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Business 17 Jul 2006 | 12:00 AM

Zooming in on inflation

Following the hike in fuel prices, interest rates and more recently electricity rates, there has been growing concern about the return of the inflation spectre.

Business 30 Jul 2006 | 12:00 AM

Market closes week on a high

Despite the Middle East conflict, roiling oil prices and a sagging housing market, Wall Street closed out the week Friday on a high as traders betted the Federal Reserve would pause its rate hike cycle.

Business 05 Aug 2006 | 12:00 AM

U.S. July, unemployment rate rises to 4.8 percent

WASHINGTON (AP) - Hiring slowed in July as employers added just 113,000 new jobs, propelling the unemployment rate to a five-month high of 4.8 percent and providing fresh evidence that companies are growing cautious amid high energy prices. Wages grew solidly.

Business 24 Aug 2006 | 12:00 AM

The new monetary policy of US

THE new Federal Reserve chairman Ben Bernanke made a mess in his first few months. Whenever he speaks about US monetary policy, the US equity markets go into a tailspin. In such uncertain times, investors must surely be missing the reassuring wisdom of predecessor Alan Greenspan.

Business 27 Aug 2006 | 12:00 AM

Jitters as clouds darken

Wall Street's major indexes lost ground over the past week as traders fretted over US economic growth and turned their attention to the coming week's updates on personal spending and the job market.

Business 03 Sep 2006 | 12:00 AM

Job market boosts stocks

The major US stock indexes closed higher Friday as investors welcomed the latest snapshot on the country's job market which showed a better pace of hiring than most Wall Street analysts had expected.

Business 01 Oct 2006 | 12:00 AM

Stocks make a comeback

Wall Street kicks off a new month and quarter Monday after a surprisingly strong series of gains in recent weeks, but with conflicting signals about the economy from the stock and bond markets.

Business 29 Oct 2006 | 12:00 AM

Buoyant despite slowdown

The major US stock indexes ended slightly higher on the week Friday with the Dow Jones Industrials managing to stay above 12,000 points despite a report showing a surprise slowdown in US economic growth.

Business 03 Dec 2006 | 12:00 AM

Plagued by economic concerns

Wall Street's momentum turned negative over the past week as concerns mount about a US economic slowdown and retail sales ahead of the Christmas shopping season, analysts said.

Business 10 Apr 2007 | 12:00 AM

Wall Street ends little changed as investors weigh economy

NEW YORK (AP) - Wall Street ended an erratic session essentially flat Monday as investors grew anxious about upcoming first-quarter earnings and the possibility that interest rates will not be declining anytime soon. A $2 (euro1.50) drop in oil prices lent support to the major indexes.