Gold Seen Flowing East by WGC as Refiners Recast Bars for Asia Bloomberg Gold demand in China, India and the Middle East surged in the 12 months to September while European sales contracted, underscoring a shift in the global bullion market from west to east, according to the World Gold Council. China's demand for jewelry, ... | |
Japanese shares lead Asia rally as Yellen effect holds sway Reuters SYDNEY (Reuters) - Asian share markets rallied on Friday as investors took comfort in the prospect of extended U.S. monetary stimulus, while a falling yen had Japanese stocks gunning for their biggest weekly increase in almost four years. The Nikkei . | |
Sales at Wal-Mart, Macy's hint at two consumer realities Washington Post When assessing how Americans are feeling about their economic well-being, there are a couple of powerful indicators to consider: Macy's and Wal-Mart. Although lots of other companies represent pieces of the economic picture, those two retailers sell a ... | |
Obama's call for insurers to extend canceled health plans splits state Los Angeles Times With 1 million Californians facing cancellation of their health insurance, state officials and the insurance industry were sharply divided over President Obama's call to let consumers extend their policies. And the state agency on the spot, California's health ... | |
Euro Recovery Wanes as Germany Slows and France Contracts Bloomberg Germany's economy lost momentum in the third quarter and France unexpectedly contracted, adding to evidence that the euro region's recovery is flagging. German GDP rose 0.3 percent from the three months through June, when it increased by 0.7 percent. | |
Stocks: Dow, S&P 500 set records again USA TODAY The Dow Jones industrial average and the S&P 500 set new closing highs for the second straight day as investors digested news on retail earnings and economic data on jobs, trade and productivity. Janet Yellen, the nominee to replace Ben Bernanke as Fed ... | |
French Economy Shrinks as Businesses Hold Off on Investment Bloomberg The French economy unexpectedly shrank in the third quarter as President Francois Hollande failed to revive corporate investment in the face of one of the world's heaviest tax burdens. Gross domestic product fell 0.1 percent in the three months through ... | |
Heinz closing 3 plants, cutting 1350 jobs USA TODAY H.J. Heinz is closing three plants in North America and cutting 1,350 jobs in an effort to operate more efficiently. The food maker said Thursday that it will close facilities in South Carolina, Idaho and Canada over the next six to eight months. Heinz will shift ... | |
McDonald's Acknowledges Service Has Suffered Wall Street Journal Jeff Stratton, president of McDonald's USA, said the chain introduced several new products and limited-time offers this year to give customers more variety. "The pace of product introduction in my opinion: too fast," he said Thursday afternoon at an investor ... | |
Chicago-area foreclosure filings rise in October Chicago Tribune Foreclosure filings in the Chicago area rose 30 percent in October from a month earlier but remained well below their year-ago level, RealtyTrac reported. In an area from Kenosha, Wis., to Northwest Indiana, 3,442 new foreclosure actions were filed last ... | |
Only 106185 Americans Opt To Select Obamacare In First Month Forbes In its first official release of detailed results of the signup for coverage on exchanges under the Affordable Care Act, the Obama administration said 106,185 Americans "selected plans from the marketplace." Official portrait of United States Health and ... United ... | |
LI, NY home values fall, but remain among nation's highest Newsday Long Island, like the nation, saw home ownership rates and median home values decline between 2007-09 and 2010-12, though the metropolitan New York area still had some of the highest median home values in the country, according to a U.S. Census ... | |
Jobless claims fall for fifth straight week USA TODAY WASHINGTON (AP) — The number of Americans applying for unemployment benefits slipped 2,000 last week to a seasonally adjusted 339,000, the fifth straight decline that shows businesses see little need to cut jobs. The Labor Department said Thursday ... | |
Asia Stocks Rise on Yellen as Yen Slips While Crude Gains Bloomberg Asian stocks climbed, with the regional index snapping a three-week slump led by shares in Korea and Japan, while the yen retreated on the outlook for continued U.S. economic stimulus. Oil and copper futures rose. The MSCI Asia Pacific Index added 0.5 ... | |
Health care signups: California outpaces US San Francisco Chronicle In the first month after the Affordable Care Act went into effect, Californians accounted for about a third of those who signed up nationwide, according to numbers released Wednesday. The rate of enrollment in the state-run health exchange also increased in ... | |
S&P 500 Climbs to Record as Macy's Jumps Amid Fed Bets Bloomberg U.S. stocks rose, sending benchmark indexes to records, as Macy's Inc. led a rally among retailers and investors speculated the Federal Reserve'sJanet Yellen will continue the central bank's stimulus policy as chairman. Macy's jumped 9.4 percent as ... | |
