Archive for April, 2014

IMF says Russian economy already in recession

April 30th, 2014

IMF says Russian economy already in recession
The International Monetary Fund estimates that Russia's economy has already entered recession as fears of broad economic sanctions weigh on the economy. Russia's economy shrank 0.5 percent in the first …
Source
economy markets – Yahoo News Search Results

Wall Street ends up as Fed upbeat on economy

April 30th, 2014

Wall Street ends up as Fed upbeat on economy

Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) – U.S. stocks rose on Wednesday, with the Dow Jones industrial average ending at a new closing high, as the Federal Reserve gave an upbeat view of the economy's prospects as it announced another cut to its bond-buying program. The Dow Jones industrial average rose 45.47 points or 0.27 percent, to 16,580.84, the S&P 500 gained 5.62 points or 0.3 percent, to 1,883.95 and the Nasdaq Composite added 11.013 points or 0.27 percent, to 4,114.556. (Reporting by Angela Moon; Editing by Nick Zieminski)

Source
Economy News Headlines – Yahoo! News

EMERGING MARKETS-Brazil stocks fall with Ambev; mining shares drop

April 30th, 2014

EMERGING MARKETS-Brazil stocks fall with Ambev; mining shares drop
By Walter Brandimarte RIO DE JANEIRO, April 30 (Reuters) – Brazilian stocks mostly fell on Wednesday after a government decision to raise taxes on beer and sodas dragged down shares of beverage maker…


Source
Reuters: US Dollar Report

TSX ends higher after Yellen comments

April 30th, 2014

TSX ends higher after Yellen comments

Toronto Stock Exchange logo is seen in TorontoTORONTO (Reuters) – Canada's main stock index advanced on Wednesday after positive commentary on the U.S. economy by Federal Reserve Chair Janet Yellen helped reassure investors and drive broad gains. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 68.76 points, or 0.47 percent, at 14,651.87. Seven of the 10 main sectors on the index were higher. (Reporting by John Tilak; Editing by James Dalgleish)

Source
Economy News Headlines – Yahoo! News

Slow Growth For U.S. Economy, But Fed Plans Are Full Speed Ahead

April 30th, 2014

Slow Growth For U.S. Economy, But Fed Plans Are Full Speed Ahead

The economy slowed sharply in the first quarter, but Federal Reserve policymakers voted unanimously to continue winding down their stimulus program.

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Source
Economy

Facebook launches mobile ad network to vie with Google, Twitter

April 30th, 2014

Facebook launches mobile ad network to vie with Google, Twitter
SAN FRANCISCO, April 30 (Reuters) – Facebook Inc
rolled out a new service that it envisions will distribute ads
across a network of mobile applications, opening the door to a
new source of revenue for the Internet social network.
Source
Reuters: Media

How to give Grandma more than just a spare room

April 30th, 2014

How to give Grandma more than just a spare room
NEW YORK (Reuters) – When it came time for Tom Moser and his wife to consider having his 83-year-old father move in with them, a house with a special multigenerational floor plan solved their…


Source
Reuters: Money

GLOBAL MARKETS-Stocks rise on U.S. growth prospects; oil prices fall

April 30th, 2014

GLOBAL MARKETS-Stocks rise on U.S. growth prospects; oil prices fall
* Dollar falls after GDP data bolsters case for low rates


Source
Reuters: US Dollar Report

FOREX-Dollar slammed by weak U.S. growth data; Fed holds steady

April 30th, 2014

FOREX-Dollar slammed by weak U.S. growth data; Fed holds steady
* Euro zone inflation up in April, but less than forecast


Source
Reuters: US Dollar Report

GLOBAL MARKETS-Stocks rise on US growth prospects; oil prices fall

April 30th, 2014

GLOBAL MARKETS-Stocks rise on US growth prospects; oil prices fall
* Wall St slightly higher; weak GDP offsets strong jobs data


Source
Reuters: US Dollar Report