Posted: 23 Jun 2011 02:01 PM PDT
Reuters - The Federal Reserve's balance sheet expanded to a record size in the latest week, as the central bank bought more bonds in an effort to support the economy, Fed data released on Thursday showed.
Posted: 23 Jun 2011 06:49 PM PDT
Reuters - Brent crude rebounded by more than $1 from a four-month low on Friday as traders and investors attempted to gauge the actual impact a release of emergency oil stockpiles coordinated by the International Energy Agency will have on supplies.Posted: 23 Jun 2011 04:54 PM PDT
Reuters - Ben Bernanke used his second-ever news conference on Wednesday to teach the world's financial markets a lot more about the thinking at the Federal Reserve than they could glean from its usual statements.Posted: 23 Jun 2011 03:59 PM PDT
Reuters - Oracle Corp posted disappointing quarterly results particularly in hardware sales, sparking concerns about a sharper-than-expected slowdown in tech spending and sending its shares down 6 percent.
Posted: 23 Jun 2011 04:07 AM PDT
AFP - European equities fell on Thursday after the Federal Reserve downgraded its US growth forecast, while downbeat Chinese manufacturing data sparked concern about the Asian powerhouse economy.Posted: 23 Jun 2011 01:19 PM PDT
AP - PRICES PLUMMET: Commodities dropped sharply on evidence of a slowing global economy and a decision to release emergency oil supplies into the market. Oil fell 4.6 percent, silver dropped 4.7 percent and heating oil lost 5.8 percent.
Posted: 23 Jun 2011 06:08 PM PDT
AP - H&R Block Inc. said Thursday that its fiscal fourth-quarter profit fell 5 percent, as revenue declined and the company booked charges related to its loss of its refund-backed loan program.
Posted: 23 Jun 2011 04:58 PM PDT
AP - Greece's beleaguered government said Thursday it will start taxing minimum-wage earners and encourage local banks to help the state delay debt payments for bonds maturing as late as 2015.Posted: 23 Jun 2011 08:29 AM PDT
AP - Mortgage rates for the past 52 weeks, at a glance
Posted: 23 Jun 2011 03:45 PM PDT
AFP - The European Union announced agreement early Friday between Greece, the EU and the IMF on the final details of 28 billion euros worth of savings that Athens needs to implement over the next five years.Posted: 23 Jun 2011 07:09 AM PDT
AP - Jewelry retailer Tiffany & Co. is replacing its chief financial officer as it reshuffles longtime executives and adds a chief operating officer position.
Posted: 23 Jun 2011 11:58 AM PDT
AP - Lennar Corp. rendered its verdict on the spring home-selling season on Thursday, saying an expected sales rally in what is traditionally the peak period for home sales simply didn't happen.Posted: 23 Jun 2011 02:23 PM PDT
Reuters - U.S. sales of "sweet" crude oil from the Strategic Petroleum Reserve (SPR) will have a base price of $112.79 a barrel, a spokeswoman for the SPR said on Thursday.
Posted: 23 Jun 2011 06:19 PM PDT
AP - Republicans pulled out of debt-reduction talks led by Vice President Joe Biden with a flourish on Thursday, blaming Democrats for demanding tax increases as part of a deal rather than accepting more than $1 trillion in cuts to Medicare and other government programs.Posted: 23 Jun 2011 06:52 PM PDT
Reuters - Trouble with new technologies including a clunky control system for its radios pounded Ford Motor Co's ranking in a closely watched quality ranking, just a year after the U.S. brand led its mass-market rivals.| You are subscribed to email updates from Yahoo! News: Business News To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
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