NEW YORK (Reuters) - U.S. stock index futures pointed to a lower open on Friday, putting major indexes on track for a sharply lower week as Thursday's decline on global growth concerns looked to be extended.
LONDON (Reuters) - Global shares fell to a six-month trough and Brent crude futures tumbled to their lowest since 2010 on Friday as investors worried about the prospect of a widespread economic slowdown just as U.S. monetary stimulus nears its end.
(Reuters) - In changes that have raised the potential investment risks in many 401(k) retirement accounts, several major fund companies are increasing the stock allocation of their target date funds, which are used by many of those with such plans.
LAS VEGAS (Reuters) - The Federal Reserve will probably start raising interest rates around the middle of next year, two top officials at the U.S. central bank said on Thursday, although both said the exact timing will depend on the economy.
FRANKFURT/LONDON (Reuters) - The results of Europe's most comprehensive review of banks' health will be released on Oct. 26, the European Central Bank and the European Banking Authority said on Friday, which will give the clearest picture yet of the state of the sector.
(Reuters) - A resurgence in spending helped by an improving U.S. economy bolstered back to school season sales for retailers in September, but stagnant wages may force more discounting in the coming months, keeping pressure on margins.
(Reuters) - The showdown between Darden Restaurants Inc and activist investor Starboard Value LC will come to a boil at the company's annual meeting on Friday, where the Olive Garden parent is expected to at minimum lose control of its board.