North America
Oil prices headed still lower even as Saudi curbs output: PIRA's Ross
World oil prices are set to fall further, extending a months-long rout as Saudi Arabia is unlikely to make deep enough production cuts to erase a growing surplus of supply, according to Gary Ross, chief executive of PIRA Energy Group.
Drop in jobless claims points to labor market strength
The number of Americans filing new claims for unemployment benefits fell last week to nearly its lowest level since before the 2007-09 recession, a sign of growing steam in the U.S. labor market.
National Stock Exchange to be bought by Lehman ex-CEO, OpenMatch: WSJ
Former Lehman Brothers Holdings Chief Executive Officer Richard Fuld Jr. and OpenMatch Holdings are involved in a deal to buy the Jersey City-based National Stock Exchange (NSX), the Wall Street Journal reported, citing people familiar with the matter.
Sunny September sales unlikely to brighten retailers' holiday prospects
A resurgence in spending helped by an improving U.S. economy bolstered back to school season sales for retailers in September, but stagnant wages may force more discounting in the coming months, keeping pressure on margins.