29 Apr 2005 08:35 AM

Personal income rose 0.5% in March, according to the Commerce Department. Economists were expecting 0.4%. Personal consumer expdenditures rose 0.6%, econimists were expecting 0.4%. The March personal

29 Apr 2005 07:14 AM

NYSE chief executive John Thain stepped forward to support Goldman Sachs Group Inc.’s role in the proposed acquisition of Archipelago Holdings Inc. by the New York Stock Exchange. ``Several members have asked about the role played by Goldman Sachs and the potential for conflicts,’’ Thain

28 Apr 2005 09:44 AM

The U.S. GDP rose 3.1% in the first quarter, the slowest growth in two years, according to the Commerce Department

28 Apr 2005 09:09 AM

U.S. initial jobless claims rose 21,000 to 320,000 in the week ending April 23, according to the Labor Department. The four-week moving average of initial claims fell by 8,000 to 323,000.

28 Apr 2005 08:32 AM

An unemployment rate for Europe’s largest economy Germany fell for the first time in 15 months indicating slight activity in taking spring outdoor jobs. Germany’s unemployment rate fell by 79,000 to 4.89 million, the Nuremberg-based Federal Labor Agency said Thursday, showng a decline in jobless rate by 0.2% (from 12% to 11.8%). Economists

28 Apr 2005 05:27 AM

The Nikkei advanced 3.48 points to 11,008.90, the TOPIX index fell 0.03% to 1,129.93.

27 Apr 2005 10:51 AM

The Energy Department reported today that crude supplies rose 5.5 million barrels, the distillate inventories fell 1.4 million barrels, and the gasoline supplies declined 300,000 barrels.

27 Apr 2005 08:32 AM

U.S. durable goods tumbled 2.8% in March, the largest drop since September 2002, according to the Commerce Department. Economists were expecting orders to rise 0.3%.

27 Apr 2005 07:34 AM

The role of investment bank Goldman Sachs in the proposed purchase of electronic trading system Archipelago Holdings by the New York Stock Exchange continues to outrage the markets. Participants are pointing to the potential conflicts of interest that can arise from the fact that Goldman advised both sides of the deal

27 Apr 2005 06:31 AM

Japanesу shares closed lower for a second day on Wednesday due to falling of U.S.shares. The Nikkei fell 30.41 points, or 0.28%, to 11,005.42. The TOPIX index fell 0.09% to 1,130.30.

26 Apr 2005 06:29 PM

U.S. stocks ended lower on Tuesday. The Dow Jones Industrial fell 91 points to 10,152, the Nasdaq Composite declined 23 points to 1,928, the S&P 500 Index was down 10 points to 1,152.

26 Apr 2005 11:28 AM

Germany’s economy growth will be cut this year in half, according to Germany’s six leading economic institutes forecast.

26 Apr 2005 10:33 AM

U.S. consumer confidence fell to 97.7 in April, the third straight month of falling, according to the Conference Board. Economists were expecting 98. The present situation index fell to 113.6 from 117.0, the expectations index slipped to 87.2 from 93.7.

26 Apr 2005 08:47 AM

The former chief executive of Credit Suisse First Boston John Mack said Monday he was appointed to advise in the campaign launched by Kenneth Langone, a former NYSE director, aimed at counterbidding the Big Board. The New York Stock Exchange and Archipelago $4.7 billion (£2.5 billion) merger appeared to be the obstacle for some

25 Apr 2005 06:13 PM

Venture-capital investing has flattened out in the first quarter of 2005 in Washington State where Silicon Valley remains the focus of venture capitalist activity but analysts have an optimistic outlook. In