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CORRECT:UPDATE:US Stks Up; Consumer Confidence Spurs Broad Gains

admin — Wed, 27 May 2009 10:42:37 +0000

(”UPDATE: US Stocks Up As Consumer Confidence Spurs Broad Gains” published at 5:18 pm EDT misspelled Regions Financial’s name in the last paragraph.

US April Leading Economic Indicators Index Surge 1%

admin — Thu, 21 May 2009 17:07:40 +0000

By Shobhana Chandra May 21 (Bloomberg) — The index of US leading economic indicators rose more than forecast in April, a sign the deepest slump in at least half a century is easing.

Mortgage Rates Fall in US for 30-Year Fixed Loans

admin — Thu, 21 May 2009 17:02:36 +0000

By Brian Louis May 21 (Bloomberg) — Fixed mortgage rates for 30-year US home loans fell for the first time in three weeks as a Federal Reserve program of buying home-loan securities reduced rates.

STOCKS NEWS US-Markets fall as jobs, Fed data hurts optimism

admin — Thu, 21 May 2009 17:01:09 +0000

Major US stock indexes fell on Thursday, pressured as signs of further job weakness and a disappointing Fed regional survey fueled doubts about prospects for a quick economic rebound. The Dow Jones industrial average fell 1.7 percent to 8,283.06 while the S&P 500 lost 1.7 percent to 888.23 and …

US Stocks Slide As Energy Companies Pace S&P 500 Lower

admin — Sat, 16 May 2009 20:10:47 +0000

By Peter A. mckay and Geoffrey Rogow US stocks pushed lower in choppy trading Friday, with data confirming that inflation isn’t yet picking up weighing on energy companies.

US gold ends up on ETF buying amid safe-haven bids

admin — Wed, 13 May 2009 21:24:11 +0000

NEW YORK, May 13 (Reuters) – New York gold futures ended higher on Wednesday after hitting a six-week high, supported by buying by gold-backed exchange-traded funds and alternative-investment demand amid losses on Wall Street, traders said.

US DOT to sack slot auctions in NYC

admin — Wed, 13 May 2009 21:21:40 +0000

Transportation Secretary Ray LaHood told members of the Association for a Better New York Wednesday it would not pursue a Bush Administration plan to auction up to 10 percent of takeoff and landing slots at John F. Kennedy International, Newark Liberty ..

US power utilities hail carbon bill compromises

admin — Wed, 13 May 2009 21:18:18 +0000

By Timothy Gardner NEW YORK (Reuters) – US electricity generators support compromises being reached by Democrats in the House of Representatives on proposed climate legislation, saying the changes would soften the impact on power bills.

US moving ahead on bank oversight

admin — Wed, 13 May 2009 21:16:09 +0000

Treasury chief Geithner says new regulatory structure needs to be ‘cleaner’ and consolidated – says administration will unveil legislation within weeks.

US Economy: Retail Sales Unexpectedly Fell in April

admin — Wed, 13 May 2009 21:13:48 +0000

By Courtney Schlisserman May 13 (Bloomberg) — Retail sales in the US unexpectedly dropped in April for a second month, indicating that rising unemployment is prompting consumers to conserve cash.