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October 23rd, 2012

US Corporate Earnings Shatter Investors’ Confidence: World Stocks Fall

(George Sterling) - On Tuesday, world stock markets dropped after United States corporate earnings shattered investors’ confidence. A week ago, investors were positive about the global economy, as well as the largest economy, but disappointing corporate earnings have worried investors yet again. Amongst the stocks that were affected globally included the FTSE 100 index of Britain, which dropped [...]

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September 24th, 2012

European Shares Tumble Amid High Uncertainty In Euro Zone

(George Sterling) - After the markets opened on Monday, European shares as well as the euro tumbled due to accelerating uncertainty in the euro zone. Last week, investors’ were optimistic after some of the biggest central banks announced plans of monetary expansion to boost the economy. However, after the market opened today, investors were more concerned about the [...]

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September 21st, 2012

European Shares Climb Up After Sell-Off

(George Sterling) - The euro, along with European shares climbed up on the last trading day of the week, Friday, following the sell-off. Additionally, oil prices also jumped and gained value after recently dropping to 1 ½ month low. Investors are feeling positive after some of the largest central banks revealed their plans of adding money in the [...]

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September 20th, 2012

Unemployment Claims Dropped To 382,000 Last Week

(George Sterling) - The number of U.S citizens seeking unemployment benefits dropped last week but only by a small margin, settling down to 382,000. The number hints hiring is still very weak. The four-week average level rose up for the fifth consecutive time, landing to 377,750, the highest it has ever reached in the last three months. The [...]

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