The sharemarket rose yesterday as defensive and high-yield stocks had broad-based gains after stronger-than-expected German business confidence data brightened the eurozone economic outlook and US earnings reports beat expectations. The ...
Tags: earnings, stocks, sharemarket
Unprecedented federal budget problems are creating a new reality for the software development operations of government IT units. The days of the big, lumbering, multiyear government IT projects are likely coming to an end as more and more ...
Tags: federal budget problems, software development operations, IT projects
US manufacturing activity continues to grow steadily, buoyed by an increase in new orders and blue collar employment. The Institute for Supply Management index of manufacturing activity rose to 53.1 in January from 50.2 in December. ...
Tags: US Manufacturing, manufacturing activity, blue collar employment
Following disappointing jobs report and the news earlier this week that US fragile economic recovery has come to a virtual halt, it is imperative that the White House and Congress immediately make economic growth and job creation their top ...
Tags: retail jobs, NRF, Textile Industry
Federal agencies, including the Defense Department, are facing unprecedented budget problems that are creating a new reality for government IT. IT managers are turning to agile development to speed up projects and to quickly show their ...
Tags: Federal agencies, government IT, IT industry
The sharemarket ended a three-day losing streak yesterday as the latest earnings results from US aluminium giant Alcoa reassured investors in the resources-heavy domestic bourse, with high-yield and defensive sectors of the market well bid. ...
Tags: aluminium, Alcoa, market well bid, aluminium market
Hawaii and Texas Top List of 20 States and D.C. Adding Construction Jobs Since November 2011 as Delaware and New York Trail; Vermont and Louisiana Led 19 States with One-Month Gain, D.C. and Texas Lag Barely one-third of states added ...
Tags: Construction Jobs, November, 2011, employment
IDG News Service - As the economy improves and at least some of the concerns about the so-called U.S. "fiscal cliff" are resolved, desire for new mobile, analytics and storage technology will drive IT spending this year, according to market ...
Tags: storage technology, tech industry, IT, Software
Copper rose for a third day in London as Chinese services industries expanded at the fastest pace in four months, bolstering prospects for an economic rebound in the world’s biggest consumer of the metal. China’s statistics ...
Tags: Copper, economic rebound, metal, China
The sharemarket ended its winning streak yesterday on concerns that stimulus measures in the US may be scaled back sooner than expected. The minutes of the Federal Reserve's policy meeting of last month showed disagreement among members ...
Tags: sharemarket, stimulus measures, US, Federal Reserve
The sharemarket fell today, led by resources stocks after minutes of the Federal Reserve's December policy meeting sparked concern US stimulus measures might be scaled back sooner than expected. The Fed minutes, released Thursday, showed ...
Tags: sharemarket, resources stocks, Federal Reserve, Fed minutes
The Australian dollar is higher, getting some support from stronger iron ore prices and gains on the local sharemarket. Mr Hans Kunnen, St George chief economist said that the local dollar's rise was not because of the US budget ...
Tags: Australian dollar, iron ore, prices, sharemarket
Economic Times reported that employers probably added jobs in December at about the same pace as the prior month, showing the US labour market held up as lawmakers struggled to resolve the fiscal impasse, economists said before a report ...
Tags: US, labour market, December, unemployment rate
The Australian dollar is higher after US politicians reached a deal to roll back a series of measures that threatened to push America back into recession -- a situation known as the fiscal cliff. At 07:00 AEDT, the local unit was trading ...
Tags: Australian dollar, US, America, fiscal cliff
The sharemarket started the new year with a bang as US politicians agreed on a budget deal to avoid the worst of the so-called fiscal cliff, which had threatened to derail the world's biggest economy. The benchmark S&P/ASX 200 closed up ...
Tags: sharemarket, bang, US, fiscal cliff