Archive for October 15th, 2009
Oil settles above $77 — first time in 2009
Oil prices settled above $77 a barrel on Thursday — a first for the year — after a bullish government showed a surprise drop in gasoline stockpiles and a lower-than-expected rise in crude inventories.
Dollar mixed on strong economic data
The dollar was mixed against major rivals on Thursday following better-than-expected economic data about inflation and jobless claims.
Treasurys ease as jitters remain
Treasurys eased Thursday as investors digested the latest readings on inflation, labor and manufacturing.
30,383: First tally on stimulus jobs
The White House on Thursday unveiled the first hard data on how many jobs the $787 billion recovery act has created.
Dow 10,000: Day two
The Dow carved out another one-year high Thursday as rising oil prices and a late-session rally overshadowed bank sector caused by Citigroup’s and Goldman Sachs’ profit reports.
Google: Worst is behind us
Google said Thursday the worst of the recession has passed, as it reported quarterly profit and sales that rose from year-earlier results and easily trounced Wall Street’s forecasts.
Golden quarter for Goldman Sachs
The Goldman Sachs steamroller keeps chugging along.
Citi still feels sting of bad loans
Citigroup’s ongoing crusade to return to its former glory as a financial giant may have to wait just a bit longer.
Inflation cools off
A smaller rise in energy prices resulted in a slower increase in overall prices in September, according to a government report Thursday.
No 2010 increase in Social Security
There will be no cost-of-living increase for 57 million Social Security beneficiaries next year because consumer prices have fallen, the Social Security Administration announced on Thursday.
