NEW YORK — Stock futures fell slightly today as investors were cautious entering a week that provides the latest report on the jobs market. Employment data has become the most important information for traders recently because jobs growth is considered the best way the recovery can get back on track. Signs of a slowdown in [...] [...]
NEW YORK — Stock futures rose modestly day as investors tentatively move back into the market after a recent retreat because of worries about the economy. There are no major economic reports due out today that could sway trading. So while investors are set to buy stocks, they are buying Treasury bonds as well. That [...] [...]
NEW YORK — Stock futures rose today as investors anticipate fresh reports will signal the economy continues to grow, albeit slowly. Economic reports in recent days have indicated the economy is growing at a tepid pace, but they have been enough to reassure investors that the economy isn’t falling back into recession. That comes after [...] [...]
DETROIT — Thirteen months ago, General Motors was fighting for its life in bankruptcy court. Now, the automaker is laying the groundwork to sell stock to the public once again with the eventual goal of ridding itself of government ownership. General Motors Co. filed the first batch of paperwork required to hold an initial public [...] [...]
BANGKOK — World markets mostly posted modest gains today as a steady drumbeat of bad news about the global economic recovery kept new bets on stocks in check. After Japan yesterday became the latest major economy to report slower growth in the second quarter, a regional manufacturing report in the U.S. further disappointed investors. Oil [...] [...]
MOORESVILLE, N.C. — Home-improvement retailer Lowe’s Cos. says its profit rose 10 percent in the second quarter as sales edged up and the company kept costs in check. Lowe’s says revenue from stores open at least a year rose 1.6 percent. Chairman and CEO Robert Niblock says there won’t be consistent improvement in demand until [...] [...]
NEW YORK — Stock futures inched lower after Japan became the latest country to report slowing growth, adding to concerns about the pace of a global economic recovery. Japan reported its economy grew just 0.1 percent in the second quarter, well below the 1.2 percent growth in the first quarter and short of expectations. The [...] [...]
BANGKOK — World markets rebounded today, breaking a week-long slump as investors scooped up beaten down stocks and Germany’s economy grew at its fastest pace for more than two decades. But sentiment remained guarded as an overnight fall on Wall Street and a weak U.S. jobs report added to evidence the recovery in the world’s [...] [...]
NEW YORK — Stock futures and interest rates are tumbling as investors worldwide grow concerned about the health of the U.S. economy after the Federal Reserve said the recovery was slowing down. Overseas markets are falling sharply today. The Fed says it will start buying government bonds with money it receives from maturing mortgage-backed bonds. [...] [...]
NEW YORK — Stock futures edged higher today, though caution remains ahead of two key jobs reports over the next two days. Analysts say unemployment remains the biggest hurdle to a stronger recovery, and traders avoided any big moves before the Labor Department’s two reports. The economy continues to grow, but the pace of the [...] [...]