Financial blog
September 9, 2011
U.S. stocks are falling, wiping out this week’s gains, after closely-watched speeches by Federal Reserve Chairman Ben Bernanke and President Barack Obama.
Bernanke said that weak […]
September 1, 2011
Builders cut back on spending by the largest amount in six months in July with sharp reductions in outlays for government building projects.
Construction spending fell […]
August 24, 2011
Stocks in Europe and the U.S. rose Wednesday after data showing a surge in demand for cars and planes in July offered an unexpectedly upbeat […]
August 19, 2011
Global stocks fell again Friday as fears of a possible U.S. recession combined with ongoing worries over Europe’s debt crisis, which is stoking acute fears […]
August 1, 2011
The debt deal rally lasted all of 30 minutes.
After gaining 139 points minutes after the market opened Monday, the Dow Jones industrial average sharply reversed […]
July 26, 2011
The Chinese government on Tuesday ordered a two-month, nationwide safety campaign for its railway system after a collision between two bullet trains killed at least […]
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July 16, 2011
A moderate earthquake with a magnitude of 5.5 has hit the Tokyo area. No damage was immediately reported and there was no danger of a […]
June 9, 2011
St. Louis-based Castle Contracting LLC hired Jim Phillips as its chief financial officer.
Phillips has been a top financial officer for construction companies for the past […]