Markets
-
Greek euro exit would be a recipe for hardshipMay 25, 2012 2:41 pm - ATHENS, Greece — As Greece creaks under its untenable debt and a shrinking economy, the possibility that it could stop using the euro is becoming increasingly likely. Th...
-
Stocks fall on Wall Street as Spanish bank teetersMay 25, 2012 9:00 am - NEW YORK — Another flare-up in Europe's debt crisis knocked U.S. markets lower Friday. This time, it was more trouble at a major Spanish bank. Stock indexes were wafflin...
-
Asian stocks muted as Europe, China woes weighMay 25, 2012 6:44 am - BANGKOK — Asian stock markets struggled for firm footing Friday as investor nerves were tested by fizzling economic growth in China and the lack of a concrete plan to pu...
-
Oil prices hold near 2012 lowMay 25, 2012 6:00 am - NEW YORK — The price of oil held near the lowest levels of the year on a quiet Friday ahead of the holiday weekend. Benchmark U.S. crude on Friday added 20 cents to fini...
-
Oil slips to near $90 as growth prospects dimMay 24, 2012 11:28 pm - SINGAPORE — Oil slipped to near $90 a barrel Friday in Asia amid signs of sharply slowing economic growth in Europe and China. Benchmark oil for July delivery was down 3...
-
European stocks rebound from biggest drop in a monthMay 24, 2012 8:23 am - European stocks rebounded from the biggest drop in a month amid concern recent losses are overdone considering the outlook for company earnings. KBC Groep NV, Belgium’s ...
-
Markets swoon as anxiety about Europe takes holdMay 23, 2012 12:02 pm - Associated Press NEW YORK — The threat of a financial crisis spreading from Europe shook markets on Wednesday. The euro dropped to a nearly two-year low against the doll...
-
Oil drops a second day on iran agreement, rising u.S. stockpilesMay 23, 2012 6:37 am - Oil declined for a second day in New York after Iran agreed to grant access to United Nations nuclear inspectors and U.S. crude stockpiles increased. Futures slid as muc...
-
A late slide erases stock market gainsMay 22, 2012 5:00 pm - NEW YORK - Just how nervous are investors about Greece? All it took to derail a day of stock market gains was a headline saying that the country was preparing to leave t...
-
Stocks turn higher after housing reportMay 22, 2012 12:06 pm - NEW YORK — An encouraging report on the housing market nudged most stocks higher on Tuesday, while Facebook took another fall. The Dow Jones industrial average rose 36 p...