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Financial News Stories

World stocks extend slump on Wall Street sell-off

HONG KONG (AP) — World stock markets sank on Friday, with European benchmarks opening sharply lower after Wall Street’s sharp sell-off. Asian stock markets posted modest losses as strong reports on China’s economy countered some of the pessimism. KEEPING SCORE: … Continue reading

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World stocks fall, dollar up before U.S. jobs data

By Francesco Canepa LONDON (Reuters) – Global shares fell on Friday and the euro eased against the dollar, hit by weak euro zone manufacturing data and nerves ahead of a key U.S. jobs report. While encouraging for the global economy … Continue reading

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FTSE hit by falls at banks and miners

By Sudip Kar-Gupta LONDON (Reuters) – Britain’s top equity index fell to a three-week low on Friday, with banks and miners underperforming, as jitters ahead of U.S. data that could provide hints about the timing of a rate hike weighed … Continue reading

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Europe’s investment banks resilient in retreat

By Steve Slater LONDON (Reuters) – Europe’s investment banks are giving Wall Street a run for its money despite shrinking their trading arms more aggressively than U.S. rivals. Buoyant equity markets and a surge in corporate debt issues have caused … Continue reading

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Student starts global class action against Facebook

VIENNA (Reuters) – Austrian law student Max Schrems appealed to a billion Facebook users around the world on Friday to join a class-action lawsuit against Facebook’s alleged violations of its users’ privacy. Schrems, a thorn in Facebook’s side who has … Continue reading

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Healthcare.gov not fully ready for round two

Remember when HealthCare.gov was plagued with so many problems last fall that people could barely sign up? Well, after nearly a year of significant repair efforts pushing the website’s price tag to roughly $840 million, HealthCare.gov still “won’t be perfect” … Continue reading

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Solid US job gains expected for 6th straight month

WASHINGTON (AP) — With a host of reports this week pointing to a healthier U.S. economy, analysts expect Friday’s monthly jobs report to send a similar message. Economists predict that the government will say employers added 225,000 jobs in July, … Continue reading

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Why stocks could be in a lose-lose situation

The big jobs report – set to be released Friday morning – could be a lose-lose situation for stocks that already have had a rough week. If the jobs numbers are bad, that could dampen the market’s outlook and take … Continue reading

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Sony and Yum Brands are big market movers

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE 3D Systems Corp., down $5.94 to $50.13 The three-dimensional printing company reported a drop in quarterly … Continue reading

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Shares down as Wall Street tumbles; Dollar adds to monthly gain

By Angela Moon NEW YORK (Reuters) – Global equity markets tumbled on Thursday, hurt by ongoing tensions with Russia and Argentina’s second default in 12 years, while the U.S. dollar edged higher against a basket of major currencies for its … Continue reading

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Financial News

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