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By Bloomberg News |
June 19, 2013
China’s government said the nation’s financial system must “better” serve economic growth under a prudent monetary-policy framework as the cost of borrowing on the interbank market surged.
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By Mary Schlangenstein, Bloomberg |
June 19, 2013
FedEx Corp., the world’s largest cargo airline, sees full-year earnings rising as much as 13% as it reduces costs and jobs to counter customers’ preference for less expensive international shipping services.
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By Jeanna Smialek and Lorraine Woellert, Bloomberg |
June 18, 2013
Builders began work on more U.S. houses in May and permits for new single-family homes rose to a five-year high as residential real estate underpins an economy that’s generating little inflation.
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By Paul Dobson and Inyoung Hwang, Bloomberg |
June 18, 2013
U.S. stocks climbed for a second day while the yen weakened as investors awaited clues from the Federal Reserve about its plans for monetary stimulus. U.K. and German government bonds dropped while European equities were little changed.
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By Timothy R. Homan and Chris Strohm, Bloomberg |
June 18, 2013
Intelligence-gathering efforts by the U.S. have helped prevent more than 50 terrorist attacks in more than 20 countries, including one planned at the New York Stock Exchange, government officials said.
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By Anthony Lazzara |
June 18, 2013
The SEP13 E-mini S&P 500 has looked very bullish over the past few sessions, as upbeat economic data has affirmed a bullish tone for investors, even in the face of more “tapering” talk in the markets.
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By Paul Dobson and Inyoung Hwang, Bloomberg |
June 18, 2013
U.S. stocks climbed for a second day while the yen weakened as investors awaited clues from the Federal Reserve about its plans for monetary stimulus. U.S., U.K. and German government bonds dropped while European equities were little changed.
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By Mathieu Rosemain, Bloomberg |
June 18, 2013
European car sales fell to a 20-year low in May as record joblessness caused by a recession in the euro area reduced demand at PSA Peugeot Citroen, Renault SA, Fiat SpA and General Motors Co.
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By Jeanna Smialek, Bloomberg |
June 18, 2013
Beginning construction of new U.S. homes increased in May and permits to build single-family houses rose to a five-year high, extending a rebound that is helping shore up the expansion.
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By Lorraine Woellert, Bloomberg |
June 18, 2013
The cost of living in the U.S. rose less than forecast in May, restrained by the first drop in food prices in almost four years and signaling inflation remains under control.
