The Federal Reserve on Wednesday voiced growing optimism on the U.S. economy as job losses slow, but repeated a vow to keep interest rates unusually low for "an extended period." In a
The dollar surged broadly and hit a three-month high against the euro on Thursday on short-covering ahead of the year-end, while Asian stocks and other risky assets inched lower. There was limited
Federal Reserve Chairman Ben Bernanke is likely to pass the first hurdle in winning Senate confirmation to serve another term on Thursday but will face unusually strong opposition as his nomination moves
Britain's FTSE index of leading shares will claw back more losses next year from the financial crisis as the economy makes a stuttering recovery and firms return to profit, a Reuters poll
The U.S. current account deficit widened as expected in the third quarter to $108 billion, largely driven by a big trade shortfall, a Commerce Department report showed on Wednesday. The deficit rose
The dollar eased from a 2-1/2 month high versus the euro on Wednesday, while global equities, gold and government bonds were steady as investors waited for more clues on when the Federal
Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 0.2 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures
General Electric Co expects to record flat profit across its big industrial units next year, as a sluggish global economy crimps sales for jet engines, electric turbines and other heavy equipment. The
Google Inc executives said the company experienced very strong growth in its display advertising business in the first three quarters of the year and it will continue to invest heavily in advertising
Abu Dhabi's $10 billion financial aid to fellow United Arab Emirates member Dubai to meet debt obligations was in the form of bonds, on similar terms to a $10 billion bond issue
