New Jersey Headlines

Yellen: Fed to move ‘cautiously’ on rate hikes

Federal Reserve Chair Janet Yellen said Tuesday the central bank will move cautiously as it weighs interest rate hikes in light of a weak global economy and stubbornly low inflation,

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China takes control of global silver prices

China has been an unofficial price-setter for most metals over the past decade. And this week, the country became an official participant in setting prices for one of the world’s

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All eyes on economy as Fed rate decision looms

An oil production cut is off the table — at least for now. So there goes one potential catalyst for higher stock prices right out the window. That raises the

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Chinese stocks plunge more than 6%

China’s Shanghai composite index plunged more than 6% Thursday — its biggest one-day drop in a month — amid ongoing fears about the health of the world’s second largest economy.

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JPMorgan strikes bullish tone even as oil woes rise

In the latest sign of a divided economy, JPMorgan Chase CEO Jamie Dimon gave an impassioned speech Tuesday about how U.S. consumers are “winners” of the current economy, even as

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Business leaders call for Britain to stay in EU

The bosses of some of Britain’s biggest companies on Tuesday warned that an exit from the European Union could threaten jobs and put the economy at risk. Around 200 individuals,

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Chinese stocks dive more than 6% as oil falls

China’s benchmark index plunged more than 6% Tuesday, after a renewed slump in oil prices kept investors on edge about the global economy. The Shanghai composite index dived 6.4% to

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Europe racks up billions in deals with Iran now that sanctions are lifted

Europe is racking up billions in deals with oil-rich Iran as its president, Hassan Rouhani, makes a goodwill tour less than two weeks after the lifting of international sanctions on

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Fed minutes could shed light on rate hikes

Federal Reserve Chair Janet Yellen signaled this past week  the central bank will be reluctant to raise interest rates next

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Global markets rally as Japanese stocks surge 7% on extra stimulus hopes

European and Asian markets rallied Monday as Japanese stocks surged after dismal growth data raised hopes of extra stimulus from

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Pandora shares bounce after Q4 earnings miss and sale report

Pandora shares fell more than 6% after the Net radio provider posted a net loss the fourth quarter and fiscal

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Service sector growth slows in Dec., factory orders fall in Nov.

A private survey says U.S. services companies grew in December at the slowest pace since early 2014. The Institute for

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Oilprice.com: Saudi-Iran dispute won’t boost oil

Oil prices jumped on the first trading day of 2016 as Middle East tension outweighed a selloff in financial markets

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China angst shows markets as fragile as fine china

On the first day of trading in 2016, China lived up to its reputation as a “shock to watch” in

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Global stocks mixed ahead of Fed meeting

Global stocks were mixed Monday as Wall Street looked ahead to a Federal Reserve decision this week that could see

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Japan sidesteps recession, revised growth at 1%

Japan sidestepped recession last quarter: Revised data released Tuesday showed its economy grew at an annual 1.0 percent pace instead

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Chinese stocks fall 5.5%, other Asian markets down

China’s main stock market index fell more than 5% on Friday after two securities firms said they are under investigation

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Middle class optimism buoys consumer sentiment

Americans were more optimistic about their incomes and personal finances this month, particularly among lower and middle-class households, lifting consumers’

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Economic growth revised up to 2.1% in Q3 from initial 1.5% estimate

The U.S. economy grew more rapidly than previously thought in the third quarter as businesses more aggressively replenished their stocks.

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Consumer prices rose 0.2% in October

Consumer prices edged up in October after two straight months of declines as gasoline costs moved higher. The report from

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