In US economic data: personal spending +0.2%, income +0.2%; durable goods orders +0.4%; weekly jobless claims +21,000 to 313,000; Chicago purchasing manager's index down from 66.2 to 60.8; pending home sales down 1.1%; new home sales +0.7%; consumer sentiment down from 89.4 to 88.8; weekly mortgage market index down 4.3% with purchases down 5.8%.
Falling oil prices may be something to cheer about for the importing countries, but is a cause for concern for the oil producing countries.
Australian shares made up for yesterday's modest 0.5 per cent tumble in full with the ASX 200 surging at the close to end 1.1 firmer. It continues to be a volatile affair for local stocks this week with shares up 1.1 per cent on Monday prior to Tuesday's falls.
The market volatility that has been a recent staple for local shares continued on Wednesday. The ASX 200 opened with a gain of 4 points before rallying to an improvement of 56 points at the morning highs. Thereafter the index consolidated within sight of the best levels of the day. The early improvements locally came despite flat results for European and US indices in the last 12 hours. European shares rose on Tuesday but gains in bank stocks were offset by weakness in resources. The FTSEurofirs...
A potential merger between Rio Tinto (ASX: RIO) and Glencore (LON: GLEN) could create the world's biggest mining company and dislodge BHP Billiton (ASX: BHP) from the top, a London expert said.
Gatineau, Vancouver, Calgary, Mississauga and Ottawa will be seeing stores of Quebec-based fashion retailer Simons very soon.
The gender gap in salaries in Australia just got wider. The latest report by the Workplace Gender Equality Agency (WGEA) said the difference grew to 24.7 percent from 19.9 percent. The gap is felt more among women executives who get lesser discretionary pay such as bonuses, allowances, overtime and other perks when compared to their male counterparts.
Perhaps it's time to lay off your phone -- it's getting unhealthy.
A report by the McKinsey Global Institute shows that the international cost of obesity is almost as bad as smoking or armed violence.
In US economic data the consumer confidence index fell from 94.1 to 88.7 in November, well short of forecasts centred on a reading near 96.0. The Case Shiller home price index rose by 0.3% in September to be up 4.9% over the year. The US economy grew at a 3.9% annual pace in the September quarter, up from the 3.3% consensus forecast.
The AUD lost over 1% in overnight trade as the commodity free fall began to bite into the risk currency
Kohl’s has announced its Black Friday 2014 online deals which offer massive savings on products including “Frozen” items, clothes, shoes, appliances, toys and electronics.
Target has unveiled its two-page Early Black Friday 2014 sale ad for Wednesday, Nov. 26, 2014, which includes discounts on Fisher Price toys and several DVDs.
Australia may soon allow back on its flights small scissors, tools and metal cutlery.
The Australian market is having its worst day in close to six weeks with mining and energy stocks wiping out most of Monday's gains. The ASX 200 Index is down 0.9 per cent and remains just above the key 5300pt level. Local shares surged by 1.1 per cent yesterday following the surprise interest rate cuts in China.
What you're doing might be costing you your chances at your dream job.
Further record prints for the US markets overnight as stimulus from three of the four largest central banks, coupled with solid state specific economy data, allowed investors to keep the long auto-pilot on.
Vogue's Anna Wintour is said to be not pleased with new 1 WTC offices as they are infested in rodents.
Although BHP Billiton (ASX BHP) set aside in 2012 its ambitious plan for a $30 billion open pit expansion of its giant copper-uranium-gold deposit in Olympic Dam in South Australia, the giant miner unveiled on Monday its new plans for the site.
There is no stopping Australia's richest person, Gina Rinehart, from further expanding her estimated $22 billion wealth. Reports said that the mining tycoon is constructing a $175 million cancer hospital in Darwin.
In US economic data the national activity index eased from +0.29 to +0.14 in October. The Markit services "flash" index eased from 57.1 to 56.3 in November. And the Dallas Federal Reserve index was steady at +10.5 in November.
Home Depot is offering an earlier sale for Black Friday 2014 including amazing deals on appliances, decors and tools.
Australian shares have surged on Monday with the ASX 200 Index up 1.1 per cent and closing above 5350pts. A surprise rate cut by China's central bank on Friday has led the mining and energy producing companies higher. This follows five consecutive days of weakness from local shares; the worst week in Australia since June 2013.
Here's how much NBA's royalty is getting.
Here's how the richest manage their funds.
Nickolay Lamm, 26-year-old toy maker, has created a realistic doll called Lammily, with freckles, acne, scars and tattoos.
With Apple stock surpassing the $115 mark set by analysts before, many have revised their estimates with Morgan Stanley bullish at $150 per share.
Gina Rinehart is the richest person in Australia and would likely remain that way for a long time. One reason behind her wealth, aside from inheriting Hancock Prospecting established by her father, Lang Hancock, is her bucking business trends.
More Australians have joined the ranks of mining magnate Gina Rinehart as ultra-high net worth (UHNW) individuals, or people with net assets of at least $30 million.
The surprise of stimulus on Friday night saw a mass risk-on event for global risk equities.
