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By Lorraine Woellert, Bloomberg |
May 17, 2013
Americans’ confidence in the economy climbed in May to the highest level in almost six years as rising real estate values and record stock prices boosted household wealth.
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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 Nicholas Larkin, Bloomberg |
February 28, 2013
Rhodium, the scarcest precious metal used in making catalytic converters, is outperforming platinum and palladium for the first time in seven years as global car sales rise to a record.
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By Liz Capo McCormick, Bloomberg |
February 19, 2013
As President Barack Obama starts his second term, the bond market is already telling him that the administration’s forecasts for economic growth over the next four years are too optimistic.
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By Joe Richter, Bloomberg |
January 8, 2013
Demand for palladium, last quarter’s best-performing precious metal, is exceeding supply for a second consecutive year as mine production stagnates while sales by automakers, the biggest buyers, reach record highs.
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By Agnieszka Troszkiewicz and Maria Kolesnikova, Bloomberg |
December 26, 2012
The record glut in aluminum will be no bar to rising prices because of delays in getting metal from warehouses, even as Barclays Plc advises investors to sell and Morgan Stanley says it has the worst outlook of any commodity.
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By Shobhana Chandra, Bloomberg |
December 13, 2012
Retail sales in the U.S. rose in November as demand for automobiles rebounded and holiday shoppers snapped up electronics and clothes.
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By Rita Nazareth, Bloomberg |
October 26, 2012
U.S. stocks were little changed, with the Standard & Poor’s 500 Index on pace for a weekly decline, as investors watched economic and earnings reports.
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By Inyoung Hwang, Bloomberg |
October 10, 2012
U.S. stocks fell, extending losses in the Standard & Poor’s 500 Index to a fourth day, as Alcoa Inc.’s forecast fueled concern over corporate earnings and global economic growth.
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By Matthew Malinowski, Bloomberg |
October 8, 2012
Analysts covering Brazil’s economy raised their 2012 inflation forecast for a 13th straight week, as record low borrowing costs and a recovery in Latin America’s biggest economy stokes demand.