Chung Mong-hun, the leading South Korean businessman accused of secretly funnelling illegal cash to communist North Korea, committed suicide early on Monday morning, according to police in Seoul....
University of Michigan gauge rises to 90.9 in July, slightly above views and up from 89.7 in June. U.S. consumer sentiment improved slightly in July as the economy edged closer to a recovery and...
01/08/2003
The U.S. economy unexpectedly lost 44,000 jobs in July for a sixth straight decline, the government reported. The unemployment rate dropped to 6.2 percent as discouraged job-seekers left the work...
01/08/2003
Wall Street opened lower on Friday as employment data gave mixed messages to US investors, with payrolls falling unexpectedly, but also a larger fall in the unemployment rate than was expected. The...
01/08/2003
Growth rate of world's largest economy much stronger than Wall Street expectations. The pace of U.S. economic growth improved in the second quarter of 2003, the government said Thursday, coming in...
31/07/2003
U.S. stock-index futures were little changed before exchanges opened on expectations reports on manufacturing and growth in the second quarter may underpin the Federal Reserve's assertion the U.S....
31/07/2003
Demand for home loans drying up as mortgage rates continue to climb. A rise in interest rates dampened demand for home mortgage refinancings and loans for home purchases last week, an industry...
30/07/2003
Discussions at a WTO meeting here aimed at jump-starting stalled global trade talks centered Tuesday on what flexibility the United States and the European Union might show on farm subsidies, as...
30/07/2003
Stocks on Wall Street were expected to start higher on Wednesday, but in the abscence of fresh economic data ahead of the open, trade is likely to be thin as investors eye bond markets. The US...
30/07/2003
Treasury anticipates borrowing $104B from July to September to pay bills, cope with budget deficit. The Treasury Department said Monday that it expects to have to borrow about $104 billion from...
29/07/2003