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By Michelle Jamrisko, Bloomberg |
January 11, 2013
The trade deficit unexpectedly widened in November as American retailers stocked up on imported goods for the holidays and demand for foreign automobiles rebounded following superstorm Sandy.
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By Anthony Effinger and Mary Childs |
January 8, 2013
Andrew Feldstein, the Harvard-educated lawyer who leads BlueMountain Capital Management LLC, has had a good run.
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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 Alex Kowalski, Bloomberg |
January 4, 2013
Service industries in the U.S. expanded in December at the fastest pace in 10 months, helping spur the world’s largest economy at the end of 2012.
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By Shobhana Chandra, Bloomberg |
January 2, 2013
Manufacturing in the U.S. expanded in December at a pace that shows the industry is stabilizing after reaching a three-year low a month earlier.
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By Lorraine Woellert, Bloomberg |
January 2, 2013
Spending on U.S. construction projects unexpectedly dropped in November, restrained by declines in non-residential building and public works.
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By Roxana Tiron and Hans Nichols, Bloomberg |
December 18, 2012
House Speaker John Boehner said he will push a budget “plan B” measure that would include tax increases on income of more than $1 million, while continuing to negotiate with President Barack Obama.
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By Inyoung Hwang, Bloomberg |
December 17, 2012
The U.S. budget debate is holding stocks hostage, as chief executive officers prepare to cut capital spending for the first time since 2009 should President Barack Obama and Congress fail to reach an accord.
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By Steve Matthews and Shobhana Chandra, Bloomberg |
December 12, 2012
American companies are poised to put idle cash to work as demand rebounds in 2013 after spending slumped amid the slowdown in China and Europe’s recession.
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By Rita Nazareth and Namitha Jagadeesh, Bloomberg |
December 5, 2012
U.S. stocks were little changed, after a two-day decline in the Standard & Poor’s 500 Index, as China eased restrictions on investing in banks and investors watched developments on budget negotiations in Washington.
