US markets closed in the green with the DOW 'sporting' 18,004, hugest since Dec, 2015. As everyone knows, The OPEC meeting in Doha was a dud and Morgan Stanley's 52% crash in earnings was better-than-expected. Treasury prices fell today, leading yields to end higher after logging Friday their largest weekly jump in a month earlier this year.
NEW YORK (Reuters) - The Dow Jones industrial average climbed to a nine-month high on Monday, as Hasbro and Disney shares lifted the consumer discretionary sector while investors braced for a flurry of quarterly earnings reports through the week.
CHICAGO (Reuters) - Discount retailer Target Corp has started raising employee wages to a minimum of $10 an hour, its second hike in a year, pressured by a competitive job market and labor groups calling for higher wages at retail chains, sources said. Target management has informed store managers, who in turn have started informing employees about the wage hike and most employees who earn less than $10 per hour should see their base pay go up in May, two sources with direct knowledge of the
(Reuters) - YP Holdings LLC, the digital advertising business of what was formerly called Yellowpages.com, is planning to submit a first-round bid on Monday to merge with Yahoo Inc , a source familiar with the matter said on Monday.
NEW YORK (Reuters) - Oil prices slid on Monday after a plan by major oil producers to freeze production was scuttled, but a Kuwaiti oil industry strike still helped the market to settle way off the day's lows.
BRUSSELS (Reuters) - China and other major steel-producing countries failed on Monday to agree measures to tackle a global steel crisis as the sides argued over the causes of overcapacity and whether Beijing is keeping loss-making producers afloat.
Brazil's lower house of parliament overwhelmingly voted to impeach wildly unpopular President Dilma Rousseff over the weekend "but the widely expected rally in the country's stocks and currency failed to materialize.
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