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Yahoo

World - UK says will pay off part of World War One-era debt next year


LONDON (Reuters) - Britain will pay back part of the outstanding debt used to fund World War One next year, when it redeems government bonds first issued almost 90 years ago by then-finance minister Winston Churchill. The finance ministry said on Friday that it would redeem 218 million pounds ($348 million) of 4.0 percent consols - a rare type of bond with no maturity date - on Feb. 1 next year, to be funded by issuing new debt. ...


Friday, October 31, 2014  12:38

Yahoo

World - Wall Street caps a wild month with a rally


NEW YORK (AP) The U.S. stock market is capping a seesaw month by jumping to all-time highs just two weeks after enduring its worst slump since 2012.


Friday, October 31, 2014  18:51

CNN

Market - Budweiser profits pinched by Russia


Anheuser-Busch InBev, the brewer of Budweiser and other popular beers, says Russia was a big drag on profits in the third quarter.


Friday, October 31, 2014  18:30

Yahoo

Business - Broad rally lifts Wall St. to record as BoJ bumps up stimulus


By Rodrigo Campos NEW YORK (Reuters) - The Dow industrials hit a record high on Friday as stocks rallied on Wall Street after the Bank of Japan significantly ramped up its stimulus program, just days after the Federal Reserve wound down its years-long package of incentives. The S&P 500 came within 0.1 percent of its record high, after the December e-minis contract hit an intraday record earlier. Gains were broad, with 123 new 52-week highs on the S&P 500 versus just two new lows. The Nasdaq Composite recorded 209 new highs and 27 new lows. ...


Friday, October 31, 2014  16:23

Yahoo

World - Euro inflation creeps up, ECB still under pressure


FRANKFURT, Germany (AP) Inflation crept higher in the 18 countries that use the euro in October but the rise to an annual 0.4 percent offered little relief to the European Central Bank as it tries to boost a weak economy.


Friday, October 31, 2014  16:23

Yahoo

Business - What Oil Is Telling You


Since its recent peak at the end of June, the price of oil has dropped more than 20 percent. As a consequence, the S&P 500 Energy index has suffered a decline of about 15 percent over the same time frame (compared to a small increase for the overall index). The drop in oil (and corresponding drop in energy stocks) is causing much...


Friday, October 31, 2014  16:03

CNN

Market - Wall Street firm pushes for student loan forgiveness


BlackRock proposes stimulating the economy by erasing some student debt for first-time homebuyers.


Friday, October 31, 2014  15:42

Yahoo

World - Army chief takes power after Burkina president bows to protests


By Mathieu Bonkoungou and Joe Penney OUAGADOUGOU (Reuters) - The head of Burkina Faso`s armed forces took power on Friday after President Blaise Compaore resigned amid mass demonstrations against an attempt to extend his 27-year rule in the West African country. Compaore, who seized power in a 1987 coup, had attempted to defy popular pressure for him to step down after a day of violent protests on Thursday in which demonstrators stormed parliament and state television. ...


Friday, October 31, 2014  15:02

Yahoo

Business - Samsung has a moment, topping Apple in phone activations


The third quarter was dandy for Samsung in the US, but researcher CIRP says the iPhone 6 should propel Apple back into the lead in the final three months of 2014.>


Friday, October 31, 2014  14:41

Yahoo

World - US, global stocks get big boost from Bank of Japan


NEW YORK (AP) Stocks in the U.S. and across the globe rose sharply Friday after the Bank of Japan unexpectedly announced a new stimulus package to boost the country`s struggling economy. Japan`s stock market jumped 4.8 percent to reach its highest level since 2007.


Friday, October 31, 2014  14:41

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