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European stocks tumbled to a two- month low amid mounting concern about the region’s debt crisis and as a U.S. report showed employers in the world’s largest economy added fewer jobs in March than forecast. UniCredit SpA (UCG), Intesa Sanpaolo SpA and Banca Popolare Di Milano Scarl (PMI) dropped more than 6.5 percent. Banco Santander [...]

Stocks (SXXP) fell, U.S. index futures reversed earlier gains and the yen strengthened as earnings missed estimates and Standard & Poor’s said Greece may have to restructure its debt again. Spanish and Italian bonds dropped. The Stoxx Europe 600 Index (SXXP) lost 0.8 percent at 7:25 a.m. in New York. S&P 500 Index futures slipped [...]

The productivity of U.S. workers rose at a slower pace in the fourth quarter and labor costs jumped, indicating businesses are reaching the limit of wringing efficiency from their workforce. The measure of employee output per hour climbed at a 0.9 percent annual rate, after a 1.8 percent gain in the prior three months, revised [...]

Consumer confidence in the U.S. increased last week to the highest level since April 2008 as more Americans had a favorable view of their finances. The Bloomberg Consumer Comfort (COMFCOMF) Index rose to minus 38.4 in the period ended Feb. 19, its fifth consecutive gain, from minus 39.8 the previous week. It marked the second [...]

New U.S. claims for unemployment benefits were unchanged last week, holding at the lowest level since the early days of the 2007-2009 recession and giving a fresh sign the battered labor market is healing. Workers filed 351,000 initial claims for state unemployment benefits, the Labor Department said on Thursday. The prior week’s figure was revised [...]

The number of Americans filing first- time claims for unemployment insurance payments unexpectedly declined last week, indicating the labor market recovery is gaining traction. Applications for jobless benefits decreased 15,000 in the week ended Feb. 4 to 358,000, Labor Department figures showed today. Economists forecast 370,000 claims, according to the median estimate in a Bloomberg [...]

European stocks rose, with the Stoxx Europe 600 Index extending this week’s rally, before reports that may add to optimism that the American economic recovery is gathering strength. U.S. index futures and Asian shares also advanced. Wavin NV (WAVIN) jumped 16 percent after Mexichem SAB increased its bid for the Dutch manufacturer by 11 percent [...]

European stocks advanced, extending this week’s gains, after U.S. jobless claims unexpectedly fell last week to the lowest since April 2008, indicating the recovery in the world’s largest economy is on track. International Consolidated Airlines Group SA and Deutsche Lufthansa AG (LHA) climbed after the parent of British Airways reached a binding agreement to buy [...]

The global economy is showing signs of withstanding a European recession triggered by the debt debacle in Greece. The U.S. unemployment rate fell to 9 percent last month, the lowest since April, from 9.1 percent in September, the Labor Department reported Nov. 4. Chinese manufacturing continued to expand in October, based on an index compiled [...]