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US stocks closed solidly higher today as investors hoped that interest rate cuts would help thaw credit and weighed data showing the economy shrank in the third quarter, but less than expected. The Dow Jones Industrial Average surged 191.96 points or ...
Read moreWall St holds momentum as stocks rise - News.com.au
NEW YORK, Oct 30 (Reuters) - The Federal Reserve launched its new commercial lending operation this week, although the data suggested private institutions had yet to follow through with money of their own. The Fed's new facility has effectively ...
Read moreUPDATE 1-Fed throws full weight into commercial lending - Reuters
NEW YORK (AP) _ Wall Street showed some welcome signs of stability Thursday, taking a downbeat gross domestic product report in stride and driving the Dow Jones industrial average up nearly 190 points in relatively calm trading. Even the last hour of ...
Read moreWall Street closes higher after GDP report in relatively calm trading ... - Allentown Morning Call
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/al?rnd=hwMdDGxTiv6DlG9ASYItRw%3D%3D. You can use this link on the day this article is ...
Read moreJapan September CPI, Tokyo October CPI Table Of Data - FXStreet.com
The federal government is mulling a sweeping plan that could help 3 million homeowners avoid foreclosures. A final deal had not been reached and negotiations could still fall apart, but government agencies were contemplating using $50 billion from ...
Read moreHousing market may get a boost - Herald Tribune
Investors turn to stocks and away from lower-risk debt * Expected debt supply adds to selling pressure * Data shows economy shrank by less than expected in Q3 (Adds analyst quote, updates prices) By Chris Reese NEW YORK, Oct 30 (Reuters) - U.S ...
Read moreTREASURIES-Bond prices hurt by appetite for stocks - Reuters
Frost & Sullivan says there is a shortage of systems integrators with the skills needed to implement unified communications in enterprises and training provider Dimension Data Learning Solutions reports a sharp uptake in people taking its UC courses ...
Read moreIT professionals: UC needs you! - Itwire.com
Motorola said it would shed 3,000 jobs, or slightly less than 5 percent of its work force, and delay a planned spinoff of its mobile devices unit as it spends 2009 trying to develop smartphones that will excite the public. The slow economy and waning ...
Read moreMotorola to cut 3,000 jobs and delay spinoff - International Herald Tribune
Oct. 30 (Bloomberg) -- U.S. stocks rose after the economy contracted less than forecast in the third quarter and investors speculated global interest-rate cuts will stem a further slump. Intel Corp. , Walt Disney Co. and JPMorgan Chase & Co. climbed ...
Read moreU.S. Stocks Gain on Better-Than-Estimated GDP Report, Rate Cuts - Bloomberg
NEW YORK (Reuters) - The U.S. economy contracted in the third quarter as the financial crisis raged, while Japan and Germany said they would spend billions of dollars to provide a cushion against a deep global recession. The spending measures would ...
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