Canada Dollar Falls Most in Year as Inflation Slows to 2009 Low
The Canadian dollar posted its biggest loss in a year against its U.S. peer as the nation’s annual inflation rate fell in April to its slowest in more than three... Read more »
Pound Declines to Six-Week Low Versus Dollar on Fed Speculation
The pound fell for a second week versus the dollar as speculation the Federal Reserve is moving closer to ending its program of asset purchases boosted the U.S. currency against... Read more »
BP, Transocean Are Sued by Texas Over 2010 Gulf Oil Spill
Texas sued BP Plc (BP/), Transocean Ltd. and others involved in the 2010 oil spill, calling it the “worst environmental disaster” in U.S. history and becoming the fifth Gulf of... Read more »
Connecticut Commuter Crash Hampers Amtrak Boston-New York Trains
Investigators are working in Connecticut to gather evidence from yesterday’s collision between two Metro-North Railroad commuter trains so they can restore Amtrak and other rail service between New York and... Read more »
Saudi Stocks Rise Most in 4 Months, Led by Property Companies
Saudi Arabia’s benchmark stock index gained the most in more than four months, led by real estate developers and petrochemical companies. Dar Al Arkan Real Estate Development Co. (ALARKAN) gained... Read more »
Canada Dollar Falls to 2-Month Low as CPI Raises Rate-Cut Bets
The Canadian dollar declined to a two-month low versus its U.S. counterpart after the rate of inflation slowed in April to the least in more than three years, bolstering the... Read more »
Renren Sinks as Slowdown Cuts Forecasts: China Overnight
Chinese stocks slid the most in a month this week in New York after companies from Elong Inc. (LONG) to Renren Inc. forecast future sales below analysts’ estimates as growth... Read more »
Emerging Stocks Extend Weekly Drop as Gold Slump Sinks Producers
Emerging-market stocks capped their first weekly decline in a month as the longest slide in gold since 2009 dragged down producers. Russian shares surged. Harmony Gold Mining Co. (HAR) and... Read more »
NYSE Voids Penny Trades in Anadarko From Last Minute of Trading
The New York Stock Exchange broke trades in Anadarko Petroleum Corp. (APC) after the shares briefly plunged 99 percent in the final minute of today’s session. The transactions drove Anadarko,... Read more »