European stocks are seen opening little changed on Tuesday, tracking mixed Asian cues as investors wait to hear what Fed Chairman Ben Bernanke will say on Wednesday when be briefs the media following the conclusion of the Fed's two-day policy meeting.
Bernanke may indicate that any reduction in...
Aircraft orders worth billions of dollars were announced at the 50th Paris International Airshow in Le Bourget, France, on Monday, with major manufacturers Boeing Co. (BA) and Airbus SAS announcing some of the major orders.
It's almost 200 years since Parkinson's disease was discovered, and yet there is no cure for this debilitating disease although some medications are capable of easing the symptoms. One of the hallmarks of this disease is the accumulation of a protein called "alpha-synuclein" within brain neurons. Here's some sweet news.
While lingering worries about the outlook for the Federal Reserve's stimulus program generated some selling pressure in afternoon trading on Monday, stocks managed to end the day mostly higher after seeing an early rally on the heels of some upbeat economic data. The major averages finished the session well off their best levels of the day but still posted strong gains.
With just over a week to go before a special election in Massachusetts, the results of a new Boston Globe poll show Rep. Ed Markey, D-Mass., with a double-digit lead over Republican businessman and former Navy SEAL Gabriel Gomez in the race to fill Secretary of State John Kerry's old Senate seat.
U.S. crude oil snapped a three-day gain to ended lower Monday, after having trended higher for most of the day amid concerns over supply disruptions following geopolitical tensions in the Middle East, as violence escalated in Syria. The downtrend in oil prices seem to have stemmed from unconfirmed news...
In an apparent backlash from the numerous scandals facing the administration, the results of a new CNN/ORC International survey released Monday showed a sharp drop in President Barack Obama's approval rating.
The poll found that 45 percent of Americans approve of the way Obama is handling his job as president, down from 53 percent in a poll conducted last month.
Gold futures settled lower Monday, as investors await the outcome of the two-day Federal Reserve's policy meet later this week and on some upbeat macroeconomic data from the U.S. with homebuilder confidence surging and a positive New York manufacturing sector index for June.
In some positive economic...
The Supreme Court ruled on Monday that Arizona cannot add a proof-of-citizenship requirement to standard voter-registration forms intended for nationwide use. USA Today reports that the Court ruled 7-2 against Arizona's proof of citizenship requirement.
After moving sharply higher in early trading, stocks have continued to perform well over the course of the trading day on Monday. The markets have benefited from a positive reaction to some better than expected economic data. The major averages have pulled back off their best levels of the day in recent trading but remain firmly positive.
Homebuilder confidence in the U.S. jumped much more than expected in the month of June, according to a report released by the National Association of Home Builders on Monday, with the group's homebuilder confidence index surging up to a seven-year high. The report said the NAHB/Wells Fargo Housing Market Index soared to 52 in June from 44 in May.
With traders reacting positively to some upbeat economic data, stocks have moved sharply higher in early trading on Monday. The major averages have climbed firmly into positive territory, recovering from the notable move to the downside that was seen last week. The major averages are currently posting strong gains, near their highs for the young session.
Healthcare giant Johnson & Johnson said Monday that it has agreed to acquire Aragon Pharmaceuticals, Inc., a privately-held company focused on drugs to treat hormonally-driven cancers, in a deal for up to $1 billion. The acquisition includes Aragon's lead product candidate, currently in mid-stage development for castration resistant prostate cancer or CRPC.
Conditions for New York manufacturers improved modestly in the month of June, according to a report released by the Federal Reserve Bank of New York on Monday, with the index of activity in the sector climbing into positive territory. The New York Fed said its general business conditions index rose to a positive 7.8 in June from a negative 1.4 in May.
After ending last week's trading notably lower, stocks may move back to the upside in early trading on Monday. The major index futures are currently pointing to a sharply higher open for the markets, with the Dow futures up by 111 points.