- OECD urges Italy to keep austerity as Rome balks AP - 6 minutes ago
- Highlights - Draghi comments at ECB news conference Reuters - 6 minutes ago
BRATISLAVA (Reuters) - The European Central Bank cut interest rates for the first time in 10 months on Thursday, driven to act by an economy wallowing in recession and freed to do so by sharply falling ...
- ECB cuts benchmark interest rate to 0.5 percent AP - 8 minutes ago
European Central Bank president Mario Draghi says the bank is working with other European institutions to find a way to get more credit to small and medium size companies — and spur a lagging economy. ...
- ECB meets under pressure to cut rates CNNMoney.com - 10 minutes ago
ECB meets under pressure to cut rates
- Wall Street set to open slightly higher on data, ECB cut Reuters - 13 minutes ago
By Angela Moon NEW YORK (Reuters) - Wall Street was set to open slightly higher Thursday as an interest rate cut from the European Central Bank and better-than-expected weekly jobless claims data in the ...
- Futures Gain After Jobless Claims, ECB Rate Cut @ CNBC - 15 minutes ago
U.S. stock index futures climbed Thursday as Wall Street cheered a better-than-expected jobless claims report and after the European Central Bank cut its key interest rate.
- Euro falls as ECB cuts key interest rate @ MarketWatch - 16 minutes ago
The euro slips ahead of a widely-expected decision by the European Central Bank to cut its key interest rate on the back of weak economic data.
- US STOCKS-Wall Street set to open slightly higher on data, ECB cut @ Reuters - 19 minutes ago
* ECB cuts rates to support flagging euro zone economy * U.S. jobless claims fall sharply to five-year low * Futures up: S&P 6.4 pts, Dow 76 pts, Nasdaq 12.50 pts By Angela Moon NEW YORK, May 2 (Reuters) ...
- How states fared on unemployment benefit claims AP - 19 minutes ago
The number of Americans seeking unemployment aid fell last week to seasonally adjusted 324,000, the lowest since January 2008. The drop points to fewer layoffs, but companies still need to ramp up hiring ...
- US jobless claims fall to 5-year low of 324K AP - 20 minutes ago
- Futures pointing higher after previous day's rout AP - 22 minutes ago
- Jobless claims fall to 5-year low CNNMoney.com - 23 minutes ago
Jobless claims fall to 5-year low
- It's Summers vs. Hubbard in Times profile @ MarketWatch - 23 minutes ago
Larry Summers takes on Glenn Hubbard in a magazine profile comparing two of the top politically connected economists.
- ECB cuts interest rates, looks to help smaller companies Reuters - 5 minutes ago
BRATISLAVA (Reuters) - The European Central Bank cut interest rates for the first time in 10 months on Thursday, promising to provide as much liquidity as euro zone banks need well into next year and to ...
- Europe’s future may rely on U.S. nat-gas reserves @ MarketWatch - 30 minutes ago
With the United States’ energy reserves continuing to rise through advanced fracking technology, the possibility that the U.S. becomes a significant trading partner to Europe, rather than Russia, may be ...
- EU's Van Rompuy urges pro-growth measures Reuters - 32 minutes ago
LISBON (Reuters) - European Union governments and institutions must take "immediate action" to promote growth and jobs creation as countries are tired of austerity, European Council President ...
- Brazil manufacturing recovery slows to a crawl in April -PMI @ Reuters - 32 minutes ago
* HSBC PMI at 50.8 in April, lowest reading in six months * PMI posts seventh straight monthly expansion * Export sales fall for first time since Nov By Asher Levine SAO PAULO, May 2 (Reuters) - Brazil's ...
- UPDATE 1-EU's Van Rompuy urges pro-growth measures @ Reuters - 33 minutes ago
LISBON, May 2 (Reuters) - European Union governments and institutions must take "immediate action" to promote growth and jobs creation as countries are tired of austerity, European Council President ...
