Sales of American Eagle gold coins by the U.S. Mint this year have surpassed the total for all of 2012 as the futures market, which tumbled into a bear market in April, heads for the first annual decline since 2000.
AT&T Inc. executives are laying the groundwork internally for a potential takeover of Vodafone Group Plc next year, mapping out a strategy for a complex deal with Europe’s largest mobile carrier, people familiar with the situation said.
The Canadian dollar rose against a majority of its 16 most-traded peers after a report yesterday that the nation’s economy grew more than forecast in August eased concern caused when the Bank of Canada lowered growth forecasts last week.
U.S. stocks rose, halting the first two-day drop in the Standard & Poor’s 500 Index in three weeks, as optimism about corporate earnings offset concern that improving economic data could prompt the Federal Reserve to trim stimulus.
Carson Block, the Muddy Waters LLC founder whose short call prompted a 62 percent plunge in NQ Mobile Inc., said the stock will be delisted within a year. NQ’s co-chief executive officer said the prediction is “absurd.”
The dollar rose for a sixth day while Treasuries slid as faster-than-forecast growth in manufacturing fueled speculation the Federal Reserve will taper bond purchases. U.S. stocks climbed after a two-day drop while the S&P GSCI Index of commodities sank to a four-month low.