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By Inyoung Hwang and Lu Wang, Bloomberg |
May 3, 2013
U.S. stocks rose, sending the Dow Jones Industrial Average above 15,000 for the first time, as employment picked up more than forecast in April and the jobless rate unexpectedly declined to a four-year low.
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By Michelle Jamrisko, Bloomberg |
May 3, 2013
Service industries in the U.S. expanded in April at the slowest pace in nine months, adding to signs that the world’s largest economy is cooling.
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By Joshua Zumbrun and Jeff Kearns, Bloomberg |
May 2, 2013
The Federal Reserve said it will keep buying bonds at a monthly pace of $85 billion while standing ready to raise or lower purchases as economic conditions evolve.
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By Shobhana Chandra, Bloomberg |
May 1, 2013
Manufacturing in the U.S. expanded in April at the slowest pace in four months, indicating the industry will contribute less to U.S. growth this quarter.
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By Alexis Xydias and Whitney Kisling, Bloomberg |
April 15, 2013
Capitulating bears and overseas buyers are drowning out every other concern for American stocks, pushing the Standard & Poor’s 500 Index to successive records even after the biggest drop in Treasury yields since June.
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By Anna-Louise Jackson and Anthony Feld, Bloomberg |
April 12, 2013
Companies sensitive to changes in the yield on 10-year Treasury notes are leading the market, suggesting that some equity investors have been premature in anticipating higher interest rates.
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By Joshua Zumbrun, Bloomberg |
April 8, 2013
During the past three years, the Fed planned to cut accommodation early in the year only to boost it after economic growth lagged behind its forecasts. This time, Federal Reserve policy makers are prepared for the summertime slump.
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By Phil Flynn |
April 5, 2013
The day after a wildly bearish Energy Information Administration supply report showed that crude supplies are at the highest level for this time of year in 82 years, central banks and economic data in U.S. piled on to one of the most significant sell-off events this year.
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By Lindsey Rupp and Nikolaj Gammeltoft, Bloomberg |
April 3, 2013
U.S. stocks fell, dragging the Standard & Poor’s 500 Index down from a record, as financial and energy shares tumbled after oil plunged and worse-than-estimated data spurred concern over economic growth.
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By Shobhana Chandra, Bloomberg |
April 3, 2013
Service industries in the U.S. expanded in March at the slowest pace in seven months as new orders and employment cooled.