- The Mild Depression: Downwardly Mobile Profits @ Motley Fool - 34 minutes ago
The Elephant in the room is real — and won't go away. In the western world, the economy has been down since 2007, and, presently, the economic world is in depression. There, I said it. No one wants to ...
- ECB cut rates because of weak economy, tame inflation - Draghi Reuters - 38 minutes ago
BRATISLAVA (Reuters) - Extended weak economic activity and tame inflation persuaded the European Central Bank to cut interest rates, ECB President Mario Draghi said on Thursday. In the past month, confidence ...
- Indonesia Struggles to End Fuel Subsidies @ New York Times - 40 minutes ago
President Susilo Bambang Yudhoyono said he would submit a revised 2013 budget in May that would include a fuel price increase, but would also revive a cash compensation program for poor families.
- US trade deficit falls to $38.8 billion in March AP - 43 minutes ago
The U.S. trade deficit narrowed in March for a second month as the daily flow of imported crude oil dropped to the lowest level in 17 years. The deficit with China hit a three-year low. The trade deficit ...
- CANADA FX-C$ strengthens after surprise domestic trade surplus @ Reuters - 47 minutes ago
TORONTO, May 2 (Reuters) - The Canadian dollar strengthened against the U.S. dollar early on Thursday after the domestic economy posted a surprise trade surplus. The currency firmed to C$1.0060 to the ...
- Jobless claims lowest since January 2008 @ MarketWatch - 49 minutes ago
The fewest Americans in more than five years made their first application for unemployment benefits last week, in news that could signal a sustainable improvement in the jobs market — or some seasonal ...
- Thursday Morning Cheat Sheet: 3 Stories Moving Markets @ Wall St. Cheat Sheet - 52 minutes ago
Stock futures advanced on Thursday morning. Here are three stories moving the markets and shaping Mr. Market's mood...
- U.S. trade gap narrows in March on weak imports @ Reuters - 1 hour 1 minute ago
WASHINGTON, May 2 (Reuters) - The U.S. trade deficit fell more than expected in March as imports recorded their biggest drop since 2009, the latest sign of slowing domestic demand. The Commerce Department ...
- US weekly unemployment aid applications fall to 324K, lowest in 5 years; sign of fewer layoffs AP - 1 hour 1 minute ago
US weekly unemployment aid applications fall to 324K, lowest in 5 years; sign of fewer layoffs.
- U.S. trade gap narrows sharply in March @ MarketWatch - 1 hour 1 minute ago
WASHINGTON (MarketWatch) -- The U.S. trade deficit narrowed unexpectedly by 11% in March to $38.3 billion, the Commerce Department said Thursday. The trade gap was below the consensus forecast of Wall ...
- Philippines gets second investment grade rating AP - 1 hour 2 minutes ago
MANILA, Philippines (AP) -- Standard & Poor's gave the Philippines an investment grade credit rating on Thursday in the second such boost to the country's standing this year. S&P said it raised its sovereign ...
- Jobless Claims in U.S. Unexpectedly Decline to Five-Year Low @ Bloomberg - 1 hour 2 minutes ago
The number of Americans filing claims for jobless benefits unexpectedly dropped last week to the lowest level in more than five years, indicating companies are retaining staff even as the economy cools....
- Trade Gap in U.S. Narrows More Than Forecast to $38.8 Billion @ Bloomberg - 1 hour 2 minutes ago
The U.S. trade deficit narrowed more than forecast in March to its second-lowest level in three years as imports of consumer goods and business equipment declined.
- Oil trades above $91, recovering from big drop AP - 1 hour 4 minutes ago
- UPDATE 5-Oil rebounds above $100 after sell-off Reuters - 1 hour 8 minutes ago
* China, India PMIs show factory-sector growth stumbling * U.S. crude stocks at record high, OPEC output rising * ECB cuts interest rates (Adds rate cut) By Alex Lawler LONDON, May 2 (Reuters) - Oil rose ...
