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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
April 15, 2013
Commodities fell to a nine-month low, led by the worst plunge in gold since 1980, and global stocks slid the most since June as China’s economic growth unexpectedly slowed and investors speculated hedges against inflation were unneeded.
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By Alex Kowalski, Bloomberg |
April 12, 2013
Retail sales in the U.S. unexpectedly fell in March by the most in nine months as employment slowed, showing households ended the first quarter on softer footing.
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By Shobhana Chandra and Lorraine Woellert, Bloomberg |
April 11, 2013
Applications for unemployment benefits in the U.S. plunged more than forecast last week unwinding a surge caused by the Easter holiday and spring break at schools.
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By Dawn Kopecki |
April 10, 2013
JPMorgan Chase & Co. will face more regulatory sanctions in the coming months due to record trading losses tied to bad bets.
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By Sandrine Rastello, Bloomberg |
April 10, 2013
The global economy won’t gain much traction this year as Europe and Japan fail to recover and lag behind other developed economies, International Monetary Fund Managing Director Christine Lagarde said.
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By Lu Wang, Bloomberg |
April 10, 2013
U.S. stocks rallied, sending the Standard & Poor’s 500 Index to its highest level ever, as China’s imports grew, Japan reiterated its stimulus plans and investors speculated earnings will beat estimates.
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By Richard Rubin, Bloomberg |
April 10, 2013
President Barack Obama wants to again rely on the top-earning U.S. households for most of the tax increases he’s proposing.
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By Craig Torres, Bloomberg |
April 9, 2013
Federal Reserve Bank of Richmond President Jeffrey Lacker said plans to limit the size or change the structure of the largest financial institutions must be made with the intent of allowing a failure without government aid.
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By Dave Michaels, Bloomberg |
April 8, 2013
The U.S. Senate confirmed Mary Jo White to lead the Securities and Exchange Commission, putting the former U.S. attorney in charge of an agency that has failed to satisfy critics with its response to the financial crisis.
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By Mike Dorning, Bloomberg |
April 8, 2013
Less than a week after job-creation figures fell short of expectations and underscored the U.S. economy’s fragility, President Barack Obama will send Congress a budget that doesn’t include the stimulus his allies say is needed and instead embraces cuts in an appeal to Republicans.
