Euro Slides Again; Wall Street Tumbles

By THE ASSOCIATED PRESS, New York Times
Tue, 05/04/2010 - 7:13am

European debt problems sent another wave of pessimism through the markets.

Sections: news business

US home sales rebound slightly in February
U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
Dollar rises above 100 yen for 1st time in 4 years
The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
Obama to open middle-class jobs, opportunity tour
Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
Retailers report modest gains for April
Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
US home building is surging, but job growth isn't
The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More

BING NEWS:

GLOBAL MARKETS-Wall St wavers, gold climbs, economic, geopolitical crosswinds
The 30-year bond last fell 21/32 in price to yield 4.7417%, from 4.699% late on Monday. The dollar firmed against a basket of world currencies as data affirmed the U.S. economy is on solid ground, ...
04/18/2024 - 8:04 am | View Link
Dow Jones falls in higher US yields, hawkish Fed comments
US equity markets remain positive despite strong macroeconomic data, hawkish comments from Fed’s Williams.
04/18/2024 - 7:14 am | View Link
Wall Street retreats on Nvidia sell-off, Dow Jones drops 46 points
A downturn in Nvidia and a continuation of Tuesday sell-off following Fed Chairman Jerome Powell gloomy outlook on inflation and the need for interest rates to stay high for longe ...
04/17/2024 - 9:18 am | View Link
Eurozone Industrial Output Ticked Up in February
By Ed Frankl Industrial production in the eurozone rebounded in February, driven by output increases in larger nations, a sign that some of the slump in ...
04/14/2024 - 10:00 pm | View Link
Yen Slides to Multi-Year Low Vs Dollar After U.S. CPI Data; Euro, Sterling Fall
The Japanese yen falls to its lowest level in 34 years against a resurgent U.S. dollar after U.S. inflation data came in higher than expected, calling into question prospects of the Federal ...
04/10/2024 - 12:07 pm | View Link
More