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By Shobhana Chandra, Bloomberg |
April 1, 2013
Manufacturing grew less than forecast in March as orders and production cooled, highlighting the risk of a U.S. economic slowdown this quarter as federal budget cuts take effect.
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By Julianna Goldman and Roxana Tiron, Bloomberg |
March 1, 2013
President Barack Obama said the automatic spending cuts set to kick in today will be a “slow grind” on the economy and that it may take weeks to win over enough lawmakers from both parties to reach a deal on a replacement deficit-cutting plan.
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By Philip McBride Johnson |
March 1, 2013
The "sequester" has taken effect. According to multiple news reports, an early casualty will be the shipbuilding industry, especially on the military side. But it will also make more difficult the full implementation of the derivatives piece of the Dodd-Frank Act.
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By Sarah Pringle and Corinne Gretler, Bloomberg |
March 1, 2013
U.S. stocks erased losses, after an early decline in the Standard & Poor’s 500 Index, as better-than-estimated data on consumer confidence and manufacturing tempered impending federal spending cuts.
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By Austin Kiddle |
March 1, 2013
In the past few days, positive economic data from the major economies have accompanied the falling safe-haven demand for gold.
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By Phil Flynn |
March 1, 2013
We seem to be entering the month of March more like a lamb than a lion, but that could be more because of the fact that U.S spending cuts may improve our balance sheet and help deflate asset bubbles like we have seen in metals, stocks and even oil.
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By Kathleen M. Howley, Bloomberg |
February 28, 2013
U.S. spending cuts scheduled to kick in tomorrow will constrain the availability of Federal Housing Administration mortgages that account for about a quarter of originations, threatening its role in the year-long housing recovery.
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By Susanne Walker, Bloomberg |
February 28, 2013
Treasuries rose for the first time in three days amid speculation the start of $85 billion in automatic federal spending reductions tomorrow will choke off the recovery in the world’s biggest economy.
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By Austin Kiddle |
February 27, 2013
As traders have already cut their long positions or added to their short positions, it did not take much for the gold price to rally back from a recent low level of $1,554.30.
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By Dominick Chirichella |
February 27, 2013
All of the normal macroeconomic data is playing a secondary role as the oil markets move in sync on each new 30 second news snippets regarding Italy, Bernanke, and the sequester.
