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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
April 17, 2013
Global stocks fell amid losses in industrial metals and disappointing earnings from Bank of America Corp. and others. The euro weakened as Germany’s central bank chief Jens Weidmann reportedly said European policy makers may cut rates if needed.
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By Sandrine Rastello, Bloomberg |
April 10, 2013
The global economy won’t gain much traction this year as Europe and Japan fail to recover and lag behind other developed economies, International Monetary Fund Managing Director Christine Lagarde said.
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By Lu Wang, Bloomberg |
April 10, 2013
U.S. stocks rallied, sending the Standard & Poor’s 500 Index to its highest level ever, as China’s imports grew, Japan reiterated its stimulus plans and investors speculated earnings will beat estimates.
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By Richard Rubin, Bloomberg |
April 10, 2013
President Barack Obama wants to again rely on the top-earning U.S. households for most of the tax increases he’s proposing.
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By Mike Dorning, Bloomberg |
April 8, 2013
Less than a week after job-creation figures fell short of expectations and underscored the U.S. economy’s fragility, President Barack Obama will send Congress a budget that doesn’t include the stimulus his allies say is needed and instead embraces cuts in an appeal to Republicans.
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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 Drew Armstrong |
April 4, 2013
A surge in insurance stocks before the official government announcement on new Medicare rates is shining a spotlight on insider relationships.
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By Heidi Przybyla and Roger Runningen, Bloomberg |
April 4, 2013
The White House is telling lawmakers that President Barack Obama’s budget plan will mirror previous deficit-cutting proposals, which included changing the calculation for Social Security cost-of-living increases and tax brackets.
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By Phil Flynn |
April 2, 2013
While manufacturing reported weakness caused a drop in oil, heating oil led a product comeback. Yet it was natural gas that quietly closed above $4.00 that was perhaps the most interesting move of the day.
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By Richard Rubin |
March 31, 2013
President Barack Obama’s nominee for energy secretary reveals industry ties, as well as estimated net worth, in financial disclosure forms.
