IRS Identity-Theft Prevention Tool Targeted by Identity Thieves

TODAY: May 5, 2016 PUB DATE: March 8, 2016

By Richard Rubin WASHINGTON--One of the Internal Revenue Service's tools for fighting identity theft was itself susceptible to identity thieves. The agency said Monday that it had suspended a service on its website that allowed past victims of tax-refund identity ...

China Feb Exports Contract ?25.4% on Year in Dollar Terms

TODAY: May 5, 2016 PUB DATE: March 8, 2016

BEIJING--China's exports in dollar terms fell for the ?eighth straight month in ?February ??from a year earlier, as the world's second largest economy continued to lose momentum. Exports slid ?25.4?% from a year earlier following a drop of ??11.2% in ...

Fed Denies Breach of Bangladesh Central Bank Account

TODAY: May 5, 2016 PUB DATE: March 8, 2016

By Katy Burne The Federal Reserve Bank of New York said Monday that it had no evidence of any breach of its systems related to an account held there by Bangladesh's central bank. The New York Fed issued the statement ...

Johnson & Johnson's Ethicon Unit to Buy NeuWave

TODAY: May 5, 2016 PUB DATE: March 8, 2016

By Josh Beckerman Johnson & Johnson (JNJ) medical-device unit Ethicon agreed to buy NeuWave Medical Inc. NeuWave developed a system that eliminates soft-tissue lesions with microwave energy and is used by cancer patients. Financial terms weren't disclosed. Ethicon said in ...

OECD Leading Indicators Point to Slowing Global Growth

TODAY: May 5, 2016 PUB DATE: March 8, 2016

By Paul Hannon The global economy is set to slow over coming months, with growth weakening in most developed economies even as it stabilizes in China, according to leading indicators released Tuesday by the Organization for Economic Cooperation and Development. ...

Germany's Merck Boosted by Life Sciences

TODAY: May 5, 2016 PUB DATE: March 8, 2016

DARMSTADT, Germany?German pharmaceuticals group Merck KGaA on Tuesday reported a rise in underlying fourth-quarter profit, driven by growth in its life sciences business. The company's closely watched earnings before interest, taxes, depreciation and amortization before one-time items rose 6.3% to ...

Canada Building Permits Decline in January -- Update

TODAY: May 5, 2016 PUB DATE: March 8, 2016

By Kim Mackrael OTTAWA--Canadian building permits declined more than expected in January, led by lower construction intentions for multi-family dwellings. The total value of building permits issued by Canadian municipalities in January fell 9.8% to 6.37 billion Canadian dollars ($4.80 ...

Canada Housing Starts Up 28.8% in February from January

TODAY: May 5, 2016 PUB DATE: March 8, 2016

By Judy McKinnon TORONTO--Canadian housing starts rose 28.8% to an annual rate of 212,594 units in February, Canada Mortgage and Housing Corp. said Tuesday, fueled by a jump in starts for multi-unit housing. The result outpaced the 180,000 units analysts ...

BOE's Carney Supports U.K.'s EU Deal

TODAY: May 5, 2016 PUB DATE: March 8, 2016

LONDON?The Bank of England said Tuesday that the U.K.'s new deal with the European Union should help it achieve its twin objectives of maintaining low and stable inflation and preserving financial stability. The BOE said in a letter to parliament's ...

S&P 500, Nasdaq Futures -- Technical Analysis

TODAY: May 5, 2016 PUB DATE: March 8, 2016

Chicago Mercantile Exchange March S&P; 500 Futures 2108.90 -- lifetime high 2017.63 -- second pivot point resistance 2006.27 -- first pivot point resistance 2004.00 -- previous day's high 1999.10 -- previous day's close 1990.63 -- 100-day moving average 1991.95 -- ...

Honeywell Debt Deal Leaves Sour Taste For European Investors

TODAY: May 5, 2016 PUB DATE: March 8, 2016

By Christopher Whittall Last month, investor Tom Ross bought bonds from Honeywell International Inc., one of a growing number of U.S. companies issuing debt in Europe. Days later, Mr. Ross was at his desk when a headline made him do ...

Oil Prices Fall Back After Recent Gains

TODAY: May 5, 2016 PUB DATE: March 8, 2016

By Christian Berthelsen, Miriam Malek and Kevin Baxter Oil prices sold off sharply Tuesday, giving back a chunk of their prior-day surge, as fresh signals of global oversupply and weak demand buffeted the market and analysts cautioned that the recent ...

BOE's Next Interest Rate Move Likely to Be Up

TODAY: May 5, 2016 PUB DATE: March 8, 2016

By Jason Douglas LONDON--Inflationary pressures in the U.K. are increasing and the Bank of England's next move is more likely to be an interest-rate increase than a cut, one of the BOE's nine rate-setters said Tuesday. Martin Weale said in ...

U.S. Energy Agency Sees Lower Global Oil Prices

TODAY: May 5, 2016 PUB DATE: March 8, 2016

The U.S. Energy Department lowered its price expectations for the global Brent crude contract this year and next, saying it expected supplies to grow more than previously anticipated because robust production has persisted despite the market collapse. The U.S. Energy ...

Oil Prices Fall Back After Recent Gains

TODAY: May 5, 2016 PUB DATE: March 8, 2016

By Christian Berthelsen, Miriam Malek and Kevin Baxter Oil prices sold off sharply Tuesday, giving back a big chunk of prior-day surge, as fresh signals of global oversupply and weak demand buffeted the market and analysts cautioned that the recent ...