Consumer spending in the U.S. climbed in October at the same pace as incomes, showing households are staying within their means as the holiday-shopping season begins.
The number of people seeking U.S. unemployment benefits jumped last week, pushing total applications above 300,000 for the first time in nearly three months.
West Texas Intermediate traded near the lowest price in more than four years as Saudi Arabia's oil minister said the price will stabilize by itself, while the United Arab Emirates said OPEC will do what it takes to balance the market.
FRANKFURT - European Central Bank Vice President Vitor Constancio sent the strongest signal to date Wednesday that the ECB is prepared to buy government bonds early next year, if it decides that more aggressive stimulus measures are needed.
Before the financial markets opened this Tuesday, Tiffany & Co. (NYSE:TIF), among many other companies, released its financial performance in the third quarter of 2014.