomberg

First-time claims for jobless benefits rose last week from an almost three-year low, highlighting the uneven nature of the improvement in the U.S. labor market. […]