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By Shobhana Chandra, Bloomberg |
April 1, 2013
Manufacturing in the U.S. expanded less than forecast in March as factories slowed production and orders waned.
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By Whitney Kisling, Bloomberg |
March 29, 2013
The Standard & Poor’s 500 Index’s record rally probably has another year to go as investors give up their pessimism and buy, according to Laszlo Birinyi, one of the first money managers to tell clients to buy before the bull market began.
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By John Detrixhe, Bloomberg |
March 28, 2013
The euro gained the most this week versus the dollar as falling Spanish and Italian government bond yields signaled Cyprus’s banking crisis may be contained.
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By Sarah Pringle, Bloomberg |
March 27, 2013
U.S. stocks declined, after the Standard & Poor’s 500 Index yesterday approached a record high, amid concern over Europe’s debt crisis and as pending American home sales slipped in February.
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By Steve Matthews and Michelle Jamrisko, Bloomberg |
March 27, 2013
Federal Reserve Bank of Boston President Eric Rosengren said he wants to continue the central bank’s bond purchases through year’s end and raise or lower the pace in response to economic data.
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By Alex Kowalski, Bloomberg |
March 25, 2013
American consumers, who kept shopping through rising fuel costs and delayed tax refunds, will probably continue buoying the world’s largest economy as these hurdles dissipate.
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By John Detrixhe and Joseph Ciolli, Bloomberg |
March 20, 2013
The euro strengthened from a four- month low against the dollar as Cyprus sought alternatives to the European Union plan to help the nation avoid a banking collapse and the Federal Reserve maintained stimulus measures.
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By Andrew Zajac |
March 16, 2013
The Federal Energy Regulatory Commission lacks authority over futures contracts, a U.S. appeals court ruled.
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By Moming Zhou, Bloomberg |
March 15, 2013
West Texas Intermediate crude gained for the sixth time in seven days as the dollar weakened and inventories fell at a major storage hub. The U.S. benchmark narrowed its discount to Brent crude for a fifth week.
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By Michelle Jamrisko, Bloomberg |
March 15, 2013
Industrial production rose more than forecast in February as U.S. factories turned out more business equipment and motor vehicles, showing manufacturing is helping boost the economy.