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By John Detrixhe, Bloomberg |
June 19, 2013
The dollar rallied the most in two months versus the euro as Federal Reserve Chairman Ben S. Bernanke said the central bank could reduce its bond-buying this year and end it next year if economic improvement continues.
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By Lorraine Woellert, Bloomberg |
June 18, 2013
The cost of living in the U.S. rose less than forecast in May, restrained by the first drop in food prices in almost four years and signaling inflation remains under control.
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By Susanne Walker and Anchalee Worrachate, Bloomberg |
June 17, 2013
Treasury 10-year note yields were in the narrowest range in seven weeks as investors weighed whether the U.S. economy was strong enough for the Federal Reserve to reduce bond purchases designed to hold down borrowing costs.
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By Jeanna Smialek, Bloomberg |
June 17, 2013
Confidence among U.S. homebuilders surged in June to the highest level in seven years, reflecting gains in sales as Americans rushed to take advantage of low mortgage rates.
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By Michelle Jamrisko, Bloomberg |
June 14, 2013
Consumer confidence in June eased from a six-year high as progress in the labor market supported Americans’ views of the economic outlook.
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By Dan Levy and Heather Perlberg, Bloomberg |
June 13, 2013
Home repossessions in the U.S. jumped 11% in May after declining for the previous five months as rising prices and limited inventory for sale across the country spurred banks to complete foreclosures.
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By Ari Altstedter and Joseph Ciolli, Bloomberg |
June 11, 2013
The yen rose the most in three years against the dollar as the Bank of Japan refrained from adding more stimulus measures that tend to weaken a currency.
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By Michelle Jamrisko, Bloomberg |
June 6, 2013
Household wealth in the U.S. jumped to a record in the first quarter, exceeding its pre-recession peak for the first time, bolstered by gains in the stock and housing markets that are helping Americans mend finances.
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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 Lu Wang and Sonja Elmquist, Bloomberg |
June 5, 2013
Alcoa Inc.’s speculative-grade credit ranking at Moody’s Investors Service makes it only the second junk-rated Dow Jones Industrial Average company in at least three decades. It took four years for the first to be ejected.
