Economy News
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Bank of England, still divided, flags market impact of Fed uncertainty
LONDON - Bank of England policymakers acknowledged earlier this month that further market volatility could be on the way because of uncertainty about the direction of U.S. monetary policy, but came no closer to shifting their own stance.
Royal baby to give bump to British economy
LONDON - From Union Jack booties to "Born to Rule" sleepwear, the royal family has joined retailers in offering baby products to mark the arrival of the royal heir.
Inflation rebounds more than expected
LONDON - British inflation rebounded more than expected in May, data showed on Tuesday, primarily because of rising air fares and in contrast to April's seven-month low.
Barriers to homeownership dividing Britain, youth say
LONDON - Most young Britons say rising barriers to home ownership are dividing the country socially and economically, and one in five has abandoned the dream of ever owning a property, a survey by mortgage provider Halifax said.
Annual decline in UK construction output slows sharply
LONDON - British construction output posted the smallest annual fall in almost a year and a half in April, non-seasonally adjusted data showed on Friday, raising hopes that construction might contribute to economic growth in the second quarter.
No quick fix for corporate tax take as pressure to act builds
BRUSSELS/LONDON - Europe's leaders are talking tough about making companies pay more tax but they are expected to take only baby steps for fear of alienating big business during an economic slump.
Britons' net incomes fall to lowest since 2001-02
LONDON - Britons' real net incomes fell to their lowest level in a decade in the year ending in March 2012, annual data from the country's labour ministry showed on Wednesday.
BoE to give policy guidance once Carney takes over - Reuters poll
LONDON - Mark Carney will give markets guidance on monetary policy soon after he takes over as Bank of England governor next month, according to a Reuters poll that also predicted an end to asset purchases.
UK job market perks up in latest sign of recovery
LONDON - Fewer Britons claimed unemployment benefit in May than at any time in the last two years although wages clawed back only a bit of ground lost to inflation, data showed on Wednesday.
Britain's economy grew 0.6 pct in 3 months to May - NIESR
LONDON - Britain's economy grew 0.6 percent in the three months ending in May, driven by both the production and private services sectors, the National Institute of Economic and Social Research said on Tuesday.
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- Sectors
| DOW | 15,112.19 |  -206.04 |
-1.35% |
| S&P 500 | 1,628.93 | -22.88 |
-1.39% |
| NASDAQ | 3,443.20 | -38.98 |
-1.12% |
| TR US Index | 147.76 | -2.04 |
-1.36% |
+237.94Sector Summary
| Energy | -1.12% |
| Basic Materials | -0.95% |
| Industrials | -0.88% |
| Cyclical Goods & Services | -0.78% |
| Non-Cyclical Goods & Services | -1.26% |
| Financials | -1.14% |
| Healthcare | -1.33% |
| Technology | -0.94% |
| Telecoms | -1.53% |
| Utilities | -2.00% |
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