Thursday brought a raft of data pointing toward a global economic slowdown, including: Markit PMI for Europe falling to 45.9 from 46.7 in April while the May German IFO business confidence hit a six-month low and the U.K.
Follow The Daily Ticker on Facebook! Last decade's housing boom is still inflicting a world of pain for lenders, homeowners and the financial system. Home prices are still falling.
By Daniel Gross When it comes to the economic future of China, it seems we live in a world of black-and-white, binary choices. Either it is poised to become the world's largest economy and roll on as a juggernaut for decades to come. Or it is a giant, unsustainable bubble that is poised to pop any minute now
Follow The Daily Ticker on Facebook! European heads of state are meeting in Brussels Wednesday to discuss the euro zone's sovereign debt crisis and more importantly, the fate of Greece.
Follow The Daily Ticker on Facebook! In an unprecedented move, in June 2011 the U.S. Treasury Department granted the Chinese government direct-bidder status to purchase U.S. Treasuries direct from the U.S.
Follow The Daily Ticker on Facebook! Every time oil and gas prices jump, as they have in the past year, a great cry goes up: If only America had an energy policy. Well, we do have an "energy policy," it's just being directed by ExxonMobil ( XOM ), not Washington, D.C., according to Steve Coll, president of the New America Foundation and author of Private Empire: ExxonMobil and American Power.
Facebook ( FB ) traded sharply lower this morning, crashing through Friday's IPO price. And this unleashed a new round of criticism and disappointment among investors who apparently thought they would get a lot of free money from Facebook just for participating.
Follow The Daily Ticker on Facebook! A handful of housing data this week supports the case that the U.S. housing market may be heading for a recovery.
Follow The Daily Ticker on Facebook! Oil prices have tumbled in recent weeks as concerns over Iran's nuclear ambitions have taken a backseat to worries about Europe's debt crisis and the slowing global economy. But talks between Iran and U.N. negotiators continue and, despite reports of progress , the outcome is far from certain.
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Yahoo! Finance to stream LIVE coverage of the Facebook IPO Friday starting at 10:30 am. WATCH IT LIVE HERE ! Demand for Facebook ( FB ) shares is heating up ahead of its initial public offering, which is expected to take place Friday