NICOSIA, Cyprus - The European Central Bank will begin its big new stimulus program on Monday, the bank's president, Mario Draghi, said, as he predicted improvements in the economy and in the eurozone's inflation picture as a result of the effort.
AP EARNS CITIGROUP F A USA NY Bank stocks remained relatively calm Thursday despite the knowledge that large amounts of potentially market-moving data will be dropped after markets close in the form of the Federal Reserve's so-called stress tests.
WASHINGTON - Orders to American factories fell again in January but an important investment category showed a gain. Orders to factories edged down 0.2 percent in January, the Commerce Department said Thursday.
Fast growing startups with debatable finances have been effortlessly raising billions of dollars at stratospheric valuations. Big tech companies are sinking cash into risky industries they have no expertise in.
There were 320,000 claims for unemployment insurance last week, the highest in nearly ten months, according to the U.S. Department of Labor.