KKR and Google to Invest in Six US Solar Power Plants Wall Street Journal KKR & Co. and Google Inc. have struck a pact to invest about $400 million in six solar-power plants being built by Recurrent Energy LLC in California and Arizona, according to people familiar with the matter. The deal, which could be announced as soon as ... | |
BART Officials Say Glitch Found In Contract, Approval May Be In Doubt CBS Local A Bay Area Rapid Transit (BART) train pulls into the Colma station. (Justin Sullivan/Getty Images). Filed under. Local, News. Related tags. ATU Local 1555, BART, BART Board of Directors, BART Strike, Contract, SEIU Local 1021. OAKLAND (CBS SF) ... | |
State is on track with its health sign-ups Los Angeles Times In contrast to lackluster results so far in the troubled federal exchange, California said it remains on track to reach its enrollment goals by having signed up 131,000 people in private health insurance or Medicaid through the state's marketplace. California's first ... | |
Lockheed cuts just 20 jobs in Orlando simulation-training unit Orlando Sentinel As part of a downsizing that shed hundreds of jobs elsewhere, Lockheed Martin Corp. confirmed Wednesday that it has handed out pink slips to only 20 employees at its Orlando simulation and training operation. The local reductions affected jobs that include ... | |
10 Things to Know for Friday Houston Chronicle The immediate impact on consumers is unclear, though experts warn that reversing course could be difficult — and could cause prices to go up. 2. AID FINALLY REACHING TYPHOON VICTIMS. Massive bottlenecks blocking the distribution of international ... | |
Brussels launches inquiry into Germany's current account surplus Financial Times José Manuel Barroso has launched an inquiry into whether Germany's large current account surplus is harming the European economy, drawing Brussels into a heated debate over Berlin's role in global economic health. The European Commission president ... | |
U.S. stocks climb with Macy's; Dow and S&P 500 set record finishes CNBC.com CNBC's Bob Pisani looks at the day's market action including record highs for the Dow and S&P 500. U.S. stocks climbed on Wednesday, with the Dow and the S&P 500 finishing at records, as investors embraced consumer-discretionary shares after upbeat ... | |
Railroads Seek Tighter Tank-Car Safety Rules Wall Street Journal The nation's railroads are asking safety regulators to require that all existing tank cars that carry crude oil, ethanol and other flammable liquids be modified or upgraded to better withstand accidents or be "aggressively" phased out of service. They are stopping ... | |
Don't take out a fixed-rate mortgage MarketWatch If you're buying a home anytime soon, here's some contrarian advice: Don't take out a fixed-rate mortgage. If you do, you're likely to pay more than you need to. Instead, it often makes more sense to choose a floating-rate note, also known as an ... | |
With Vacationers Home, Airlines Boost on-Time Mark ABC News Airlines are doing a better job of staying on schedule now that fewer people are flying. The U.S. Department of Transportation said Wednesday that 83.8 percent of domestic flights arrived on time in September, slightly better than September 2012's 83.3 ... | |
What Wouldn't Warren Do? Forbes When people channel Warren Buffett, they take lessons from what he heeds: great companies, good prices, sustainable competitive advantage. They should also take lessons from what he ignores. Recently, I've returned to the early shareholder letters of ... | |
Under Armour Buys MapMyFitness for $150 Million Wall Street Journal Fitness apparel company Under Armour has purchased the social network and app maker MapMyFitness. Reason: wearable tech is huge and Under Armour wants in the game. WSJ's Ian sherr reports. Up Next ... | |
Shorts Maintain Advantage Trading Wal-Mart off Pre-Market Earnings Moves NASDAQ Wal-Mart ( WMT ) is due with its Q3 results in the pre-market on Thursday, Nov. 14, and analysts polled by Capital IQ expect the retailer to report a profit of $1.13 per share on revenue of $116.4 billion. In looking back at the long-term session-to-session ... | |
More aging Tennessee Valley Authority coal plants may be shuttered Chattanooga Times Free Press King Coal may soon be dethroned as the Tennessee Valley Authority's primary source of power. After stoking most of its power plants with coal for more than a half-century, TVA appears ready to shut down many of its oldest and least-efficient coal plants in the ... | |
Banks 'don't need further bailout' Irish Examiner No further bailout of the banks is needed at present, the Government has been advised by the Central Bank. Boucher: State will turn a profit from BoI shares. Bank of Ireland CEO Richie Boucher has hinted that the Government will soon sell its preference ... | |
Trade deficit shrinks by over 9pc The Nation ISLAMABAD - Pakistan's trade deficit has narrowed by over nine percent during the first four months (July to October) of the current fiscal year 2013-14 against the corresponding period of last year due to healthy growth in exports and minor decline in imports ... | |
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