Industry

Yen benefits from falling oil prices; commodity currencies slide

The yen edged higher on Tuesday as a fall in oil prices dented risk appetite and prompted investors to trim short positions in the Japanese currency.


U.S. shale output still surges, to add 103,000 bpd by Jan-EIA

Oil production from the United States' biggest shale plays is poised to keep expanding at the same breakneck pace into early next year, according to new U.S. projections released on Monday that highlighted a slow response to tumbling prices.

Retirees' target date funds making hedge fund style bets

A fast-growing segment of U.S. retirement plans is using hedge-fund type strategies to bet a small but increasing slice of their assets.

U.S. holiday shopping discounts deepen, last longer

Amarilis Sinchi visited Macy's at a New Jersey mall on Black Friday, but she waited until this week to purchase the red fleece pajamas she had her eye on.


Latest News

British toymaker Hornby will sell model vehicles based on the new James Bond film, extending a tradition dating back half a century as the suave British agent returns to the screen.
The cost of lending gold returned to positive territory on Friday for the first time in over a month, capping a dramatic week-long recovery, as robust U.S. jobless data reinforced expectations of higher interest rates next year.
With crude oil prices hitting five-year lows, investors are scrambling to gauge the impact of the sharp drop in petroleum costs on companies beyond the energy sector.
U.S. employers added the largest number of workers in nearly three years in November and wage gains picked up, a sign of economic strength that could draw the Federal Reserve closer to raising interest rates.
A German entrepreneur has invented an in-home machine that quickly turns raw beans into a freshly brewed cup of coffee, racking up 5,000 pre-orders as consumers search for the perfect brew and retailers hunt for new ways tap the coffee market.
Global oil prices slid further on Friday, with Brent on track for the first weekly close below $70 a barrel since 2010, as strong U.S. employment data did little to lift the oil market's bearish mood a day after Saudi Arabia cut official selling prices.
Most chief executive officers at U.S. corporations report significant problems in finding workers with the skills they need, according to a survey released on Wednesday.
The euro zone economy may face another contraction after business activity grew less than expected in November despite heavy discounting, surveys on Wednesday showed, although Asian readings were more upbeat.
Heavy discounting failed to stop euro zone business activity growing less than thought last month, a survey showed on Wednesday, suggesting the bloc's economy may contract again early next year.
Brent rose to $71 a barrel on Wednesday, recovering some of its losses from the previous session as a turbulent market searched for a price floor after a nearly 40 percent fall since June.