-
By Jeanna Smialek and Lorraine Woellert, Bloomberg |
June 18, 2013
Builders began work on more U.S. houses in May and permits for new single-family homes rose to a five-year high as residential real estate underpins an economy that’s generating little inflation.
-
By Jeanna Smialek, Bloomberg |
June 18, 2013
Beginning construction of new U.S. homes increased in May and permits to build single-family houses rose to a five-year high, extending a rebound that is helping shore up the expansion.
-
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.
-
By John Detrixhe and Neal Armstrong, Bloomberg |
June 17, 2013
The yen weakened versus all of its 16 most-traded counterparts as stocks around the world gained, reflecting reduced haven demand.
-
By Whitney Kisling, Bloomberg |
June 17, 2013
More than $500 billion wiped off the value of U.S. stocks is providing opportunities for investors who remember that equities tend to rise when the Federal Reserve begins reducing efforts to stimulate the economy.
-
By Liz Capo McCormick and Neal Armstrong, Bloomberg |
June 14, 2013
The yen strengthened against most of its 16 major counterparts after minutes from the Bank of Japan’s latest meeting showed one policy maker advocated restricting stimulus to a two-year period.
-
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.
-
By Marcus Holland |
June 13, 2013
Gold prices have come under pressure after better than expected economic data raised U.S. yields creating headwinds for the precious metals market making a vertical options spread look appealing.
-
By Daniel Kruger and Anchalee Worrachate, Bloomberg |
June 13, 2013
Treasuries rose as the World Bank lowered its forecast for global growth amid concern central banks are considering pulling back on stimulus measures, fueling demand for the relative safety of government debt.
-
By Michelle Jamrisko, Bloomberg |
June 13, 2013
Retail sales in the U.S. rose more than forecast in May, showing job gains and lower borrowing costs are encouraging consumers to spend.
