European confidence in the economic outlook dropped to the lowest in eight months in June as policy makers struggled to craft a second bailout package for Greece.
BusinessWeek.com — Finance
U.S. consumer spending probably rose in May at the slowest pace in almost a year, reflecting fewer new-car purchases and dimmer employment prospects, economists said before a report today.
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
Dubai shares headed for their lowest close 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 reserves to stabilize prices.
BusinessWeek.com — Finance
European stocks climbed the most in two months amid speculation that Greek Prime Minister George Papandreou will win a confidence vote that moves the nation a step closer to avoiding a default.
BusinessWeek.com — Finance
U.S. investors last week pulled the most money from domestic stock funds in six months after equities fell on concerns that the economic recovery may be faltering.
BusinessWeek.com — Finance
Job openings in the U.S. decreased in April for the first time in three months, showing companies started to lose confidence in the expansion’s durability even before hiring slumped in May.
BusinessWeek.com — Finance
U.K. mortgage approvals fell in April to the lowest in four months as rising jobless claims undermined consumer confidence and an extra public holiday for the royal wedding slowed house purchases.
BusinessWeek.com — Finance