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By Toni Hansen |
May 10, 2013
Next week has a number of important reports on tap for traders including Retail Sales, PPI and Industrial Production.
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By Jennifer Ryan and Ian Katz, Bloomberg |
May 10, 2013
U.S. Treasury Secretary Jacob J. Lew said European policy makers are still falling short in efforts to revive their economy, intensifying pressure on them to further ease their budget-cutting.
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By Craig Torres, Bloomberg |
May 10, 2013
Federal Reserve Chairman Ben S. Bernanke said risks persist in wholesale funding markets used frequently by Wall Street brokers to finance securities trading.
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By Bloomberg News |
May 9, 2013
China’s overnight money-market rate rose for a second day on speculation the central bank will curb the cash supply.
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By Joshua Zumbrun, Bloomberg |
May 9, 2013
Federal Reserve Bank of Philadelphia President Charles Plosser said unemployment will probably fall to 7% at the end of 2013 and he would favor reducing the Fed’s $85 billion monthly pace of bond purchases next month.
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By Joseph Ciolli and John Detrixhe, Bloomberg |
May 9, 2013
The yen weakened beyond 100 per dollar for the first time in four years as the Bank of Japan’s deflation-fighting measures have the currency headed for its longest streak of monthly losses in almost two decades.
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By Scott Hamilton and Jennifer Ryan, Bloomberg |
May 9, 2013
The Bank of England left its stimulus program unchanged as officials assess recent signs of strength in the economy after it returned to growth in the first quarter.
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By Prashant Gopal, Bloomberg |
May 9, 2013
Prices for single-family homes increased in 89 percent of U.S. cities in the first quarter as the housing market extends a recovery from a five-year slump.
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By Alex Kowalski, Bloomberg |
May 9, 2013
The number of Americans filing claims for jobless benefits unexpectedly dropped last week to the lowest level in more than five years, a signal employers are confident enough in the economic outlook to hold onto workers.
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By Christine Harper and Alexis Leondis, Bloomberg |
May 9, 2013
Bill Rubin, a senior investment analyst at BlackRock Inc. who picks financial-company stocks, didn’t mince words a year ago when he e-mailed JPMorgan Chase & Co. right after the bank disclosed a trading loss that ultimately cost more than $6.2 billion.
