U.S. stock futures followed European markets lower Monday after Greece Prime Minister Alexis Tsipras promised to end the austerity program that was part of terms agreed to in return for bailout funding from Eurozone partners. He also ruled out extending the bailout program, which ends Feb. 28. Meanwhile, U.K. Prime Minister David Cameron and Read More
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* Alcoa falls in premarket after JP Morgan downgrade * Qualcomm near deal with China on antitrust dispute * Futures off: Dow 95 pts, S&P 11.5 pts, Nasdaq 21.75 pts By Chuck Mikolajczak NEW YORK, Feb 9 (Reuters) – S&P Futures were lower on Monday, in the wake of disappointing economic data out of China Read More
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The Australian bond market is weaker after the release of strong US employment data at the end of last week. The US economy created 257,000 new jobs in January, better than the expected gain of 230,000 that was expected. UBS interest rate strategist Andrew Lilley said the data means that markets are now looking more Read More
Tony fails to consult on choice to consult more TONY Abbott has unilaterally declared he will run a more open, consultative government, saying he does not need to consult his colleagues on his own level of consultativeness.
Gold slumps on good US jobs data Gold has slumped to its lowest level in three weeks, falling $ US28.10, or 2.2 per cent, to $ US1,234.60.
Gold slumps on good US jobs data Gold has slumped to its lowest level in three weeks, falling $ US28.10, or 2.2 per cent, to $ US1,234.60.
![CDATA[ By Jonathan Underhill Feb. 9 (BusinessDesk) – Further evidence of the strong US labour market and a rebound in the price of oil has bolstered the mood on Wall Street as investors await more corporate earnings as well as the outcomes of meetings of Group of 20 leaders and euro-zone finance ministers. A report Read More
New York (AFP) – Oil prices scored strong gains for a second day Friday, helped by a surprisingly robust jobs report in the United States, the world’s largest crude consumer. US benchmark West Texas Intermediate (WTI) for March delivery advanced $ 1.21 (2.4 percent) to settle at $ 51.69 a barrel. Brent North Sea crude Read More
RadioShack bankruptcy filing: To sell up to 2,400 stores Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to Sprint and an affiliate of hedge fund Standard General, its lender and largest shareholder. RadioShack, which posted losses in Read More