Tag Archives: fueled
Home construction accelerated in March
U.S. builders broke ground in March on homes at the fastest pace in nearly five years, fueled by a surge in apartment construction. The gains show the housing market is gaining strength ahead of the spring-buying season. Continue reading
Wall Street posts worst day since November 7 on gold’s drop, Boston blasts
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks posted their worst day since November 7 on Monday as big declines in the price of gold, oil and other commodities fed a broad selloff in equities. Weaker-than-expected data from China sparked the initial decline, but selling accelerated late in the session as reports of two explosions in Boston near the finish line of the Boston Marathon unnerved investors Continue reading
Falling commodities give Dow worst day of the year
NEW YORK (AP) — Worries about an economic slowdown in China fueled a steep drop in commodity prices Monday, spooking investors and giving the stock market its worst day of the year. Continue reading
Stock market bull is feeding on corporate profits
Four years after pushing investors into one of the deepest financial holes in a century, the U.S. stock market is now powering ahead in one of the strongest bull markets in a half century.So it’s no surprise many investors are wondering how much longer it can last Continue reading
S&P says expects DOJ lawsuit over mortgage ratings
NEW YORK (AP) — Standard & Poor’s says the government plans to file a lawsuit alleging wrongdoing by the agency when it gave high ratings to mortgage-backed securities that later plunged in value and fueled the 2008 financial crisis. Continue reading
World stock markets up as Dow logs strong January
BANGKOK (AP) — World stock markets were mostly higher Friday, fueled by Wall Street’s overall sterling performance for January as investors waited for U.S. Continue reading
Dr. Arnie Klein — Michael Jackson Doctor Suspected of Obtaining Illegal Botox
Michael Jackson’s now-bankrupt former dermatologist Dr. Arnie Klein — who fueled the singer with mass quantities of dangerous drugs — has now been named in another sprawling drug controversy .. Continue reading
"Laughing" Chavez gives orders from Cuba: Venezuelan minister
CARACAS (Reuters) – Hugo Chavez is joking and giving instructions again, an ally said on Monday, in the latest positive comment from an official six weeks after the Venezuelan president's disappearance from public sight for cancer surgery in Cuba. Rumors earlier this month that Chavez was on life support have given way in the last few days to speculation that he may soon return to Venezuela. The more positive talk has been fueled by comments from officials that Chavez has been gradually improving from a grave post-operation situation. Continue reading
Insurance may soften blow of storm’s impact
The economic hit from Superstorm Sandy may have a big silver lining. It will be offset by the boost in spending that will accompany insurance-fueled clean-up and rebuilding efforts. Continue reading
