Economic News

Smithfield Profit Plunges on Drop in Exports; Clearwire Gives Dish’s Ergen a Nod in Billionaires’ Duel; U.S. Wholesale Prices Rise in May

Hog producer Smithfield Foods Inc (SFD.N), which recently accepted a $4.7- billion buyout offer from China's Shuanghui International,...

Daily Data Flow: U.S. Stocks Post Best Day Since January; Yen Soars; Consumers Open Wallets

Stocks gained today, giving the S&P 500 its biggest gain since early January, due to better-than-predicted economic data...

Daily Data Flow: Stocks Fall; Yen Jumps; New Math Makes it Easier to Lower Unemployment Rate

Stocks fell today, which sent the S&P lower for a second day, after Bank of Japan Governor Haruhiko...

Apple Set to Make Beautiful Music; Obama Administration Marches to the Same Economic Tune; Get Ready for the Run on Hyperbole in London

This week, Apple launches its second-biggest initiative ever in the music industry.

Daily Data Flow: Stocks Fluctuate; S&P Raises Credit Outlook; Dollar Rallies

Stocks vacillated between gains and losses today, following the biggest two-day gain the S&P had since January, after...

PowerTrend Brief: Bullish Sentiment Falls, CNBC Ratings Drop and Outflows Occur as the Market Pulls Back

Volatility has returned to the stock market in the past few weeks, you’ve probably noticed. One of the...

Daily Data Flow: Stocks Jump; Job Creation Continues; Dollar, Shares Rise

Stocks rose, erasing a weekly loss for the S&P 500, after today’s employment growth topped economists’ predictions.

Rising Unemployment Gives Fed Reason to Stay with Easy-Money Policies; Seek Profits in Eastern Europe; Is Gold about to Rise Again?

Investors should look at Eastern Europe for the next round of oversized profits, said Templeton Group’s Emerging Markets...

Daily Data Flow: Stocks Rise; Jobless Claims Fall; Euro Rises Against Dollar

Stocks rose today, erasing the S&P 500 Index’s earlier losses from a two-day losing streak, as investors weighed...

Daily Data Flow: Stocks Fall; Job Growth Sluggish; China’s Strength May Lead to Weakness; Fed States Economy Expands Moderately

Stocks fell, sending the S&P 500 to a one-month low, as jobs and factory data missed estimates and...