European Stock Futures Sink as Voters Punish Austerity
European stock-index futures sank as Francois Hollande won the French presidency and Greek voters stripped the ruling coalition of its majority, igniting concern that the region is losing its appetite for austerity. Asian shares and U.S. futures dropped. Futures on the Euro Stoxx 50 Index expiring More...
U.S. Begins Next AIG Offering; Insurer May Buy $2 Billion
The U.S. government has begun its third offering of American International Group Inc. (AIG) stock, and the bailed-out insurer has said it plans to buy as much More...
Oil Falls to Lowest Since February Before U.S. Jobs Data
Oil fell below $100 a barrel for the first time since February as U.S. employers added fewer workers than forecast, stoking concern that demand won’t be More...
U.S. Payrolls Probably Picked Up
U.S. Payrolls Hiring in the U.S. probably picked up in April after the smallest gain in five months, showing the labor market may be regaining momentum, economists More...
Employers in U.S. Added Fewer Jobs Than Forecast in April
American employers added fewer workers than forecast in April and the jobless rate unexpectedly fell as people left the labor force, adding to concern the More...
Payroll Survey Signals U.S. Jobs Slowing as Orders Drop: Economy
Companies in the U.S. added fewer workers last month, according to data from a private survey, pointing to a cooling in the job market, as the Commerce Department More...
Chesapeake’s McClendon ‘Deeply Sorry,’ Promises Debt Plan
Chesapeake Energy Corp. (CHK) Chief Executive Officer Aubrey McClendon told investors he’s “deeply sorry” that his personal finances have come under More...