Fewer Americans applied for unemployment benefits over the past four weeks than at any time in almost 15 years, signaling underlying strength in the labor market even as hiring cooled last month.
David Roche, global strategist at Independent Strategy, says the minutes from the previous FOMC meeting contain no message about when the Fed could lift interest rates.
By Jonathan Kaminsky NEW ORLEANS (Reuters) – Robert Durst, the real estate scion awaiting extradition to California to face a murder charge, was due back in a Louisiana court on Thursday to face a new indictment on firearms offenses stemming from his arrest last month in New Orleans. Prosecutors in California have been seeking Durst’s return to Los Angeles County, where he stands accused of the December 2000 slaying of
NEW YORK (TheStreet) — Despite a dollar index that was rapidly heading south, the gold price traded flat into the London open on their Wednesday morning—and began to head south shortly after 12 o’clock noon BST. The selling pressure never let up from that point—and it got a final kick in the pants at the 2 p.m. EDT release of the Fed minutes—and for about an hour traded below the
Japan will promise to cut its greenhouse gas emissions by 20 percent from 2013 levels ahead of a global summit on climate change this year, a report said Thursday, despite uncertainty over post-Fukushima energy policy. The government will likely announce the new target at the Group of Seven (G7) summit in June in Germany, the leading business daily Nikkei reported, citing unnamed government sources. In a separate report, Kyodo News
[Marketwired] – Paramount Gold and Silver Corp. announced today that the previously announced agreement and plan of merger with Coeur Mining, Inc. is anticipated to become effective on April 17, 2015. The merger is subject …
By Jonathan Kaminsky NEW ORLEANS (Reuters) – Robert Durst, the real estate scion awaiting extradition to California to face a murder charge, was indicted on weapons charges in New Orleans on Wednesday, the Orleans Parish District Attorney’s Office said. Durst, recently featured in the HBO documentary “The Jinx: The Life and Deaths of Robert Durst,” has been charged with the 2000 murder of a longtime friend in Los Angeles County
U.S. stocks rose on Wednesday on merger activity in the healthcare sector even as energy stocks sold off after a large buildup in crude stockpiles sent oil futures reeling. Traders are keeping an eye out for the release of minutes from the Federal Open Market Committee’s March policy meeting, in which the Fed downgraded its economic growth and inflation projections while leaving the door open to raising rates in the