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Iowa ‘Straw Poll’ a Test for US Republican Presidential Candidates

Posted August 13th, 2011 at 1:30 pm (UTC-5)
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Republican presidential contenders in the U.S. seeking to challenge President Barack Obama in the 2012 election face a highly anticipated test vote Saturday in Iowa. The Iowa Republican party calls it a “straw poll,” a mock election with no official standing. But the balloting in the city of Ames is seen as a key test […]

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Iowa ‘Straw Poll’ a Test for US Republican Presidential Candidates

Posted August 13th, 2011 at 11:05 am (UTC-5)
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Republican presidential contenders in the U.S. seeking to challenge President Barack Obama in the 2012 election face a highly anticipated test vote Saturday in Iowa. The Iowa Republican party calls it a “straw poll,” a mock election with no official standing. But the balloting in the city of Ames is seen as a key test […]

Tags: , , , , Posted in Americas

Obama to Congress: Set Aside Politics, Boost Jobs

Posted August 13th, 2011 at 8:40 am (UTC-5)
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President Barack Obama says it is time for members of Congress to put aside political brinksmanship in order to boost the United States’ sluggish economic recovery and create more jobs. During his weekly address Saturday, Mr. Obama said too many Americans are struggling to get by. He said Congress should extend payroll tax cuts that […]

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US Stocks Advance in Midday Trading Friday

Posted August 12th, 2011 at 1:15 pm (UTC-5)
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U.S. stock indexes advanced in midday trading Friday, following major gains on European markets. The Dow Jones Industrial Average is ahead 1.2 percent, with the S & P 500 index up seven-tenths of a percent and the NASDAQ by six-tenths of one percent. In London, the Financial Times 100 index ended up 3 percent to […]

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European Stocks Soar Friday, with US Markets Also Advancing

Posted August 12th, 2011 at 12:55 pm (UTC-5)
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European stock indexes soared on Friday for the second straight day, with U.S. markets also advancing, but not by as much at the end of a volatile week at exchanges throughout the world. Share prices at exchanges in Britain, France and Germany all closed up by more than 3 percent, regaining most of this week’s […]

Tags: , , , Posted in Economy

US Retail Sales Advance, but Consumer Confidence Wanes

Posted August 12th, 2011 at 12:20 pm (UTC-5)
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New reports in the United States give a mixed view of the national economy, with retail sales increasing last month, even as consumer confidence plunged to a 31-year low. The government’s Commerce Department said Friday that retail sales, a key barometer of the country’s economic health, increased in July by the most in four months. […]

Tags: , , , Posted in Economy, US

US Stocks Advance Sharply in Midday Trading Thursday

Posted August 11th, 2011 at 12:30 pm (UTC-5)
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U.S. stock market indexes advanced sharply in midday trading Thursday, one day after a massive sell-off. The Dow Jones Industrial Average is ahead 2.6 percent, while the broader S & P 500 is up nearly 3 percent. The NASDAQ is ahead by 3.2 percent. Major European indexes closed markedly higher. London’s Financial Times index ended […]

Tags: , , , Posted in Economy

New US Jobless Claims Fall to Four-month Low

Posted August 11th, 2011 at 11:15 am (UTC-5)
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First-time claims for jobless benefits in the United States have fallen to a four-month low, an indication companies are laying off fewer workers. The U.S. government reported Thursday that 395,000 unemployed workers made their initial claim for financial assistance last week, a decline of 7,000 from the previous week. It was the fewest number of […]

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US Stocks Advance in Early Trading Thursday

Posted August 11th, 2011 at 9:55 am (UTC-5)
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U.S. stock market indexes advanced sharply in early trading Thursday, one day after a massive sell-off. The Dow Jones Industrial Average and the broader S & P 500 are both up 1.2 percent. The NASDAQ is ahead by 1.7 percent. Major European indexes also moved up. London’s Financial Times index and the DAX index in […]

Tags: , , , Posted in Economy

European, US Stocks Plunge Sharply on Wednesday

Posted August 10th, 2011 at 1:40 pm (UTC-5)
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European and U.S. stock indexes retreated sharply Wednesday, giving back big gains from the day before. In afternoon trading in the U.S., the Dow Jones Industrial Average was off 3.3 percent, with the broader S&P 500 down 3.1 percent. The NASDAQ fell 2.9 percent. European stock indexes ended lower on continued worries about the debt […]

Tags: , , , Posted in Economy

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