Written by Progressive Corp., the fourth- largest U.S. auto insurer, said profit fell 15 percent on investment writedowns. READ MORE »
Posts tagged stock market
Yen Rises to Seven-Week High Versus Euro on Outlook for Economic Slowdown
The yen rose to a seven-week high against the euro as signs the global economy is slowing boosted demand for Japan’s currency as a refuge. READ MORE »
Dollar Drops Against Major Rivals
The dollar fell sharply against major rivals Thursday as speculation mounted that the Federal Reserve could take further action to prop up the U.S. economy. READ MORE »
Gold Advances Most in Two Weeks on Haven Demand Amid Global Equity Slump
Gold futures rose the most in two weeks as slumping global equity markets boosted the appeal of bullion for investors seeking a haven. READ MORE »
US Stocks Move Between Gains And Losses As Uncertainty Weighs
U.S. stocks were oscillating between slight gains and losses Tuesday as investors tried to decipher competing data on positive U.S. retail sales and possible weakness in Europe’s biggest economy. READ MORE »