Articles By Moran Zhang
U.S. stocks gave back early gains, then gained new momentum on Tuesday after Federal Reserve Chairman Ben Bernanke set out a downbeat view of the economy to Congress without promising imminent easing measures.
Bernanke delivers his semi-annual Humphrey-Hawkins testimony to Congress.
Johnson & Johnson (NYSE: JNJ), the world's second-biggest health care company, is expected to report higher second-quarter profit as strong performance of new drugs help mitigate drags from generic competition and strings of recalls.
The Coca-Cola Co. (NYSE: KO) is expected to report stronger second-quarter profit as the world's largest soft-drink maker tries to offset higher commodity prices and currency headwinds by expanding aggressively into key international markets.
Second-quarter earnings season heads into full swing next week. The results will provide guidance on how much the global slowdown is affecting U.S. companies.
What bad news does China have in store?
The number of Americans lining up for new jobless benefits last week had its biggest decline in four years, the Labor Dept. said Thursday, but one-time factors such as fewer auto-sector layoffs than normal plus the July 4 holiday likely caused the sharp decline.
Given recent indications that the U.S. economic slowdown has become more pronounced lately, the markets will be scouring the minutes of the June 19-20 Federal Open Market Committee meeting, due to be published on Wednesday, for signs that the recently announced extension to the Operation Twist progr...
Unemployment in advanced economies will remain high until at least the end of 2013, with youth and the low-skilled hurt most by the weakest economic recovery in the past four decades, the OECD said Tuesday.
China's double-digit growth rate during the financial crisis has been the envy of the world and most people agree that we may have seen the last of the country's miraculous growth. So yes, China's growth is slowing. However, it's too early to get all pessimistic.