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By Phil Flynn |
March 21, 2013
Oil reacted to a bullish weekly Energy Information Administration report right after the Fed seemed to get out of the way.
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By Stephen Kirkland, Sarah Pringle and Lu Wang, Bloomberg |
March 19, 2013
Most U.S. stocks fell for a third day, the longest slump of the year for the Standard & Poor’s 500 Index, as Cyprus rejected a bank-deposit levy needed to secure European bailout funds.
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By Justin Pugsley |
March 8, 2013
Masaaki Shirakawa chaired his last monetary policy meeting this week as governor of the Bank of Japan. What follows now could be the next big leg down in the JPY exchange rate.
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By John Brynjolfsson |
March 5, 2013
A Chinese proverb, which could certainly be applied to the examination of monetary policy, advises: “if you want to know what the water is like, don’t ask the fish.” I take this advice to heart, as it fit my approach to life—step back and look at the big picture from...
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By Lindsay Fortado |
March 4, 2013
The U.K. finance regulator is facing lawmaker criticism that it missed warning signs on the rigging of benchmark interest rates for years.
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By Craig Torres, Josh Zumbrun and Caroline Salas Gage, Bloomberg |
February 26, 2013
Federal Reserve Chairman Ben S. Bernanke’s efforts to rescue the economy could result in more than a half trillion dollars of paper losses on the central bank’s books if interest rates rise abruptly from recent levels.
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By Maria Kolesnikova and Chanyaporn Chanjaroen, Bloomberg |
February 15, 2013
Commodities revenue of the 10 largest banks slumped 24% last year, the first contraction since at least 2008, according to Coalition, a London-based analytics company.
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By Jeff Greenblatt |
February 11, 2013
You can't keep a good man -- or a good market -- down, and stock indexes keep powering higher despite technical corrections.
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By Stefan Riecher, Bloomberg |
February 7, 2013
The European Central Bank left interest rates unchanged even as a stronger currency threatens the euro area’s recovery from recession.
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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.
