Stocks Cheapest in 26 Years as S&P 500 Falls, Profit Rises
For the second time since the bull market began, profits are surging and stocks are falling.
BusinessWeek.com — Finance
For the second time since the bull market began, profits are surging and stocks are falling.
BusinessWeek.com — Finance
Japan’s industrial production rose at the fastest pace in more than 50 years, led by carmakers as they restored operations at plants after a record earthquake and tsunami on March 11.
BusinessWeek.com — Finance
European stocks gained as investors speculated that Greek lawmakers will heed Prime Minister George Papandreou’s call to approve a package of austerity measures.
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
The Bank of Korea may need to slow the pace of interest-rate increases after its fifth move since July 2010 last week because of rising risks to the global economic outlook, a board member said.
BusinessWeek.com — Finance
Asian stocks rose, paring the regional benchmark index’s sixth weekly decline, as U.S. consumer confidence improved, easing concern that the global recovery will falter.
BusinessWeek.com — Finance
U.S. stocks advanced, snapping a six- day decline, as the trade deficit unexpectedly narrowed amid record exports and consumer confidence improved.
BusinessWeek.com — Finance
Australia’s economy shrank in the first quarter by the most in 20 years as floods hurt exports, even as stronger business investment underscored the central bank’s forecast for a rebound in the second half of the year.
BusinessWeek.com — Finance