Wall Street's short winning streak came to a brutal end Friday as a disappointing jobs report sent stocks skidding and the Nasdaq composite to its lowest level in more than 15 months.
NEW YORK Oil prices ended the week lower in choppy trading on Friday, snapping two weeks of gains, as a frenzy of speculation about a possible deal between top oil producers clashed with concerns about a growing supply glut.
(MENAFN - Gulf Times) The willingness of US stock investors to abide price-earnings ratios stretching into three and four digits came under pressure on Friday as the Nasdaq Composite Index fell to its lowest since October 2014.
FRANKFURT Feb 7 German financial watchdog Bafin on Sunday closed the German operations of Canada's Maple Financial on impending financial over-indebtedness.
It's obvious that a $10-a-barrel tax on oil would translate into higher prices for gasoline at the pump. But how much higher? The White House on Thursday said President Barack Obama will propose a $10-a-barrel tax on each barrel of oil to pay for clean ...