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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
May 22, 2013
Many Federal Reserve officials said more progress in the labor market is needed before deciding to slow the pace of asset purchases, according to minutes of their last meeting.
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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 Debarati Roy, Bloomberg |
May 20, 2013
Gold and silver futures rebounded after Moody’s Investors Service said U.S. policy makers must address debt woes to avoid a credit-rating downgrade this year, boosting the appeal of the metals as a haven.
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By Susanne Walker, Bloomberg |
May 14, 2013
Treasury 10-year note yields reached seven-week highs as speculation the Federal Reserve may consider tapering its record bond-purchase program crimped demand for the securities as equities indexes traded at record levels.
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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 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 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.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
March 20, 2013
The Federal Reserve will keep up its bond buying at a pace of $85 billion a month even as the world’s largest economy and the job market pick up.
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By Brian Faler, Bloomberg |
March 12, 2013
U.S. House Budget Committee Chairman Paul Ryan today unveiled a revised tax-and-spending proposal that he says would eliminate the deficit within a decade by cutting $4.6 trillion out of a vast swath of federal expenditures.
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By Michelle Jamrisko, Bloomberg |
March 5, 2013
Service industries in the U.S. expanded in February at the fastest pace in a year, indicating executives of the biggest part of the economy were looking beyond the division in Washington over the nation’s budget.