U.S. stocks extended a fifth straight weekly drop, the longest slump for the Dow Jones Industrial Average since 2004, as slower-than-estimated growth in jobs fueled concern that earnings forecasts are too optimistic.
BusinessWeek.com — Finance
U.S. stocks were poised to extend a fifth straight weekly drop, the longest slump for the Dow Jones Industrial Average since 2004, after lower-than-forecast growth in employment added to evidence the economy is slowing.
BusinessWeek.com — Finance
Billionaire Carlos Slim’s Grupo Financiero Inbursa SAB is paying the lowest return among Mexican pension funds by keeping more than 50 percent of assets in local government bills, missing out on the biggest rally in longer- term debt since 2006.
BusinessWeek.com — Finance
U.S. stocks slid, trimming a weekly rally, after slower-than-estimated growth in payrolls and an unexpected increase in the unemployment rate damped optimism about the economic recovery.
BusinessWeek.com — Finance
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