Aug 15, 2013

Google Alert - Business News

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Weekly applications for US unemployment benefits drop to 6-year low of 320K ... Washington Post
WASHINGTON — The number of Americans seeking unemployment benefits dropped 15,000 last week to a seasonally adjusted 320,000, the fewest since October 2007 — a sign of dwindling layoffs and steady if modest job growth. The Labor Department ...
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Demand for physical gold surges in second quarter CNBC.com
Global consumers aggressively ramped up purchases of physical gold in the April-June period, led by opportunistic buyers in emerging markets at a time when the precious metal suffered a record quarterly loss, the World Gold Council (WGC) said on ...
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Dollar, Asian stocks slip as markets seek Fed clarity Reuters
By Lisa Twaronite. TOKYO | Thu Aug 15, 2013 2:32am EDT. TOKYO (Reuters) - Asian stocks fell on Thursday and the dollar slipped as uncertainty over when the U.S. Federal Reserve will start to pare back its stimulus offset a brighter economic picture in ...
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Quake Shakes Central New Zealand; No Injuries Seen ABC News
A strong earthquake shook central New Zealand on Friday, disrupting traffic and sending office workers scrambling for cover in the capital. Some buildings in Wellington were evacuated, and items were knocked off shelves in places. Police were trying to verify ...
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Jobless Claims in US Decline to Lowest Level Since 2007 Bloomberg
Employers fired the fewest workers last week since before the recession began almost six years ago, raising expectations that bigger job gains will soon give U.S. consumers the ability to boost spending. The number of claims for jobless benefits dropped by ...
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Singh Says Slow Economic Growth Phase in India Won't Last Long Bloomberg
India's slow economic growth will not last long as the government removes hurdles for stalled projects, eases foreign ownership rules and starts work on new ports and rail lines, Prime Minister Manmohan Singh said. "Economic growth has slowed down at ...
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Egypt clashes raise energy fears BBC News
Egypt has declared a month-long state of emergency after more than 200 people were killed in violent clashes. Clashes had spread as far as the province of Suez, which holds one of the world's most important waterways. Concerns are rising that further ...
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Southern California home market cools; prices remain flat Los Angeles Times
The red-hot Southern California housing market finally got a dose of cold water. The region's median home price in July remained flat from a month earlier, at $385,000, real estate firm DataQuick said Wednesday. The figures followed a record-setting June, ...
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Asian shares down as debate on Fed tapering picks up Reuters India
By Hideyuki Sano. TOKYO | Fri Aug 16, 2013 6:37am IST. TOKYO (Reuters) - Asian stocks were weaker, gold was at two-month highs, the dollar was nursing losses and Treasury yields were at two-year highs as traders debated what differing signals meant ...
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Apple becomes hedge fund target, Soros doubles stake USA TODAY
SHARE 99 CONNECT 38 TWEET 18 COMMENTEMAILMORE. LOS ANGELES -- Well-known investor George Soros has nearly doubled the size of his investment in Apple, the latest sign how the struggling stock is drawing big bets from celebrity investors.
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