Car Bomb Explosion in Damascus Kills 13 people

A car bomb in central Damascus killed at least 13 people, Syria’s state television reported, a day after Prime Minister Wael al-Halaqi survived a bomb attack in the capital. More than 70 people were wounded in the explosion in the Marjeh district, according to the report. The device detonated at the gate of the country’s old Interior Ministry building,

US Home Prices Rise Most Since May 2006

U.S. single-family home prices rose more than expected in February, posting their best annual increase since May 2006 in a fresh sign the housing recovery remains on track, a closely watched survey showed on Tuesday. The S&P/Case-Shiller composite index of 20 metropolitan areas gained

Stocks Mixed After Euro Zone Data

European shares were mixed in morning trade on Tuesday as a raft of economic data was released for the euro zone. The FTSEurofirst 300 Index was slightly higher as inflation and unemployment data, as well as a series of earnings releases, sent stock markets in different directions. Inflation data for the euro zone showed a fall to 1.2 percent, a three year-low. The bloc's unemployment data reached a record high of

ECB Rate Cut Just Became Even More Likely

The odds of a rate cut by the European Central Bank (ECB) increased significantly on Tuesday after euro zone inflation eased to 1.2 percent in April, the lowest level since February 2010. To give you an idea of just how important that number is,economists were expecting inflation of 1.6 percent and the reading for March was 1.7 percent.

Former fashion jewelry saleswoman Rebecca Gonzales and former Chief Executive Officer Ron Johnson have one thing in common: J.C. Penney Co. (JCP) no longer employs either. The similarity ends there. Johnson, 54, got a compensation package worth 1,795 times the average wage and benefits of a U.S. department store worker when he was hired in

Pfizer Earnings Miss, Pressured by Stronger Dollar

Pfizer reported quarterly earnings and revenue that missed analysts' expectations on Tuesday, citing the stronger dollar and the spin-off of its animal health unit Zoetis. The largest U.S. drugmaker also trimmed its full-year guidance. The company said it now expects full-year earnings, excluding items, of $2.14

US Consumers Keep Spending, Despite Reduced Pay

This year got off to a sour start for U.S. workers: Their pay, already gasping to keep pace with inflation, was suddenly shrunk by a Social Security tax increase. Which raised a worrisome question: Would consumers stop spending and further slow the economy? Nope. Not yet, anyway. On Friday, the government said consumers spent 3.2 percent more on an annual basis in the January-March

Italy's New Government Passes First Market Test

Italy's ten-year borrowing costs fell on Monday to the lowest point since October 2010 after the country's new prime minister named his cabinet over the weekend, ending two months of political deadlock in Italy. Italy's new economy minister will present his economic plan to parliament later on Monday,

Brent slips to $103, narrows spread with WTI

Brent crude eased to $103 a barrel on Friday after rising $3 in the past two sessions, with investors cautious over the tepid outlook for growth in the world's two largest oil consumers, the United States and China. Brent is set for its biggest weekly gain since November, but is still 7 percent off levels at the start of April after a string of disappointing data stoked fears of global economic slowdown. 

Samsung's New Galaxy S4 Hits Supply Snags in US

Supply issues have snarled the U.S. rollout of Samsung's latest flagship smartphone, which will go on sale at carriers Sprint and T-Mobile later than expected, the wireless service providers said on Wednesday. Samsung attributed the disruption to unexpectedly strong demand for the Galaxy S4, the South Korean company's direct challenge to Apple iPhone.

Spain Unemployment Rate Hits Record 27.16% in First Quarter

Unemployment in Spain jumped to a record 27.2 percent, data showed on Thursday, fuelling a European debate over whether to ditch austerity policies and switch to reviving economic growth. More than 6 million Spaniards were out of work in the first three months of this year, raising the rate in the euro zone's fourth biggest economy to a level unseen since records began in the 1970s.

UPS Earnings Beat on Growth in Exports

United Parcel Service reported quarterly earnings that topped analysts' forecasts on Thursday, helped by improvement in ground and export shipments. Immediately after the earnings announcement, the company's shares fell slightly in pre-market trading. As cost-conscious consumers shift from air express to slower and cheaper modes of shipping, UPS's stronger North American domestic network puts it in a better position than rival FedEx, which focuses more international air shipments. 

Jobless Claims Drop More Than Expected, Down by 16,000 to 339,000

The number of Americans filing new claims for unemployment benefits fell last week, offering reassurance that the bottom is not falling out of the labor market despite signs of slower growth. Initial claims for state unemployment benefits dropped 16,000 to a seasonally adjusted 339,000 the Labor Department said on Thursday. The prior week's number was revised to show 3,000 more applications than previously reported. 

Asian shares rise, weak U.S. data undermines dollar

Asian shares rose on Thursday, with recovering commodities and views that a run of weak global economic data will encourage major central banks to keep or deepen their monetary stimulus improving risk sentiment, but weak data undermined the dollar. European stock markets were seen subdued, with financial spreadbetters predicting London's FTSE 100 .FTSE, Paris's CAC-40 .FCHI and Frankfurt's DAX .GDAXI would open narrowly mixed between a 0.1 percent rise and a 0.1 percent drop. U.S. stock futures ESc1 were up 0.1 percent, hinting at a calm Wall Street open. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.7 percent, with Hong Kong shares .HSI rising 1.1 percent and hitting a three-week high, spurred by recovering commodity prices and positive quarterly earnings from China Minsheng Bank, the country's seventh-largest lender. 

ECB says ditching austerity would not help euro zone

ECB policymakers rebuffed suggestions that Europe should ease up on austerity and said that while the central bank has room to cut interest rates, such a move would not necessarily help the economy much. European Central Bank Vice-President Vitor Constancio said that seeking to stimulate economies by stopping measures aimed at cutting government debt could merely increase countries' borrowing costs rather than triggering growth. 

ECB Rate Cut Could Bring Big 'Disappointment'

Expectations are rising that the European Central Bank (ECB) will announce a rate cut when it meets next week. But according to analysts the move is likely to have a limited impact and could in fact end up being a disappointment. 

U.S stock pare gains after durable goods orders

U.S. stock index futures shaved their early gains following a weaker-than-expected durable goods orders report and as Apple shares weighed.

“Mars One”, kërkohen vullnetarë për të jetuar në Mars

Misioni “Mars One” ka filluar zyrtarisht kërkimet për vullnetarë të cilët do të fluturojnë dhe do jetojnë në planetin e kuq. Në një konferencë për mediat në Nju Jork, Shefi Ekzekutiv i kompanisë Bas Lansdorp, bëri thirrjen publike për të gjithë ata persona që janë të interesuar për të fluturuar drejt Marsit.