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By Anuchit Nguyen and Maria Levitov, Bloomberg |
June 10, 2013
Emerging-market currencies weakened, led by South Africa’s rand, on speculation the Federal Reserve will scale back stimulus and signs of a slowdown in China. Turkey’s lira sank.
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By Jeff Greenblatt |
June 10, 2013
When markets are looking for an excuse to rally, they rally.
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By Lorraine Woellert, Bloomberg |
June 7, 2013
American employers took on more workers than forecast in May as the world’s largest economy weathered the impact of higher taxes and federal spending cuts.
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By Cordell Eddings and Daniel Kruger, Bloomberg |
June 7, 2013
Treasuries fell after U.S. payrolls increased in May more than forecast even as the jobless rate unexpectedly rose, keeping alive speculation the Federal Reserve may slow its bond-buying under quantitative-easing stimulus.
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By Jeff Kearns, Bloomberg |
June 7, 2013
The Federal Reserve says it will keep buying bonds until the labor market has “improved substantially,” without defining the phrase. Officials may have adopted a threshold nevertheless, say two former Fed economists.
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By Michael P. Regan and Nikolaj Gammeltoft, Bloomberg |
June 6, 2013
The yen surged the most in two years and the euro jumped as Italian and Spanish bonds sank after European Central Bank President Mario Draghi said growth should return and more stimulus measures will be left “on the shelf.”
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
June 5, 2013
The economy expanded at a “modest to moderate” pace in 11 of 12 Federal Reserve districts, with broad-based gains ranging from business services to construction and manufacturing, the central bank said today.
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By James Stafford |
June 5, 2013
Technology is what has driven the American oil and gas boom, and new advances are coming online constantly. It's enough to rival the Saudis, if the Kingdom allows it to happen.
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By Douglas MacMillan and Adam Satariano, Bloomberg |
May 29, 2013
Apple Inc. Chief Executive Officer Tim Cook, seeking to quell concerns about the company’s ability to innovate in consumer electronics, said his staff “has several more game changers” in the pipeline.
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By Frank Holmes |
May 29, 2013
The more important demand for gold, in my opinion, comes from the enduring Love Trade, as countries like China and India buy the precious metal out of love and tradition.
