NEW YORK - Friday's stronger-than-expected payrolls report did more than ease concerns about U.S. economic fundamentals - it also seemed to justify Wall Street's record levels, suggesting the market's uptrend could continue.
- Boeing reports wing cracks on 787 Dreamliners in production
- U.S. job growth offers upbeat sign for weather-beaten economy |
- China February exports tumble unexpectedly
- Shanghai Exchange gets approval for trading platform in free-trade zone
- Scrutiny of Vivendi's SFR takeover could take nine months: regulator
Recent Business News
ATHENS - Greece and its international lenders will miss a self-imposed March 10 deadline to clinch a deal that will release the next tranche of the country's rescue loans, three senior Greek government sources said late on Friday.
NEW HAVEN, Connecticut - A federal jury on Friday found former Jefferies Group Inc trader Jesse Litvak guilty of defrauding clients on mortgage bond trades made after the financial crisis.
NEW YORK - Famed oil bull Andy Hall's hedge fund rose nearly 8 percent in February in its biggest monthly gain in 2-1/2 years, boosted by a rally in crude oil that could help Occidental Petroleum's chances of selling its stake in the fund.
- A whistleblower will be paid $63.9 million for providing tips that led to JPMorgan Chase & Co's agreement to pay $614 million and tighten oversight to resolve charges that it defrauded the government into insuring flawed home loans.
The FT's Michael Mackenzie reports that the amount of money borrowed on margin to buy stocks on the NYSE hit a new, nominal high of $451 billion. That's up 20% over last year, Mackenzie reports.
- Manufacturing and consumer spending edge up
- Is China’s red-hot housing market finally beginning to cool down?
- What we know about income inequaliy: America’s disappearing ‘middle-skill’ jobs and falling wages
- The end of the boom in emerging markets reserves
- Is the US labor market doing better than we think?
- US sees moderate manufacturing growth in January