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It’s the best start for stocks in 15 years.
In what was mostly a slow and steady climb, the Dow Jones industrial average rose 3.4 percent in January and the Standard & Poor’s 500 gained 4.4 percent, the best performances for both indexes to open a year since 1997.
Investors were encouraged by modest but welcome improvement […]

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Valuations for U.S. equities have been stuck below the five-decade average for the longest period since Richard Nixon

Bank of England Governor Mervyn King said slower inflation gives policy makers room to increase bond purchases to aid the U.K. economy and guard against a

U.S. stock futures are mixed, portending a cautious opening as Greece holds another round of debt-reduction with its creditors.
Dow futures are down 3 points at 12,584. The broader S&P 500 futures are down 2 points to 1,308.
The Nasdaq composite is up 5 points to 2,430. The tech-heavy index is getting a boost from solid earnings […]

Almost all U.S. metropolitan areas will see job growth in 2012, but for many areas it will still take years for employment to return to pre-recession levels, according to a report released on Wednesday by the U.S. Conference of Mayors.
All but three U.S. metro areas will have job gains this year, led by expected […]

NEW YORK • The nation’s largest retail trade group expects a solid 3.4 percent increase in sales this year, below last year’s 4.7 percent increase as job woes weigh on shoppers.
Sales should reach $2.53 trillion this year, up from last year’s $2.45 trillion, boosted in part by higher prices across all goods, according to a […]

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Of the 1,600 job cuts announced earlier this month by Morgan Stanley, 580 will be at its home base in New York.
The relentless tug of the dismal economy is hitting employees in the banking sector hard, and it’s no surprise that many of the job cuts are hitting the epicenter of the financial industry. Citigroup, […]

A closely-watched survey shows German investor sentiment grew in December, ending a nine-month downward trend.
However, the rise was not as big as expected as Europe’s raging debt crisis weighs heavily on the continent’s largest economy.
The ZEW investor sentiment index for December released Tuesday was up 1.4 points to minus 53.8 points overall. Analysts had forecast […]