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By Shobhana Chandra, Bloomberg |
May 8, 2013
Four years into an expansion, the productivity of American workers has slowed and some economists say there are few signs it will soon rebound.
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By Margaret Collins and Noah Buhayar, Bloomberg |
May 6, 2013
Warren Buffett, chairman of Berkshire Hathaway Inc., said he ignores macroeconomic forecasts such as Bill Gross’s “new normal” when investing and sympathizes with people who stuck with bonds amid low interest rates.
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By Richard Rubin, Bloomberg |
April 22, 2013
A U.S. Senate bill that would let states impose sales taxes on purchases from out-of-state sellers could lead to state-level financial transaction taxes, a Wall Street trade association said.
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By Debarati Roy and Joe Richter, Bloomberg |
April 17, 2013
Investors are dumping gold funds at the fastest pace in two years in favor of equities, compounding a slump that has wiped $560 billion from the value of central bank reserves.
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By Sonja Elmquist, Bloomberg |
April 9, 2013
Alcoa Inc., the largest U.S. aluminum producer, reported first-quarter earnings that exceeded analysts’ estimates as demand from airplane and car manufacturers increased.
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By Michelle Jamrisko, Bloomberg |
March 6, 2013
The outlook for U.S. business spending is improving as rising earnings, easier credit and pent-up demand prompt companies from Warren Buffett’s Berkshire Hathaway Inc. to Chrysler Group LLC and Lowe’s Cos. to expand.
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By Jef Feeley and Allen Johnson Jr., Bloomberg |
February 25, 2013
BP Plc, Transocean Ltd. and Halliburton Co. are seeking to avoid billions of dollars in damages by proving in court that mistakes leading to the 2010 Gulf of Mexico oil spill didn’t amount to gross negligence.
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By Craig Torres and Cheyenne Hopkins, Bloomberg |
February 4, 2013
Top U.S. bank regulators and lawmakers are pushing for action to limit the risk that the government again winds up financing the rescue of one or more of the nation’s biggest financial institutions.
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By Jeanna Smialek, Bloomberg |
January 29, 2013
Confidence among U.S. consumers declined more than forecast in January, reaching the lowest level in more than a year as higher payroll taxes took a bigger bite out of Americans’ paychecks.
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By Cheyenne Hopkins, Bloomberg |
December 13, 2012
Volcker rule opponents are making their case for alternatives to the proprietary trading ban at a U.S. House Financial Services Committee hearing as regulators move closer to completing work on the Dodd-Frank Act measure.