Stocks rise to 2009 highs, Dow adds 51 as commodities rebound, Fed begins rates meetingSeptember 22nd, 2009 Rebound in commodities carries stocks to 2009 highNEW YORK — A rebound in commodities drew investors back into the stock market and helped push stocks to new highs for 2009. Major stock indicators rebounded Tuesday from a drop the day earlier to end at their highest levels in 11 months.
Summary Box: Improving economy lifts imports, exports and trade deficitSeptember 10th, 2009 Summary Box: Improving economy ups trade deficitWHAT HAPPENED?: The trade deficit rose to $32 billion in July, the highest in six months. Imports jumped 4.7 percent, the largest monthly increase on records dating from 1992.
Increase in manufacturing a sign of improving economy: ObamaSeptember 1st, 2009 WASHINGTON - US President Barack Obama Tuesday said a report released showing that manufacturing is on the rise is a sign that the economy is improving. "The steps we are taking to bring our economy back from the brink are working," Obama said.
Michigan jobless rate dips slightly to 15 percent in July, first drop in more than a yearAugust 19th, 2009 Michigan jobless rate dips slightly to 15 percentLANSING, Mich. — Michigan's monthly unemployment rate has dropped for the first time in more than a year.
Oil falls slightly to near $71 in Asia after signs of improving US economy fuels rallyAugust 4th, 2009 Oil down slightly to near $71 after big rallySINGAPORE — Oil prices fell slightly to near $71 a barrel Tuesday in Asia after signs of economic recovery in the U.S. fueled stock and crude rallies.
Oil holds above $67 in Asia as signs of improving US economy trigger rallyJuly 24th, 2009 Oil holds above $67 amid improving US economyOil prices held above $67 a barrel Friday, adding to gains made overnight, as world stock markets rallied on signs of improvement in the U.S. economy. In Europe, benchmark crude for September delivery was up 11 cents to $67.27 a barrel in afternoon electronic trading on the New York Mercantile Exchange.
Oil drifts below $67 in Asia as signs of improving US economy trigger rallyJuly 24th, 2009 Oil drifts below $67 amid improving US economySINGAPORE — Oil prices drifted below $67 a barrel Friday in Asia but mostly held onto gains made overnight amid signs of an improving U.S. economy. Benchmark crude for September delivery was down 31 cents to $66.85 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange.
Oil slips below $69 in Asia as investors look to US unemployment reportJuly 2nd, 2009 Oil slips below $69 ahead of US jobs reportSINGAPORE — Oil prices slipped below $69 a barrel Thursday in Asia as investors looked to the release of a key U.S. employment report for hints on the outlook for the world's largest economy.
Oil lingers near $71 in Asia as falling US crude inventories point to improving demandJune 18th, 2009 Oil lingers near $71 amid falling inventoriesSINGAPORE — Oil prices lingered near $71 a barrel Thursday in Asia, arresting a recent decline as falling U.S. crude inventories suggested demand is improving.
Oil rose above $71 in Asia as falling US crude inventories point to improving demandJune 18th, 2009 Oil rose above $71 amid falling inventoriesSINGAPORE — Oil prices rose above $71 a barrel Thursday in Asia, arresting a recent decline as falling U.S. crude inventories suggested demand is improving.
Oil soars above $71 in Asia as 3-month rally pushes crude to 2009 highJune 10th, 2009 Oil soars above $71 in Asia, hitting 2009 highSINGAPORE — Oil prices soared above $71 a barrel Wednesday in Asia, reaching a 2009 high, as investors poured money into the commodity as a hedge against a weakening U.S. dollar and inflation.
Oil closes in on $71 in Asia as 3-month rally pushes crude to 2009 highJune 10th, 2009 Oil rises to near $71 in Asia, hitting 2009 highSINGAPORE — Oil prices closed in on $71 a barrel Wednesday in Asia, reaching a 2009 high, as investors poured money into the commodity as a hedge against a weakening U.S. dollar and inflation.
Oil extends gains above $65, hitting fresh 6-month high on economic recovery signsMay 29th, 2009 Oil extends gains above $65, hits new 6-month highSINGAPORE — Oil extended gains above $65 a barrel Friday in Asia to reach a fresh six-month high after the U.S. reported a fall oil inventories and signs of economic improvement.
South Korea's unemployment rate falls to 3.8 percent amid signs economy improvingMay 13th, 2009 South Korea's jobless rate falls to 3.8 percentSEOUL, South Korea — South Korea's unemployment rate fell to 3.8 percent in April, government data showed Wednesday, adding to signs the country's battered economy is improving. The jobless rate declined from 4 percent in March, the Korea National Statistical office announced.
Oil dips below $51 in Asia as month-long trading range holds amid weak consumer demandMay 1st, 2009 Oil dips below $51 amid weak consumer spendingSINGAPORE — Oil prices dipped below $51 a barrel Friday in Asia as investors clung to a month-long trading range amid uncertainty about when the global economy may emerge from a severe recession. Benchmark crude for June delivery was down 34 cents to $50.78 a barrel by midday in Singapore, in electronic trading on the New York Mercantile Exchange.
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