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.
Initial jobless claims fell more than expected last week, underscoring an improved labor market. lRelated U.S. economy adds a robust 321,000 jobs in November · Business · U.S.
MOSCOW. A fact-checking look at some of Russian President Vladimir Putin's statements on the ruble collapse and the Ukrainian crisis from his annual news conference Thursday: ---.
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.
EconMatters has been critical of Fed's new found dovishness. Judging from the FOMC statement released on Wednesday Dec. 17, Fed made a concerted effort (to keep Wall Street happy) keeping a spot for that infamous "considerable time" language.