Tag Archive | "economy"

Union Pacific sees slow US growth continuing (AP)

In this Oct. 7, 2010 photo, a Union Pacific train, right, rolls past a freight train in Buffalo, N.Y. Union Pacific said Thursday, Oct. 21, 2010, higher shipping volume, better prices and improved efficiency of its trains drove third-quarter earnings up 51 percent. (AP Photo/David Duprey)AP – The nation’s largest railroad says the economy’s on track to improve, but it’s all uphill.

Read the full story

Posted in Stock Market, US MarketsComments (0)

The challenge facing China

Cooling is welcome, but domestic demand must rise. Beijing has much more to do to meet the even greater challenge of rebalancing its economy

Read the full story

Posted in China Market, Stock Market - AsiaComments (0)

UPS says economy ‘unexciting’ as 3Q profit soars (AP)

In this Oct. 18, 2010 photo, United Parcel Service (UPS) driver Paul Musial sorts packages in his truck in Palo Alto, Calif. UPS is increasing its earnings forecast for the year after reporting its third-quarter earnings jumped 81 percent Thursday, Oct. 21, 2010. (AP Photo/Paul Sakuma)AP – UPS Inc. said Thursday the U.S. economy is stable but “unexciting,” showing more signs of life but not recovering fast enough.

Read the full story

Posted in Stock Market, US MarketsComments (0)

Bond traders wait for Fed’s next move

Treasuries continued to trade in a narrow range Thursday as investors remained on the sidelines in anticipation that the Federal Reserve will soon take action to stimulate the economy.

Read the full story

Posted in Stock Market, US Markets, US NewsComments (0)

Leading indicators rise 0.3 percent in September (AP)

AP – A gauge of future economic activity rose modestly in September, suggesting the economy will grow slowly into next year.

Read the full story

Posted in Stock Market, US MarketsComments (0)

Euro higher as German forecasts stronger growth (AFP)

The euro rose against the dollar as Germany said that its economy, the biggest in Europe, would grow far faster than expected in 2010, while sterling slumped on weak retail sales data.(AFP/File/Leon Neal)AFP – The euro rose against the dollar here on Thursday as Germany said that its economy, the biggest in Europe, would grow far faster than expected in 2010, while sterling slumped on weak retail sales data.

Read the full story

Posted in Stock Market, Stock market - EuropeComments (0)

Stocks headed for higher start

U.S. stocks were poised to open higher Thursday, a positive reaction to the latest report about growth in China’s economy.

Read the full story

Posted in Stock Market, US Markets, US NewsComments (0)

Stocks headed for higher start

U.S. stocks were poised to open higher Thursday, a positive reaction to the latest report about growth in China’s economy.

Read the full story

Posted in Stock Market, US Markets, US NewsComments (0)

Sterling hits 6-month low vs euro; QE worries weigh

Sterling extended losses on Thursday, hitting a six-month low against the euro, weighed by concerns about the possibility the Bank of England may opt for more monetary easing to bolster a faltering economy.

Read the full story

Posted in Currencies, Indian MarketComments (0)

China economy hums along (Reuters)

Reuters – China’s growth ebbed in the third quarter while inflation edged just a touch higher, showing that the world’s second-largest economy was strong but far from overheating and suggesting that an interest rate rise this week may be enough for now.

Read the full story

Posted in Stock Market, US MarketsComments (0)

Archives