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Wall Street rises after ADP, before Fed statement
Aug 1st, 2012
NEW YORK (Reuters) - U.S. stocks opened higher on Wednesday after data on the labor market came in above expectations and ahead of the Federal Reserve's statement on the economy and the possibility of a n ew round of stimulus. The Federal Reserve is likely to show it is ready to act to support a weakening U.S. economy but stop short of aggressive measures for now. ... (Source: Reuters) -
By Rodrigo Campos NEW YORK (Reuters) - U.S. stocks were set to open lower on Friday, setting up Wall Street for its first weekly decline since mid April, amid concern the U.S. central bank may scale back its support to the economy. Futures briefly paired losses after data showed orders for long-lasting U.S. manufactured goods rose more than expecte... [Full Article]
Lowe's first-quarter net income rose almost 3 percent, even as a wet and cool spring dampened sales of gardening products. But the home improvement chain's quarterly performance missed Wall Street's expectations. ... (Source: Associated Press)... [Full Article]
MILAN (AP) - The woman who prosecutors allege had sex with Silvio Berlusconi while he was Italy's premier in exchange for money spent her second day on the witness stand Friday, denying her own sworn descriptions of racy escapades at his "bunga bunga" parties and long lists of expensive jewelry and watches received from the media mog... [Full Article]
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