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By Shobhana Chandra and Steve Matthews, Bloomberg |
October 1, 2012
Weakening demand is forcing new and accelerated cost reductions at companies from Bank of America Corp. and Hewlett-Packard Co. to Staples Inc. and Eastman Kodak Co., dimming the outlook for an already struggling U.S. labor market.
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By Anthony Lazzara |
October 1, 2012
A longer term downtrend line is still in place in sugar, so we are not quite calling this a bull market, yet strength is building.
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By Aki Ito and Joe Carroll, Bloomberg |
September 26, 2012
Federal Reserve Bank of Chicago President Charles Evans said policy makers must not be passive in the face of high U.S. unemployment, firing back at critics of the Fed’s decision this month to step up record stimulus.
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By Susanne Walker and Anchalee Worrachate, Bloomberg |
September 26, 2012
Treasury 10-year notes rose for an eighth day, the longest run of gains since December 2008, as investors sought safety with Spanish debt yields climbing toward levels that prompted other European nations to seek bailouts.
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By Joshua Zumbrun, Bloomberg |
September 20, 2012
Federal Reserve Bank of Boston President Eric Rosengren said the central bank’s third round of quantitative easing will bolster the housing market and economy while helping to prevent lasting damage to the labor market.
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By Steve Matthews and Aki Ito, Bloomberg |
September 19, 2012
Federal Reserve Bank of Dallas President Richard Fisher said the central bank’s third round of large-scale asset purchases has led to an increase in market expectations for higher inflation without more job creation.
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By Austin Kiddle |
September 19, 2012
The natural question to ask is when will gold price breach the year-ago record high of $1,920? While no one can predict the timing, we do know that gold price typically has followed a consolidation pattern.
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By Joshua Zumbrun and Jeff Kearns, Bloomberg |
September 12, 2012
The Federal Reserve is likely to announce a third round of bond purchases tomorrow, according to almost two-thirds of economists in a Bloomberg survey, while also extending the duration of its zero-interest-rate policy into 2015.
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By Steve Matthews and Sara Eisen, Bloomberg |
August 31, 2012
Federal Reserve Bank of St. Louis President James Bullard said policy makers should wait for more data before deciding on “big action” to boost the economy.
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By Jeff Kearns, Bloomberg |
August 29, 2012
The Federal Reserve said the U.S. economy continued to expand “gradually” in July and early August as improvement in housing and retail sales helped outweigh weakness in manufacturing.
