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By Liz Capo McCormick and Daniel Kruger |
May 5, 2013
Bond investors are gaining confidence the Fed won't spark a crash while unwinding the central bank’s $3.3 trillion balance sheet.
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By Peter Burrows |
May 2, 2013
Apple Inc. avoided as much as $9.2 billion in taxes by financing part of a $55 billion stock buyback with debt rather than offshore cash.
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By James G. Neuger and Rebecca Christie, Bloomberg |
March 14, 2013
European leaders are loosening the economic shackles once demanded by Germany as the recession and mounting unemployment in southern Europe shove aside the debt crisis as the euro area’s biggest headache.
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By Brian Faler, Bloomberg |
March 12, 2013
U.S. House Budget Committee Chairman Paul Ryan today unveiled a revised tax-and-spending proposal that he says would eliminate the deficit within a decade by cutting $4.6 trillion out of a vast swath of federal expenditures.
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By Caroline Salas Gage, Bloomberg |
February 28, 2013
Household debt in the U.S. climbed 0.3% in the fourth quarter as student and auto loans rose along with credit-card balances, according to a Federal Reserve Bank of New York survey.
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By Mayumi Otsuma, Bloomberg |
January 8, 2013
Japan plans to use its foreign-exchange reserves to buy bonds issued by the European Stability Mechanism and euro-area sovereigns, as the nation seeks to weaken its currency, Finance Minister Taro Aso said.
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By Mike Dorning, Bloomberg |
January 4, 2013
Fresh from one budget fight, President Barack Obama and Congress are heading for an even bigger confrontation over raising the nation’s debt limit.
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By Allison Bennett and David Goodman, Bloomberg |
December 17, 2012
The yen fell to the weakest level since April 2011 versus the dollar after Shinzo Abe’s Liberal Democratic Party won Japanese elections yesterday, giving him a mandate to act on pledges of expanded monetary stimulus.
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By Elisa Martinuzzi, Gabi Thesing and Alan Katz |
November 27, 2012
A court will decide tomorrow whether the European Central Bank should release files on how Greece used derivatives to hide its debt.
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By Kasia Klimasinska and Meera Louis, Bloomberg |
November 13, 2012
The U.S. government’s budget deficit widened in October, the first month of the new fiscal year, as President Barack Obama and Congress seek an agreement to lower future gaps and avoid the so-called fiscal cliff.
