NEW YORK Dec 18 (Reuters) - The S&P 500 posted its biggest jump since January 2013 on Thursday, extending a Fed-fueled rally from the previous session, as tech shares gained after stronger-than-expected results from Oracle.
The number of Americans applying for unemployment benefits for the first time declined last week and stayed near 14-year lows. This is a strong and current indicator that the labor-market is improving.
Russian president Vladimir Putin has lashed out at the Western powers for imposing a new �Berlin Wall� across Europe and warned the Russian people to brace for two years of hardship, admitting that sanctions are doing more damage than originally thought ...
MetLife Inc. (MET), the biggest U.S. life insurer by assets, was labeled a systemically important financial institution by a council of regulators and said it will consider whether to sue the government over the decision.
Federal Reserve Chair Janet Yellen is taking a page from predecessor Alan Greenspan's 2004 playbook, a step that appears to validate the expectations of investors who expect interest-rate liftoff in June 2015.