Rally could spell pullback for stocks (Reuters)
Reuters - A pullback could be on the table next week for stocks after their best weekly performance in two years, especially if a raft of data headlined by the June jobs report doesn't bolster the argument of a strengthening economy.
Reuters - Scrutiny of the accuser in the sexual assault case against former IMF chief Dominique Strauss-Kahn intensified on Saturday after more revelations about her conduct following the purported May 14 attack.
AFP - London's FTSE 100 index steadied in opening deals on Friday, after Greece's approval of austerity measures led shares to soar the previous day.
AFP - With the sex assault case against Dominique Strauss-Kahn hanging by a thread, damning new revelations emerged Saturday about his accuser, whose mounting credibility problems prompted the ex-IMF chief's release from house arrest.
AFP - The US ambassador in Baghdad said on Saturday that the State Department has asked for a $6.2 billion budget for Iraq in 2012, underscoring that its oil and gas reserves were critical for the world's future energy needs.
AP - President Barack Obama said Saturday that "nothing can be off-limits" in the budget debate — even though Republicans have said tax increases are. The president said every tax break and federal program must come under scrutiny.
Posted: 01 Jul 2011 07:43 PM PDT
Reuters - A pullback could be on the table next week for stocks after their best weekly performance in two years, especially if a raft of data headlined by the June jobs report doesn't bolster the argument of a strengthening economy.Posted: 02 Jul 2011 06:18 PM PDT
Reuters - Euro zone finance ministers agreed on Saturday to disburse a further 12 billion euros ($17.4 billion) to Greece and said the details of a second aid package for Athens would be finalised by mid-September.
Posted: 02 Jul 2011 06:19 PM PDT
Reuters - Scrutiny of the accuser in the sexual assault case against former IMF chief Dominique Strauss-Kahn intensified on Saturday after more revelations about her conduct following the purported May 14 attack.Posted: 02 Jul 2011 04:41 AM PDT
Reuters - China's IPO market slowed by a fifth in the first half of 2011 amid a lack of mega deals that hit the market the year before, with fundraisings dominated by small businesses, a trend that analysts said could last for a few more months.
Posted: 01 Jul 2011 12:25 AM PDT
AFP - London's FTSE 100 index steadied in opening deals on Friday, after Greece's approval of austerity measures led shares to soar the previous day.Posted: 01 Jul 2011 11:10 AM PDT
Reuters - The pace of growth in U.S. manufacturing picked up for the first time in four months in June, surprising investors and fueling optimism the recent economic slowdown will be temporary.
Posted: 02 Jul 2011 02:28 PM PDT
AP - Greece was pulled back from impending default Saturday, when eurozone finance ministers signed off on a vital loan installment. But the country's international creditors are showing more concern over whether it can service its debt in the long run.
Posted: 02 Jul 2011 01:25 PM PDT
AFP - With the sex assault case against Dominique Strauss-Kahn hanging by a thread, damning new revelations emerged Saturday about his accuser, whose mounting credibility problems prompted the ex-IMF chief's release from house arrest.Posted: 02 Jul 2011 12:42 PM PDT
AFP - The US ambassador in Baghdad said on Saturday that the State Department has asked for a $6.2 billion budget for Iraq in 2012, underscoring that its oil and gas reserves were critical for the world's future energy needs.Posted: 02 Jul 2011 01:52 PM PDT
AP - President Barack Obama said Saturday that "nothing can be off-limits" in the budget debate — even though Republicans have said tax increases are. The president said every tax break and federal program must come under scrutiny.Posted: 02 Jul 2011 10:40 AM PDT
AP - After decades of getting the cold shoulder from automakers in the South, the United Auto Workers union is courting the region's newcomer, Volkswagen.
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