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• Gold Posts Week's First Gain as Central Banks Buy
  Gold futures on Thursday edged higher for the first time this week in New York as central banks increased their holdings. Central banks, the world's biggest holders of gold, continued to buy bullion in April as Turkey raised its reserves by 29.7 metric tons and Ukraine,...
• European Shares Rebound on ECB Optimism
  Investors snapped up heavily sold-off European equities on Thursday, betting that weak economic data could prompt stimulus from central banks, but with the Greek crisis still unresolved the rally was seen as short-lived. Eurozone purchasing managers indices pointed to...
• Emerging Stocks Fall Most in 6 Months on Europe Worries
  Emerging-market stocks on Wednesday slid the most in six months as concern deepened that Europe's debt crisis will reduce developing-nation exports and curb demand for riskier assets. The MSCI Emerging Markets Index fell 2.4 percent to 896.96 by 4:31 p.m. in New York, the...
• Gold Seeks a New 'Buyer’s Bottom'
  If you take the contrarian investing view seriously, falling prices are good news. It’s always better to load up on a hated asset than chase it higher — the lower the better.
• Gold Sinks 2%, Erasing Year-to-Date Gains
  Gold fell more than 2 percent on Wednesday as a wave of selling triggered by better-than-expected U.S. home sales and heightened by despair surrounding the euro zone sent prices toward key technical support levels and wiped out year-to-date gains.
• Oil Slides 2.1% to $89.90, Lowest Level Since October
  Oil tumbled below $90 a barrel in New York Wednesday, erasing gains through 2011, after U.S. supplies increased to a 22-year high and European leaders met to discuss the euro region s debt crisis. Futures fell 2.1 percent after the Energy Department said stockpiles rose...
• Wall Street Recovers from Plunge as Europe Holds Sway
  Stocks ended mixed after a sharp recovery in the last hour of trading Wednesday.The Dow Jones industrial average ended down seven points at 12,496, according to preliminary closing figures. The threat of a financial crisis spreading from Europe shook markets. The euro...
• Small Dairies Go under as Milk Prices Sink again
  With milk prices projected to fall and fuel costs high, more small dairy farms are going out of business.
• Spain Calls for Help to Lower Borrowing Rates
  Spain can't continue much longer with its current high borrowing rates, the prime minister warned Wednesday as he urged a joint European response to keep the region's debt problems from getting worse.Mariano Rajoy and newly elected French President Francois Hollande,...
• Euro Sinks to 22-Month Low on Fears About Europe
  The euro sank to an almost two-year low, while stocks and commodities tumbled, as European leaders prepared to meet in Brussels amid concern Greece will exit the currency union.
• Euro Crisis Pain Primes Britain for More Stimulus
  The Bank of England signaled on Wednesday it was likely to pump more money into the struggling British economy if the euro crisis causes more mayhem, and the government flagged new steps to boost growth.
• World Bank Cuts China Forecast, Urges Measured Policy
  The World Bank cut its economic growth forecast for China this year to 8.2 percent on Wednesday and urged the country to rely on easier fiscal policy that boosts consumption rather than state investment to lift activity.
• China Brokerage Reforms May Create New Titans
  China is rolling out sweeping brokerage reforms to nurture future global investment banks that officials hope could eventually compete with the likes of Goldman Sachs and Morgan Stanley, a regulatory document showed.
• State Street Appears Hungry for European Deals
  State Street Chairman Jay Hooley has sent a not-so-subtle message to European banks: He's ready to buy their custody and trust operations. Hooley offered a strong hint of potential European targets last week at the company's annual meeting. One slide ranked leading custody...
• Canadian Pacific Strike Stops Freight Service
  Locomotive engineers and conductors at Canadian Pacific Railway Ltd. went on strike early on Wednesday after failing to reach a contract agreement, shutting down freight operations on Canada's second-biggest railroad. The Canadian government indicated that it might step in...
• Stocks Take Late Hit on Renewed Greece Worries
  U.S. equities faltered minutes before the close on Tuesday and the euro fell as hopes European leaders will tackle the region's debt crisis ebbed, fanning doubts that much would come of a meeting just a day away. European shares earlier gained almost 2 percent on optimism...
• Germany, France Draw Battle Lines Over Eurozone Bonds
  Germany dismissed a French-led call for eurozone nations to issue common bonds, a day before a European Union leaders' summit which investors are looking to for new measures to counter the bloc's debt crisis.
• Oil Sinks on Euro Recession Fears, Easing Iran Tensions
  Oil prices dropped near their lows for the year following warnings of a severe recession in Europe and an apparent easing of tensions over Iran's nuclear program. Benchmark U.S. crude on Tuesday lost 91 cents to end the day at $91.66 per barrel in New York while Brent...
• Shale Glut Means $1-a-Gallon Savings Burning Frozen Gas
  The chief operating officer of oil services company Ferus Inc. bought two vehicles to test liquefied natural gas and reckons switching from diesel may cut 22 percent from his fuel bill, or about $1 a gallon.
• Greek Party Leader Warns Austerity Threatens Euro
  The leader of Greece's radical left Syriza coalition is warning that austerity measures championed by German Chancellor Angela Merkel could ultimately bring down the eurozone as whole.
• Google Probe Said to Accelerate as U.S. Questions Site Operators
  U.S. antitrust regulators told EBay Inc. and Yelp Inc. to provide information on whether Google Inc. is competing unfairly, speeding up a probe that began a year ago, people familiar with the matter said.The shopping and review websites were among about a dozen companies...
• Commodities Broker Streible: Facebook Flop Is Good for Gold
  The failure of Facebook shares to ascend in the wake of its IPO may hurt some investors, but it bodes well for gold, says Phil Streible, a commodities broker at RJO Futures.
• Wall Street Snaps Loss Streak While Facebook Slumps
  U.S. stocks rose on Monday, with the S&P 500 snapping a six-day losing streak in a rebound from equities' biggest weekly drop in almost six months, but Facebook slumped in its second session after a disappointing debut. Tech shares were among the day's biggest gainers, with...
• Role Reversal: Smaller Industrial Firms Bet Big on M&A
  Burned by the memory of deals gone bad, top U.S. conglomerates including General Electric Co.and Honeywell International Inc. have backed away from big acquisitions, saying the risks of $10 billion takeovers aren't worth it. That is leaving room for smaller, hungrier rivals...
• Gold Falls as China Stimulus Pledge Curbs Haven Appeal of Metal
  Gold fell for the first time in three sessions as China signaled that it would support the economy and German and French officials said they want to keep Greece in the euro, eroding the appeal of the metal as a haven.

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