Stocks ended little changed Friday, as investors welcomed a report that showed a surprise rise in retail sales, but showed caution as the Dow, Nasdaq and S&P 500 lingered below 18-month highs.
The 30-year bond continued to rise Friday, carrying over from a successful $13 billion government auction the day before. Other Treasurys remained relatively flat as investors look ahead to statements from the Fed next week.
Oil prices fell Friday, as a preliminary consumer sentiment report came in worse than expected, overshadowing a rosy government retail sales report and a weaker dollar.
Private equity firm Kohlberg Kravis Roberts & Co files to list $2.2 billion worth of shares on the NYSE in a long-anticipated move to follow their rival, Blackstone Group.
A visitor poses for a photo with a Chinese worker in traditional costume at the Chinese pavilion during the International Tourism Bourse in Berlin, capital of Germany, March 12, 2010.(Xinhua/Luo Huanh...
March 13 (Bloomberg) -- European stocks rose for a second week, sending the Stoxx Europe 600 Index to the highest level in more than seven weeks, as concern eased that Greece will fail to contain the ...
March 13, 2010 By Germain Moyon New York - Wall Street stocks are set to build on nearly year-and-a-half highs as they face next week's key economic reports and the US Federal Reserve's monetary po...
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Yahoo! News: Economy News
Sat, 13 Mar 2010 06:32:23 GMT
Reuters - The United States should rethink domestic and global financial regulation, Lawrence Summers, director of the White House's National Economic Council, said on Friday, outlining six "imperatives."
AFP - Wall Street stocks are set to build on nearly year-and-a-half highs as they face next week's key economic reports and the US Federal Reserve's monetary policy meeting.
AP - A far-right faction of the Texas State Board of Education succeeded Friday in injecting conservative ideals into social studies, history and economics lessons that will be taught to millions of students for the next decade.
AFP - US President Barack Obama is strongly considering three candidates to fill vacancies at the Federal Reserve board, the White House said as he moves to revamp the central bank.
Reuters - Bankrupt Nortel Networks Corp on Friday posted a 62 percent drop in quarterly revenue, as customers cut spending in the face of uncertainty about its bankruptcy proceedings and the shaky economy.
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