Browsing: Business News

Momentum has slowed on Wall Street after the surge at the end of 2013, but the stock market’s tally at week’s end was still respectable, even if not outstanding. While the market spent much of the week in the red, two of the three indices still finished…

Auto sales in China, the world’s biggest car market, surged 13.9 percent to 21.98 million vehicles last year, an industry group said Thursday, with the growth rate outpacing 2012 despite economic weakness. Sales of passenger vehicles alone jumped 15…

Global oil prices rebounded with solid gains on Tuesday as a cold snap in the United States boosted demand for heating fuel, analysts said. New York’s main contract West Texas Intermediate for February delivery rose 73 cents to $94.16 a barrel. Brent…

US stocks on Thursday moved lower in the first trading session of 2014 following a mediocre report on Chinese manufacturing activity. About 30 minutes into trade, the Dow Jones Industrial Average fell 76.74 points (0.46 percent) to 16,499.92. The broad…