July 29 Oil bears who drove the market to multi-month lows this week are throttling back on their selling after an unexpectedly large drawdown in U.S.
Chinese shares tumble 8.5 percent in biggest one-day drop since 2007
SHANGHAI Chinese shares slid more than 8 percent on Monday as an unprecedented government rescue plan to prop up valuations ran out of steam, throwing Beijing's efforts to stave off a deeper crash into doubt.
US jobless claims lowest since 1973
WASHINGTON The number of Americans filing new applications for unemployment benefits last week dropped to its lowest level in more than 41-1/2 years, suggesting the labor market maintained a sturdy pace of job growth in July.
WASHINGTON The number of Americans filing new applications for unemployment benefits fell more than expected last week and confidence among homebuilders held at a more than 9-1/2-year high in July, indicating underlying momentum in the economy.
IMF Calls for Greece Debt Relief Ahead of Bailout Vote
Athens/Brussels: An International Monetary Fund study published on Tuesday showed that Greece needs far more debt relief than European governments have been willing to contemplate so far, as fractious parties in Athens prepared to vote on a sweeping...