Oil prices fall as unemployment rate hits 26-year high, sowing doubt about economy’s reboundOil prices tumbled Friday as unemployment hit a 26-year high, sowing more doubts about the strength of the economic recovery and crude demand. Unexpectedly steep September job losses send stocks lower, extending market’s slideNEW YORK — Stocks fell moderately Friday after the government reported that more jobs were lost in September than expected. Unexpectedly steep September job losses send stocks lower, extending market’s recent slideNEW YORK — Stocks dropped sharply early Friday after the government said more jobs were lost in September than expected. Stocks extend recent slide as September job losses rise more than expectedNEW YORK — Stocks are tumbling after the government said more jobs were lost in September than expected. Oil slides below $69 in European trade as weak US unemployment figures shake recovery hopesOil prices fell by more than $2 to below $69 a barrel Friday as disappointing U.S. unemployment figures reinforced doubts about the U.S. economic recovery, discouraging stock and crude investors. Stock futures set to lower open as employers shed more jobs than expectedThe stock market headed for a sharply lower open Friday after the government said more jobs were lost in September than expected. World Bank’s Zoellick warns of funding constraints by middle of next yearISTANBUL — World Bank president Robert Zoellick warned Friday that the international lender could find money running tight within a year if crisis-driven demands on its funding keep up at their record pace and the richer countries fail to stump up more cash. Stock futures point to a lower open as investors await key unemployment dataStocks headed toward a lower open Friday as investors await the government’s September jobs report. Oil slides below $70 in Asia as investors eye weak US economic dataOil prices slid below $70 a barrel Friday as signs of a sluggish U.S. economic recovery discouraged stock and crude investors. World markets slide as investors worry about US economy and brace for key jobs report
Asian markets fall sharply after Wall Street tumble on weak economic data; Tokyo off 2.5 pctHONG KONG — Asian markets fell sharply Friday as weaker-than-expected reports about U.S. jobs and manufacturing heightened worries about an anemic recovery in the world’s largest economy. Asian markets fell sharply after Wall Street tumble on weak economic data; Tokoy off 2.5 pctHONG KONG — Asian markets fell sharply Friday as weaker-than-expected reports about U.S. jobs and manufacturing heightened worries about an anemic recovery in the world’s largest economy. Oil falls to near $70 in Asia as investors eye weak US economic dataSINGAPORE — Oil prices fell to near $70 a barrel Friday in Asia as signs of a sluggish U.S. economic recovery discouraged stock and crude investors. Global recession has boosted jobless lines worldwide, but data shows marked differencesPARIS — Unemployment is rising around the world as the recession leaves few corners untouched — but sharp differences remain between companies directly hit by financial or housing-market collapses and those that have deliberately protected jobs with expensive measures — including subsidizing shorter working weeks. CIT Group seeks to restructure in debt swap or through prepackaged plan in bankruptcy courtNEW YORK — Struggling CIT Group Inc. has launched a debt restructuring effort it hopes will trim at least $5.7 billion from its balance sheet, but also is asking bondholders to approve a prepackaged reorganization plan in case it is forced to file for Chapter 11 bankruptcy protection. Bar brawl study, bra that converts into gas masks among winners of the 2009 Ig Nobel awardsBOSTON — Can’t get milk from a cow? Try calling her Bessie or Buttercup. Investors seek safe haven of the dollar on disappointing manufacturing, employment dataNEW YORK — Investors fled to the safe haven of the dollar Thursday as unsettling reports on manufacturing and the labor market overshadowed good news on housing and consumer spending. Commodities prices suffer as investors move more money into safe assets like the dollarNEW YORK — Commodities prices fell broadly Thursday as investors abandoned risky assets and fled for the safety of the dollar and government debt. Banks reduce borrowing from Federal Reserve’s emergency lending programsWASHINGTON — Banks reduced their borrowing from the Federal Reserve’s emergency lending facility over the past week, and cut back on their use of other programs designed to ease the financial crisis. Stocks tumble on disappointing reports on manufacturing, unemployment; Dow slides 203 pointsNEW YORK — Stocks began the fourth quarter with their worst drop in three months after reports on the job market and manufacturing reawakened investors’ pessimism about the economy. Troubled W.Va. bank agrees to greater scrutiny by regulatorsCHARLESTON, W.Va. — The parent company of Summit Community Bank says it has agreed to closer government scrutiny and been ordered to suspend dividends. NY comptroller blames mismanagement for East Hampton budget woesEAST HAMPTON, N.Y. — A New York state audit of finances in a town filled with millionaires blames fiscal mismanagement for a deficit that required $15 million in bonding to cover budget shortfalls. Stocks tumble after disappointing report on manufacturing, job market overshadow upbeat newsNEW YORK — Stocks began the fourth quarter with a slide as pessimism about the economy gripped investors. Government reports US is storing more natural gas than ever; prices tumble more than 7 percentNEW YORK — Natural gas prices tumbled nearly 8 percent Thursday after the government reported consumption has dropped so low that the U.S. is now storing more than at any other time on record. European Central Bank says eurozone economy stimulus should end in 2011 at the latestGOTEBORG, Sweden — The head of the European Central Bank said Thursday that the 16 countries that use the euro should withdraw stimulus programs and start repaying mounting public debt by 2011 at the latest. Stocks fall further after disappointing report on manufacturing overshadows rise in home salesNEW YORK — Stocks began the fourth quarter on a down note Thursday, falling sharply amid more signs that the economy’s recovery will be slow and bumpy. Stocks slip after mixed personal income and spending data, disappointing weekly job claimsNEW YORK — Stocks retreated in early trading Thursday after two government reports suggested the economy is still poised for a slow recovery. Oil falls to near $70 in European afternooon trade amid mixed US crude inventory dataOil prices fell to near $70 a barrel Thursday after surging overnight on signs U.S. gasoline demand may be improving. Weaker equity markets and gains by the dollar helped push down oil prices. Stock futures remain weak after mixed personal income, weekly jobs dataThe stock market headed toward a lower open Thursday after two government reports suggested the economy is still poised for a slow recovery. Stock futures head lower ahead of manufacturing, personal income data; corporate news weighsThe stock market headed toward a lower open Thursday as investors warily await a flood of key economic data. |
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World markets slide ahead of key US jobs report
