Consumer confidence rose to the highest level in 10 weeks, as falling gasoline prices provided relief to Americans contending with 9.1 percent joblessness.
BusinessWeek.com — Finance
Dubai shares retreated to the lowest level in three months as Europe’s sovereign debt crisis weighed on the global economy and the International Energy Agency said it may release more oil to stabilize prices.
BusinessWeek.com — Finance
European stocks fell for an eighth week, the longest stretch of losses since 1998, as concern grew that Greece will default and the Federal Reserve cut its growth forecast for the world’s largest economy.
BusinessWeek.com — Finance
European stocks were little changed near a three-month low as a rebound in mining companies and carmakers offset a retreat in banking shares amid concern the region’s sovereign debt crisis will worsen.
BusinessWeek.com — Finance
Asian stocks fell, driving the region’s key index lower for the first day in three, after the U.S. Federal Reserve lowered its growth forecast for the world’s biggest economy and said further stimulus measures are unlikely, fueling global growth concerns.
BusinessWeek.com — Finance
European stocks and U.S. index futures declined before the Federal Reserve indicates whether there will be more stimulus measures. Treasuries rose, while the pound weakened and oil retreated.
BusinessWeek.com — Finance
U.S. stocks retreated, threatening the 2011 gain for the Standard & Poor’s 500 Index, as European officials failed to agree on a bailout plan for Greece.
BusinessWeek.com — Finance
Asian stocks fell, extending a seventh straight weekly decline, as oil traded at a four-month low after European governments failed to agree a loan payout to spare Greece from default. Japanese nuclear-power generators advanced.
BusinessWeek.com — Finance
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