German producer prices fall 7 percent on year in August due to cheaper energy pricesFRANKFURT — German producer prices fell 7 percent in August from a year earlier, hitting levels not seen since September 2007, the Federal Statistical Office said Friday. Oil falls below $72 by midday in Europe on worries over US economic recovery, large stockpilesOil prices weakened Friday, dampened by concerns that a recovery in U.S. demand may be slower than expected and as stockpiles of refined products continued to rise. Stock futures point to open as investors’ outlook for economic recovery wanesStock futures are pointing to a slightly higher open Friday, as investors hope to resume a recent rally after a slight pullback in the previous session. As deadline nears, first-time homebuyers and Congress face end to tax creditAs days tick off the calendar, the life span of the much-ballyhooed tax credit for first-time homebuyers is drawing to an end — unless Congress decides to extend it. Oil prices dip on new data suggesting an economic rebound may be slow to gain tractionNEW YORK — Oil prices edged lower on new government data that indicated a slow economic recovery. US households see wealth grow for first time in nearly 2 years as stocks, homes gain groundWASHINGTON — For the first time in two years, Americans actually got a little wealthier. Oil rises above $73 briefly on positive jobs and housing numbers; question of pace remainsNEW YORK — Oil prices briefly jumped above $73 a barrel Thursday after the government released jobs and housing data that suggested a slight economic recovery. Canada’s inflation rate below zero for third consecutive month in AugustTORONTO — Canada’s annual inflation rate remained firmly in negative territory in August for the third consecutive month as the relatively low cost of gasoline and energy continued to drag the index down. Stocks trade in narrow range at open after jobless claims dip, housing starts riseNEW YORK — Stocks are narrowly mixed in early trading amid reports that showed weekly jobless claims dipped unexpectedly and housing starts grew at a slightly slower pace than anticipated. New jobless claims drop unexpectedly to lowest level in 2 months as layoffs easeWASHINGTON — The number of newly laid-off workers seeking unemployment benefits fell last week to the lowest level since early July, evidence that job cuts are slowing. Stock futures point to mixed open ahead of reports on unemployment, housing startsNEW YORK — Stock futures traded in a narrow range Thursday amid reports that showed weekly jobless claims dipped unexpectedly and housing starts grew at a slightly slower pace than anticipated. Stock futures point to modestly higher open ahead of unemployment, housing dataNEW YORK — Stock futures are rising modestly Thursday as investors look to continue the market’s latest leg of the rally. Bank of Japan holds key interest rate unchanged at near-zero 0.1 percentTOKYO — The Bank of Japan upgraded its assessment of the world’s second-largest economy and held its key interest rate unchanged at a near-zero 0.1 percent Thursday as it tries to nurture a recovery. Unemployment claims expected to rise as jobs remain scarce; housing starts set to increaseWASHINGTON — The number of newly laid-off workers seeking unemployment benefits likely rose last week, evidence that jobs remain scarce. Gold prices near fresh record highs as dollar sinks; other metals, energy prices also riseNEW YORK — Another slump in the dollar is sending gold prices to near-record highs. Stocks extend rally to 3rd day following growth in industrial production; Dow jumps 108 pointsNEW YORK — Investors barreled into stocks Wednesday after an upbeat report on industrial production raised hopes that the economy is strengthening. Manufacturers lead early stages of recovery, outlook brightens for consumers as inflation muteWASHINGTON — Signaling that manufacturers are leading the economy into a recovery, output from the nation’s factories, mines and utilities posted widespread gains in August. Summary Box: Industrial production grows more than expected, inflation remains in checkMORE GROWTH, NO INFLATION: Government data show the nation’s factories, mines and utilities boosted production for the second straight month in August, the latest sign of an economic recovery. At the same time, inflation remains in check. Oil climbs on larger than expected draw from supplies; oil rises above $72Energy prices jumped sharply Wednesday on new indications of economic activity that could renew demand for oil, gasoline, and natural gas. Stocks edged higher on growth in industrial production; consumer inflation remains tameNEW YORK — Stocks picked up steam Wednesday as strength in industrial production gave investors new reason to wager that the economy is recovering. US industrial production better-than-expected in Aug., prices up a bit but inflation in checkWASHINGTON — U.S. factories made more cars, clothing and other goods than expected in August, and inflation remained in check in the early stages of a broad economic recovery. Stocks open higher on growth in industrial production, upbeat comments from BernankeNEW YORK — Stocks are higher in early trading as investors build further momentum amid fresh signs the global economy is recovering. Consumer prices rise slightly in August as weak economy keeps inflation in checkWASHINGTON — Consumer prices rose slightly in August due to higher gas prices, another sign the weak economy is keeping inflation in check. Inflation expected to have remained in check as weak economy limits prices increasesWASHINGTON — A report due out Wednesday is expected to show that inflation remained in check last month, as the weak economy prevents retailers and manufacturers from raising prices. Gold prices close above $1,000 for 3rd straight day; energy, grains also move higherNEW YORK — Gold prices bounded higher Tuesday, supported by a weaker dollar and a report showing a bigger-than-expected jump in inflation. Retail sales jump, but weak results at 2 big stores show spending isn’t back in forceWASHINGTON — Retail sales jumped in August by the largest amount in more than three years, but economists warn that as long as credit stays tight and jobs remain scarce, Americans probably aren’t ready to spend in force again. White paint index raises questions about durability of manufacturing recoveryWASHINGTON — The price of key ingredient in white paint is declining at a faster pace, signaling that a pickup in manufacturing activity could lose some steam. Treasury prices dip as investors move into stocks; new data shows potential for inflationNEW YORK — Treasury prices dipped Tuesday as investors moved into stocks after a stronger-than-expected report on retail sales. Stocks turn higher as retail sales jump by biggest amount in 3 years; manufacturing gainsNEW YORK — Better news on retail sales and manufacturing helped send stocks higher Tuesday, as did comments from Federal Reserve Chairman Ben Bernanke that the recession was probably over. Stocks zigzag in narrow range as investors sift through mixed signals on the economyNEW YORK — Stocks traded in a narrow range Tuesday as investors weighed mixed signals on the economy. |
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