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By Margaret Talev and Mike Dorning |
February 12, 2013
President Obama addressed the deficit, spending cuts, unemployment, a minimum wage spike and other potentially market-moving topics in his annual State of the Union address to Congress.
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By Shobhana Chandra, Bloomberg |
February 8, 2013
The trade deficit in the U.S. narrowed more than forecast in December, led by record exports of petroleum that gave the world’s largest economy a boost at the end of 2012.
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By Inyoung Hwang |
February 1, 2013
U.S. stocks rallied for a fifth week, with the Dow closing above 14000, on improvement in the labor market and better-than-expected earnings from key companies.
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By Shobhana Chandra, Bloomberg |
February 1, 2013
Manufacturing in the U.S. expanded more than forecast in January, reaching a nine-month high and showing the industry is starting to improve.
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By Shobhana Chandra, Bloomberg |
January 30, 2013
The economy in the U.S. unexpectedly shrank in the fourth quarter, restrained by the biggest plunge in defense spending in four decades and dwindling inventory growth, as household purchases picked up.
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By Stephen Kirkland and Susanne Walker, Bloomberg |
January 28, 2013
Treasury 10-year yields touched 2% for the first time since April after U.S. durable-goods orders climbed more than forecast. The Standard & Poor’s 500 Index retreated following an eight-day rally, its longest since 2004.
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By Shobhana Chandra, Bloomberg |
January 28, 2013
Orders for durable goods climbed more than forecast in December, showing U.S. manufacturing rebounded following a mid-year slump.
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By Nikolaj Gammeltoft and Alexis Xydias, Bloomberg |
January 7, 2013
Speculators are abandoning money-losing positions that stocks with the closest links to the U.S. economy will fall as America’s most-hated shares stage the best rally in a year relative to the broader market.
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By Michael P. Regan and Inyoung Hwang, Bloomberg |
December 31, 2012
Most U.S. stocks gained, rebounding from a five-day slump, as investors weighed prospects for a last-minute budget deal to avoid tax increases and spending cuts
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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.
