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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 Silla Brush |
March 5, 2013
The Obama administration has opened discussions with Gary Gensler about serving a possible second term as chairman of the CFTC.
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By Nikolaj Gammeltoft, Bloomberg |
March 4, 2013
The European plan to impose a levy on financial transactions will affect investors and companies trading in the U.S. and may harm market liquidity, William Brodsky of CBOE Holdings Inc., said today.
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By Inyoung Hwang, Sarah Pringle and Moming Zhou, Bloomberg |
March 4, 2013
U.S. stocks rose, sending the Dow Jones Industrial Average within 40 points of a record, amid optimism the Federal Reserve will continue to provide monetary stimulus.
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By Shobhana Chandra, Bloomberg |
March 4, 2013
Americans are finding it easier to borrow from banks, supporting consumer spending and business investment and helping fuel employment just as U.S. government budget cuts start to take hold.
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By Susanne Walker, Bloomberg |
March 1, 2013
Treasuries rose for a second day, with 10-year yields headed for the biggest weekly drop since September, as $85 billion of spending cuts that threatened to slow the world’s largest economy are set to be triggered.
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By Julianna Goldman and Roxana Tiron, Bloomberg |
March 1, 2013
President Barack Obama said the automatic spending cuts set to kick in today will be a “slow grind” on the economy and that it may take weeks to win over enough lawmakers from both parties to reach a deal on a replacement deficit-cutting plan.
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By Sarah Pringle and Corinne Gretler, Bloomberg |
March 1, 2013
U.S. stocks erased losses, after an early decline in the Standard & Poor’s 500 Index, as better-than-estimated data on consumer confidence and manufacturing tempered impending federal spending cuts.
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By Susanne Walker, Bloomberg |
February 28, 2013
Treasuries rose for the first time in three days amid speculation the start of $85 billion in automatic federal spending reductions tomorrow will choke off the recovery in the world’s biggest economy.
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By Michelle Jamrisko, Bloomberg |
February 28, 2013
The economy in the U.S. managed to barely expand in the fourth quarter as the smallest trade deficit in almost three years helped overcome the biggest plunge in defense spending since the Vietnam War era.
