| | Wall Street ends mixed on Bernanke's comments | NEW YORK (Reuters) - Stocks finished mixed on Thursday as optimism about China's interest-rate cut was offset by Federal Reserve Chairman Ben Bernanke's comments, which dimmed hopes for more U.S. stimulus. | | | | | Jobless claims fall for first time since April | WASHINGTON (Reuters) - The number of Americans lining up for new jobless benefits fell last week for the first time since April, a hint that a slowdown in hiring last month may only be temporary. | | | | U.S. rating faces 2013 cut if no credible plan: Fitch | NEW YORK (Reuters) - Fitch Ratings reiterated on Thursday it would cut its sovereign credit rating for the United States next year if Washington cannot come to grips with its deficits and create a "credible" fiscal consolidation plan. | | | | | | Blankfein says did not OK Gupta to share board information | NEW YORK (Reuters) - The chief executive of Goldman Sachs Group Inc told a federal court jury on Thursday that he did not authorize former board member Rajat Gupta to share information about the bank that was discussed at board meetings. | | | | | | Bernanke offers few hints of Fed stimulus | WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Thursday the U.S. central bank was ready to shield the economy if financial troubles mount, but offered few hints that further monetary stimulus was imminent. | | | | Blackstone sees high returns in energy | BOSTON (Reuters) - Private equity investments in energy offer rich pickings for investors willing to take a long-term view and capitalize on global trends, despite recent market volatility, the energy chief of Blackstone Group LP said on Thursday. | | | | | | Best Buy founder resigns, puts large stake in play | (Reuters) - Best Buy Co Inc founder and chairman Richard Schulze resigned from the company's board on Thursday and said he was exploring options for his 20.1 percent ownership stake, a move seen as a possible precursor of a Schulze-led private takeover. | | | | | | China surprises with interest rate cut | BEIJING (Reuters) - China delivered twin surprises on interest rates on Thursday, cutting borrowing costs to combat faltering growth while giving banks additional flexibility to set competitive lending and deposit rates in a step along the path of liberalization. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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