Market Gawk

United States Market and Economy

June 7th, 2007

Stanford Professor Slams Office Bullies, Work Jerks

A Stanford professor offers his blunt assessment of office bullies and work jerks.

Original post by FeedZilla

June 7th, 2007

Shaking off global rate worries

Interest rates are ticking higher overseas, raising concerns on Wall Street that U.S. rates will be pulled up along with them - but that may not necessarily be the case.

Original post by FeedZilla

June 7th, 2007

Australian Jobless Rate Falls to New Low (AP)

A drop in Australia’s jobless rate to 4.2 percent, the lowest level since late 1974, rekindled expectations Thursday of a further interest rate hike before a federal election later this year.

Original post by FeedZilla

June 7th, 2007

Tokyo Stocks Climb 0.07 Percent (AP)

Japanese stocks inched up Thursday, led by shipbuilding and trading company shares, reversing an early decline. The Nikkei 225 index rose 12.45 points, or 0.07 percent, on the Tokyo Stock Exchange to finish at 18,053.38 points.

Original post by FeedZilla

June 7th, 2007

New Zealand Dollar Rallies to New High (AP)

The New Zealand dollar rallied to its highest since it was floated in 1985 on Thursday as the country’s central bank delivered a surprise interest rate hike and kept the door open for further tightening.

Original post by FeedZilla

June 7th, 2007

Stocks crawl off their lows

Blue-chip stocks moved off their lows in early trading Thursday as weary investors chewed on spiking Treasury yields and tepid retail sales as rate fears continued to weigh on Wall Street.

Original post by FeedZilla

June 7th, 2007

Bears Catch the Worm

Futures pointed to another stark morning for stocks, as the major indexes looked to open lower again. The yield on the 10-year note topped 5%. Wal-Mart posted anemic same-store sales growth in May. Weekly jobless claims came in just below economists’ estimates.

Original post by FeedZilla

June 7th, 2007

Tokyo stocks recover on yen weakness

Japanese stocks rebounded from earlier losses to end moderately higher, helped by the weakening of the yen. By close of trading the Nikkei 225 had risen 0.1 per cent at 18,053.38.

Original post by FeedZilla

June 7th, 2007

Oil hits $67 after Turkish raid

Read full story for latest details.

Original post by FeedZilla

June 7th, 2007

European stocks nudge higher

European equities nudged higher as banks and carmakers recovered some of Wednesday’s losses, but retailers and construction groups were still weak on interest rate concerns.

Original post by FeedZilla