NEW YORK – Wall Street stocks rallied Thursday as sentiment was lifted by an EU pledge to help Greece stave off a debt crisis and better-than-expected US labour market data. The Dow Jones Industrial Average overcame a weak start and climbed 105.81 points (1.05 percent) to close at 10,144.19, rebounding from modest losses Wednesday. The [...]

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The biggest Australian jobs boom in five years may make it harder for central bank GovernorGlenn Stevens to extend a pause in recent interest-rate gains. Investors doubled bets the Reserve Bank of Australia will raise the overnight cash rate target by a quarter percentage point to 4 percent next month after a report yesterday showed employers [...]

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Worries about Greece, its problems far from solved, have temporarily been put to the side, as traders shift focus to the more mundane January retail sales report Friday. January sales are expected to come in with a slight gain of 0.3 percent, compared to December’s 0.3 percent decline. Economists forecast that if autos are excluded, [...]

Euro, greece, US Hide