Oil is trading lower for a third consecutive day on more concerns that the global economy will slowdown and reduce the demand for oil equivalents.
The U.S. and European economy has been a focal point for investors recently. Debt problems …
Posted in Commodities, Main Post
Tagged Analysts, banks, barrel, business, Central Bank, concerns, consumers, credit, debt, default, demand, downgraded, economists, economy, euro zone, European, Fed, Federal Reserve, global, Greece, greek bonds, interest rates, investors, Moody's, mortgages, Oil, Securities, slowdown, trading, Treasuries, U.S., WTI crude
The price of oil has dropped more than 2.5 percent during trading so far this Friday following a report released by the Labor Department that triggered more fears that the economy is heading towards another recession. The report showed that …
Posted in Commodities, Main Post
Tagged Analysts, august, barrel, data, demand, economy, Europe, exchange, investments, investors, Job, Labor Department, Marathon Oil, markets, MRO, New York Mercantile, NYSE:MRO, NYSE:PBR, NYSE:SU, Oil, oil and gas, oil futures, optimism, PBR, percentage losers, Petroleo Brasileiro, recession, sector, selloff, slowdown, SU, Suncor Energy, traders, trading, tumble, U.S., unemployment, workers
Shoppers in the United States did not hold back from dipping into their pockets in August despite the ongoing threat of a slow down in the economy.
The past month has proved just how volatile the markets are and that …
Posted in Latest Headlines, Services
Tagged analyst, august, back-to-school, company, economy, handbags, Hurrican Irene, Hurricane, Industries, Irene, J.C. Penney, JCP, JWN, key metric, luxury retailer, markets, mens clothing, Nordstrom, NYSE:JCP, NYSE:JWN, NYSE:SKS, performance, results, retailers, revenue, Saks, sales, sector, shoes, shoppeds, shoppers, SKS, slow down, store, trading, U.S., United States, volatile
The big question on Wall Street lately is, “Are we headed for a double dip recession?”. Recently U.S. Stock prices and treasury yields have collapsed, yet there’s no solid evidence that this alone will cause a double dip recession.
Posted in Economy, Latest Headlines, Main Post
Tagged crisis, debt, economy, eurozone, PIIGS, recession, s&p 500, Stoxx index, U.S., Wall Street
The U.S. dollar dropped against most other major currencies on friday following the released of a batch of mixed economical report. A retail by the U.S. government on Friday gave a glimmer of hope to investors and economists that the …
Posted in Forex, Latest Headlines
Tagged Analysts, brisitsh, Canadian Dollar, currency, Dow Jones, economists, euro, gasoline, government, investors, Pound, report, retail, sales, shopped, swiss franc, traders, U.S., vulnerable, Yen
Cotton crops have been hits with the worth drought in Texas in more than a hundred years, forcing farmers to shut up shop on more fields than ever before. Lucky for farmers they will likely break even on the year …
Posted in Commodities, Latest Headlines
Tagged abandoned, Abercrombie & Fitch, Aeorpostale, Analysts, ANF, ARO, claims, commodities, Cotton, crops, Department of Agriculture, drought, farmers, fields, futures, GPS, insurance, losses, NYSE, NYSE:ANF, NYSE:ARO, NYSE:GPS, prices, Texas, The Gap, U.S.