US stock index futures point to lower open
The stock market appeared headed for a modestly lower open Thursday as investors looked for more evidence of an economic recovery. U.S. stock futures slipped even as European markets moved lower after prices surged in Asia. Ahead of the ope...
Wall Street opens flat after corporate outlooks
data showed the number of people filing claims for jobless benefits fell last week....
Crude prices fall as dollar rebounds
NEW YORK, Oct. 2 (Xinhua) -- Crude futures fell Tuesday as the dollar rebounded against several foreign currencies. In recent days, oil futures have fallen as the dollar has strengthened. Some analysts believed oil's September rally to reco...
Commissioner Nazareth announces intention
WASHINGTON, Oct. 2 (Xinhua) -- U.S. Securities and Exchange Commissioner (SEC) Annette L. Nazareth announced her intention on Tuesday to leave the Commission to return to the private sector. In her nine years at the Commission, as a Commiss...
Crude prices retreat as investors take profits
NEW YORK, Oct. 1 (Xinhua) -- Crude futures fell sharply Monday as investors took profits. Oil prices surged last month on expectations of a supply shortfall in the fourth quarter as heating demand peaks in the Northern Hemisphere. On Friday...
Merrill Lynch introduces biofuels indices
NEW YORK, Oct. 1 (Xinhua) -- Merrill Lynch, a leading U.S. investment bank, introduced on Monday two biofuels indices designed to offer investors exposure to the fast-growing biofuels market. The MLCX Biofuels Index weights commodities acco...
U.S. construction spending rises 0.2% in August
WASHINGTON, Sept. 28 (Xinhua) -- Construction spending in the United States rose by 0.2 percent in August, much better than the 0.2 percent decline expected by analysts, the Commerce Department reported Friday. The 0.2 percent gain pushed t...
Dow Jones average set new intraday
NEW YORK, Oct. 1 (Xinhua) -- Wall Street surged Monday with the Dow Jones average setting new intraday high above 14,000. As of 1 p.m. local time, the Dow Jones Industrial Average was up 142.74 points to 14,038.37, toppling the previous rec...
EU launches antitrust investigation against U.S. chipmaker Q
BRUSSELS, Oct. 1 (Xinhua) -- The European Commission on Monday launched an antitrust investigation into U.S. chipmaker Qualcomm for suspected exploitative practices of its patent rights. The European Union's antitrust watchdog said the inve...
Five U.S. airlines win flight routes to China
BEIJING, Sept. 27 -- Several United States carriers have won permission by the U.S. Department of Transportation to start new flights to China after the two countries signed an agreement to open up the skies, the companies said yesterday. C...