According to a UBS poll, investor optimism about the outlook for U.S. financial markets fell this month to the lowest since September 2005 after concern grew that the world's biggest economy is headed into a recession. The Index of Investor Optimism dropped to 44 in November from 70 last month. The Federal Reserve Bank of New York announced it will conduct a series of term repurchase agreements that will extend into the New Year "in response to heightened pressure in money markets for funding through the year-end." The first operation will be arranged and settle on Nov. 28th and mature on Jan. 10th next year for an amount of about $8 billion. There are news reports that Citigroup (C), the top U.S. bank by assets, is planning major job cuts over the coming months. No exact number had yet been set, though some jobs were already being eliminated but it is estimated that the cuts could total anywhere between 17,000 and 45,000. Prospective buyers of online brokerage E*Trade Financial...
Japan's central bank kept its benchmark interest rate unchanged at 0.5 percent after a two-day meeting policy meeting amid deepening concerns about slower growth in the U.S. economy. The...
Employers added more workers to payrolls in October, according to the government's closely watched jobs report that showed the labor market significantly stronger than Wall Street expectations....
A surge in exports in September helped push the U.S. trade deficit down to $56.5 billion, the lowest in more than two years. U.S. exports rose 1.1% to a record $140.1 billion on record shipments of...
The productivity of the U.S. non-farm workplace jumped at an annual rate of 4.9% in the third quarter, the fastest growth in four years. Unit labor costs, a key gauge of inflationary pressures from...
UTC DATE-TIME y/m/d h:m:s LAT deg LON deg DEPTH km Region MAP 5.3 2008/08/08 07:32:53 -3.948 100.954 35.0 KEPULAUAN MENTAWAI REGION, INDONESIA MAP 6.0 2008/08/08 06:37:44...
UTC DATE-TIME y/m/d h:m:s LAT deg LON deg DEPTH km Region MAP 5.3 2008/07/19 23:19:59 -0.411 96.962 35.0 SOUTHWEST OF SUMATRA, INDONESIA MAP 6.4 2008/07/19 22:39:54 -17.134...
Apartment Fire Displaces Dozens, Apartment Fire Victim Was Stabbed First, Dallas Business Fire, Officer Nix Remembered, Amber Alert Suspect Still At Large, Animal Cruelty
Witnesses helped investigators compile a description of the suspect sought in the shooting deaths of five women at a suburban clothing store, according to officials who refused Monday to confirm...
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