Written by The dollar dropped against the euro and yen Friday after disappointing U.S. jobs data sparked fresh worry over the pace of the economic recovery. READ MORE »
Posts tagged financial market
PRECIOUS METALS: Gold Hits Record Above $1,280 Ahead Of FOMC
Gold futures Monday settled at their third consecutive record high on speculation about further stimulative U.S. government action ahead of Tuesday’s meeting of the Federal Reserve’s rate-setting committee. READ MORE »
Recessions and Recoveries Are Not All the Same
In the old days — before 1990 — American recessions tended to be fairly sharp. But the recoveries, when they came, were also rapid. Laid-off workers were recalled and consumers who had deferred purchases out of fear they might lose their jobs were willing again to buy cars and homes. READ MORE »
Asian Shares Rise; Tokyo Stocks Get Lift From Tankan Survey
Asian stock markets were higher Wednesday, with Japanese stocks lifted by a better-than-expected business sentiment survey. READ MORE »
US Stocks Slip As Investors Retreat After Sept. Surge
U.S. stocks slipped Thursday, ending the market’s strongest September in 71 years on a down note. READ MORE »