News Source: The Examiner
| 16 days ago
When the dollar is weaker, U.S. goods are cheaper for buyers overseas. Companies that do business overseas also get a profit gain when their earnings are translated back into dollars...Oil prices tumbled and gold topped $1,100 an ounce for the first...
News Source: Daily Breeze
| 17 days ago
Gold prices outshone other commodities Friday, soaring to a new high of $1,100 an ounce, as prices for copper, oil and soybeans fell. Gold prices have been rallying in recent weeks as investors fear the government's low interest rate policy will...
News Source: Seattle Times
| 17 days ago
Stock indexes posted a modest advance in light trading Friday after the Labor Department said the nation's unemployment rate topped 10 percent in October for the first time since 1983, but also that the pace of job losses slowed. The rise in...
News Source: Seattle Times
| 17 days ago
Treasury prices were little changed Friday ahead of a new round of auctions next week and as the stock market hovered in a narrow range. In afternoon trading, the 10-year note, often used as a benchmark for interest rates on consumer loans, rose 1/32...
News Source: The Examiner
| 17 days ago
When the dollar is weaker, U.S. goods are cheaper for buyers overseas. Companies that do business overseas also get a profit boost when their earnings are translated back into dollars...Oil prices plunged and gold topped $1,100 an ounce for the first...
News Source: Seattle Times
| 17 days ago
The safe-haven dollar got an immediate boost Friday after the government said the U.S. unemployment rate rose above 10 percent, but then gave back its gains in choppy trading as investors figured that a weak economy meant the Federal Reserve would...