- RBI sees 'very limited' room to ease policy Reuters - 1 hour 9 minutes ago
- The Softer Side Of Inflation Expectations @ Seeking Alpha - 1 hour 11 minutes ago
The Softer Side Of Inflation Expectations
- FOREX-Euro recovers after ECB delivers expected rate cut @ Reuters - 1 hour 11 minutes ago
* Euro rises after ECB delivers widely expected rate cut * Market awaits Draghi news conference at 1230 GMT * Euro quickly recovers from brief falls By Anooja Debnath LONDON, May 2 (Reuters) - The euro ...
- UPDATE 1-India central bank sees 'very limited' room to ease policy @ Reuters - 1 hour 11 minutes ago
(Adds comments) By Tony Munroe and Suvashree Dey Choudhury MUMBAI, May 2 (Reuters) - The Reserve Bank of India on Thursday warned of "very limited" space for further easing of monetary policy ...
- US STOCKS-Futures extend gains after ECB rate cut @ Reuters - 1 hour 13 minutes ago
* ECB cuts rates to support flagging euro zone economy * China, India PMIs show factory sector growth stumbling * International trade, jobless claims data on tap * Futures: S&P up 6.6 pts, Dow up 59 pts, ...
- Court hears UK taxman struck Goldman deal to save face Reuters - 1 hour 18 minutes ago
- ECB cuts interest rates, as expected, to support the worsening euro economy Quartz - 1 hour 27 minutes ago
The European Central Bank cut its target rate from 0.75% to 0.5%, in a long-demanded and widely expected move. That’s the first interest rate cut since July 2012. The central bank also surprisingly cut ...
- ECB cuts rates for first time in 10 months Reuters - 1 hour 35 minutes ago
- Central Bank Takes Step as Europe’s Downturn Drags On @ New York Times - 1 hour 36 minutes ago
The European Central Bank on Thursday cut its benchmark interest rate to a record low, a mostly symbolic move that is unlikely to jolt the Continent out of recession.
- UPDATE 1-Slovenia seeks bond cash to buy time, avoid bailout @ Reuters - 1 hour 44 minutes ago
LONDON, May 2 (Reuters) - Slovenia returned to international bond markets on Thursday in search of cash needed to recapitalise its banks and stave off a bailout, resuming a bond auction it had aborted ...
- ECB Cuts Key Interest Rate to Record Low as Recession Lingers @ Bloomberg - 1 hour 46 minutes ago
The European Central Bank cut its key interest rate to a record low as the 17-nation euro region struggles to emerge from recession.
- U.S. planned layoffs at lowest of the year in April: Challenger Reuters - 1 hour 46 minutes ago
- UPDATE 1-Oil rebounds above $100 after sell-off @ Reuters - 1 hour 46 minutes ago
* China, India PMIs show factory-sector growth stumbling * U.S. crude stocks at record high, OPEC output rising * Coming Up: ECB interest rate decision; 1145 GMT (Recasts with rising prices, adds quote) ...
- India central bank warns of 'very limited' room to ease policy @ Reuters - 2 hours 0 minutes ago
MUMBAI, May 2 (Reuters) - The Reserve Bank of India on Thursday warned of "very limited" space for further easing of monetary policy, striking a hawkish tone a day before it is widely expected ...
- ECB: To Cut Or Not To Cut, That Is The Question @ Seeking Alpha - 2 hours 3 minutes ago
ECB: To Cut Or Not To Cut, That Is The Question
- US STOCKS-Futures gain ahead of ECB rate decision @ Reuters - 2 hours 7 minutes ago
* ECB set for rate cut as inflation falls sharply * China, India PMIs show factory sector growth stumbling * International trade, jobless claims data on tap * Futures: S&P up 5 pts, Dow up 23 pts, Nasdaq ...
- Futures Jump as ECB Cuts Rates @ Fox Business - 2 hours 11 minutes ago
U.S. stock-index futures pointed higher after the European Central Bank sliced interest rates to historic lows in hopes of jump-starting the ailing eurozone economy.







