The Dow Jones Industrial Average rose above 15,000 for the first time Friday following a solid US jobs report. At 1429 GMT, the Dow reached 15,000.54, up 173.96, or 1.17 percent. The rise followed a US Labor Department report that showed the US economy added 165,000 jobs in April, well…
The Dow Jones Industrial Average reached a new five-year high Friday as investors looked past the risks to the economy of impending federal spending cuts and bid up equities. The Dow jumped 35.17 points (0.25 percent) to 14,089.66, less than 100 points from all-time high of 14,164.53 on October 9,…
NEW YORK — US stocks dropped more than two percent Friday, with the Dow turning negative for the year for the first time, after poor labor market figures showing a meager 69,000 jobs were added in May. That combined with dismal data on industry from the US, Europe, China and…
NEW YORK — US stocks surged higher Thursday helped by buoyant data on new jobless claims and housing starts, with the Dow reaching its highest level since May 2008. Positive signs for the US economy poured in, with the weekly report of new claims for unemployment benefits falling to their…
A U.S. push to legally access data generated by Europe’s electronic banking activity has been rebuffed by EU lawmakers in a vote of parliament, according to published reports. Though U.S. snoops have been allowed to access data through the Society for Worldwide Interbank Financial Telecommunication (Swift) since the beginning of…