Recovery Fears Shove Dow Below 12,000
Fears that the global economic recovery has stalled pushed the Dow Jones industrial average below 12,000 for the first time since March and drove the stock market lower for the... Read more »
Source: Albuquerque Journal
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U.S. stocks sink on debt fears; gold, dollar gain
SAN FRANCISCO (MarketWatch) -- U.S. stocks closed with broad losses Monday as investors transferred holdings into safe-havens such as the dollar and gold on concerns over U.S. debt levels and European...
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FBM KLCI slips below 1,560-level, banks weigh
KUALA LUMPUR: The FBM KLCI slipped below the 1,560-point level in early trade on Tuesday, July 19 as banking stocks...
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Jennifer Waters's Consumer Confidential: Consumers fear mobile banking but they shouldn’t
Consumers are quickly adopting smartphones, but they’re not using them for mobile banking.
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Shock US job figures threaten recovery hopes
US companies added just 18,000 jobs in June, the US Labor Department said, well below the consensus forecast of 90,000 to 120,000 US employers hired the fewest workers in nearly two years last month,...
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Italian markets hit by debt crisis contagion fears
MILAN —Italian financial markets slumped yesterday, with the spread between the 10-year bond yield and Germany’s benchmark hitting a new record, as investors worried the country may become engulfed...
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Romil Bahl: How I made a fortune in the recovery position
Procurement isn't a concept to get the pulse racing. But in a world of tightened purse strings, weeding out waste in the supply chain is near the top of many businesses' priorities for getting through...
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Bond Hunger Drives Fonterra Costs Below Banks: Australia Credit
Australia’s “hunger” for bonds outside the financial industry is rewarding companies with lower borrowing costs than the nation’s highest-rated banks.