NEW YORK (Reuters) - S&P 500 stock index futures pared gains but recovered quickly on Thursday after a report showed new U.S. claims for unemployment benefits were unchanged last week, holding at the lowest level since the early days of the 2007-2009 recession.
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Stock futures higher after claims data
Posted by ReutersNews 89 days ago (http://feeds.reuters.com)Italy must rapidly implement, extend reforms: central bank
Posted by ReutersNews 93 days ago (http://feeds.reuters.com)
PARMA, Italy (Reuters) - Italy's central bank governor urged the government on Saturday to rapidly implement planned reforms and take further steps to support the euro zone's third-biggest economy, which he said would shrink by around 1.5 percent this year.
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China to crank up credit as lending, economy slow
Posted by ReutersNews 93 days ago (http://feeds.reuters.com)
SHANGHAI/BEIJING (Reuters) - China's central bank cut the amount of cash banks must hold in reserves on Saturday, boosting lending capacity by an estimated 350-400 billion yuan ($55.6-$63.5 billion) in a bid to crank up credit creation as the world's second-biggest economy faces a fifth successive quarter of slowing growth.
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Iceland's financial watchdog sacks director
Posted by ReutersNews 93 days ago (http://feeds.reuters.com)
REYKJAVIK (Reuters) - Iceland's Financial Surveillance Authority (FME) said on Saturday it had sacked director Gunnar Andersen following a report into his time as an executive at failed bank Landsbanki.
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China acts to crank up credit as lending, economy slow
Posted by ReutersNews 93 days ago (http://feeds.reuters.com)
SHANGHAI/BEIJING (Reuters) - China's central bank cut the amount of cash banks must hold in reserves on Saturday, boosting lending capacity by an estimated 350-400 billion yuan ($55.6-$63.5 billion) in a bid to crank up credit creation as the world's second-biggest economy faces a fifth successive quarter of slowing growth.
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Obama "hopeful" on payroll tax cut extension
Posted by ReutersNews 97 days ago (http://feeds.reuters.com)
WASHINGTON (Reuters) - President Barack Obama said on Tuesday he had seen "hopeful signs" that Congress would pass a payroll tax cut extension for the full year, as he kept pressure on lawmakers to take action he said was needed to keep the U.S. recovery on track.
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Fed could hike interest rates before late 2014: Reuters poll
Posted by ReutersNews 97 days ago (http://feeds.reuters.com)
WASHINGTON (Reuters) - There is a good chance the Federal Reserve will raise interest rates before the end of 2014, according to a Reuters poll which also showed a significant minority of economists still expect a further easing of monetary policy in coming months.
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Analysis: Greece heads for record books as economy slumps
Posted by ReutersNews 97 days ago (http://feeds.reuters.com)
LONDON (Reuters) - Entering the fifth year of recession, Greece is writing its name in the book of unwanted records for one of the deepest economic slumps of modern times.
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Retail sales point to underlying strength
Posted by ReutersNews 97 days ago (http://feeds.reuters.com)
WASHINGTON (Reuters) - Retail sales picked up last month after a sluggish December, providing a firm foundation for the economy's recovery.
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Shares finish flat in late rally on Greece
Posted by ReutersNews 97 days ago (http://feeds.reuters.com)
NEW YORK (Reuters) - Stocks erased losses to end little changed on Tuesday after a Greek government source said the conservative party leader was expected to deliver a letter of commitment to the country's international lenders.
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No sense in splitting Greek aid package: German finance minister
Posted by ReutersNews 93 days ago (http://feeds.reuters.com)
BERLIN (Reuters) - It would make no sense to split the second bailout programme for Greece, German Finance Minister Wolfgang Schaeuble was quoted as saying by the weekly Tagesspiegel am Sonntag.
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Boeing eyes stretched 787 plane with 320 passenger capacity
Posted by ReutersNews 99 days ago (http://feeds.reuters.com)
SINGAPORE (Reuters) - Boeing Co is considering introducing a stretched version of its new 787 family, which will enable it to carry 40 more passengers or a total of 320 people, Randy Tinseth, Vice President of Marketing for Boeing Commercial Airplanes said on Monday.
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Brazil "very likely" to choose French fighter jet: sources
Posted by ReutersNews 99 days ago (http://feeds.reuters.com)
SAO PAULO (Reuters) - Brazil is "very likely" to choose France's Rafale fighter jet to refurbish its air force, government sources say, a decision that would award one of the emerging-market world's most coveted defense contracts to a jet whose future was in doubt only two weeks ago.
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Exclusive: Mortgage problems? Turn your house into a billboard
Posted by ReutersNews 99 days ago (http://feeds.reuters.com)
BUENA PARK, California (Reuters) - When they saw the house on El Dorado Drive in this Los Angeles suburb being painted a startling orange and green and giant billboards hung on the outside, Scott and Beth Hostetler's neighbors were initially angry and confused. Some even considered calling the police.
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Analysis:China offshore yuan market booms even as yuan bets fade
Posted by ReutersNews 99 days ago (http://feeds.reuters.com)
HONG KONG (Reuters) - Three years after China launched its most ambitious experiment yet to give its currency more global clout, some market watchers are writing its epitaph, saying Beijing is not loosening its grip on the yuan fast enough to attract sustained interest.
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