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By Lu Wang and Inyoung Hwang, Bloomberg |
May 21, 2013
U.S. stocks rose, erasing earlier losses, after Federal Reserve Bank of St. Louis President James Bullard said the central bank should continue its bond buying to boost growth that is slower than expected.
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By David Goodman and Candice Zachariahs, Bloomberg |
May 21, 2013
The yen weakened against the dollar, halting its biggest gain in three weeks, after Japan’s Economy Minister Akira Amari backed away from weekend comments that prompted the currency to rally.
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By Susanne Walker and Emma Charlton, Bloomberg |
May 21, 2013
Treasury 10-year note yields traded at almost the highest level in two months before Federal Reserve Chairman Ben S. Bernanke testifies on the economy in Congress tomorrow.
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By Laura Litvan |
May 20, 2013
Apple Inc. CEO Tim Cook will face off against U.S. senators leveling accusations that the iPhone maker is avoiding paying billions of dollars in U.S. taxes.
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By David J. Lynch |
May 16, 2013
The U.S. economy will continue to recover until at least 2015 without tumbling into a recession, a recent poll suggests.
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By Daniel Kruger and Liz Capo McCormick |
May 12, 2013
Wall Street’s biggest bond dealers are forecasting that the U.S. Treasury will reduce the size of its debt auctions in coming months.
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By Jeff Kearns, Bloomberg |
May 7, 2013
U.S. banks urged the Federal Reserve to take the lead in defending the financial services industry from cyber attacks by working with federal counterterrorism, intelligence and law enforcement agencies, documents show.
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By Laura Litvan and Andrew Mayeda, Bloomberg |
May 3, 2013
President Barack Obama is being pressed by opponents of the Keystone XL pipeline to tie any approval to measures that would curb climate change, reflecting mounting pressure on the administration to mitigate the project’s impact if it goes forward.
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By Joshua Zumbrun and Jeff Kearns, Bloomberg |
May 2, 2013
The Federal Reserve said it will keep buying bonds at a monthly pace of $85 billion while standing ready to raise or lower purchases as economic conditions evolve.
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By Meera Louis and Liz Capo McCormick, Bloomberg |
May 1, 2013
The U.S. Treasury Department said it plans a floating-rate note sale as early as the fourth quarter this year and signaled it may decide to “gradually” reduce coupon auction sizes.
