U.S. Stocks Rise as Dow Snaps Six-Week Drop on Greece, Economy

U.S. stocks rose, snapping a six- week drop for the Dow Jones Industrial Average, as European leaders moved closer to a compromise on a Greek bailout and an index of leading American economic indicators beat estimates.

See Full Article

Source: BusinessWeek

Tharman warns of sluggish global economy
Singaporeans should brace themselves for the impact of a sluggish global economy in the coming months, said Deputy Prime Minister Tharman Shanmugaratnam yesterday. But the fundamentals of the local...
Bernanke: Fed ready if economy worsens
WASHINGTON — Federal Reserve Chairman Ben Bernanke told lawmakers Wednesday the Fed is ready to act if the economy gets weaker. He warned them that allowing the nation to default on its debt would...
Socialist Candidate Calls For Banks To Finance Jobs, Help Economy
Socialist Candidate Calls For Banks To Finance Jobs, Help Economy
Obama turns to small-scale solutions to a weak economy
The White House, threatened by the high unemployment rate, proposes free-trade agreements and more spending on high-speed rail in the absence of more ambitious tools, such as stimulus spending. As White...
Susan Tompor: If U.S. economy is recovering, where are the jobs?
Two years into the U.S. economic recovery and way too many of us are still asking: When's payday? Hiring is miserable -- the U.S. economy cranked out only 18,000 net jobs in June. The U.S. jobless rate...
U.S. Stocks Surge Most Since July 2009 on Greece, Manufacturing Report
U.S. stocks posted the biggest weekly rally in two years, with the Dow Jones Industrial Average rising 648 points, after Greece took action to avoid a default, Nike Inc. (NKE) ’s earnings topped analyst...
Ex-PM on trial for Iceland bank fall says he saved economy
(REYKJAVIK ) - Iceland's former prime minister Geir Haarde, facing trial over the country's 2008 financial meltdown, describes the case as a farce, insisting he actually helped rescue the economy from...