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By Susanne Walker and Rita Nazareth, Bloomberg |
January 18, 2013
U.S. stocks closed at a five-year high and Treasuries rose for the fifth time in six days as investors weighed prospects for a short-term lift in the U.S. debt ceiling. The yen traded at a 2 1/2-year low.
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By Jeanna Smialek, Bloomberg |
January 18, 2013
Confidence among American households unexpectedly fell to a one-year low in January, as higher payroll taxes create a risk that the biggest part of the economy will slow in early 2013.
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By Roxana Tiron and James Rowley, Bloomberg |
January 18, 2013
House Republicans plan to vote next week on a three-month extension of U.S. borrowing authority in an effort to force the Democratic-led Senate to adopt a budget plan.
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By Dave Michaels |
January 16, 2013
A second effort to overhaul rules governing the $2.6 trillion money-fund industry should be offered by the SEC before the end of March.
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By Joshua Zumbrun and Aki Ito, Bloomberg |
January 16, 2013
The U.S. economy picked up across much of the country last month, boosted by auto and home sales, even as the outlook for unemployment showed few signs of improvement, the Federal Reserve said.
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By Rita Nazareth and Sarah Pringle, Bloomberg |
January 15, 2013
U.S. stocks rose, rebounding from earlier losses in the Standard & Poor’s 500 Index, as a rally in retail and transportation stocks overshadowed concern about talks on raising the debt ceiling.
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By Anthony Lazzara |
January 15, 2013
The Swiss franc, typically known as a safe haven currency, has recently dropped. This move is likely because of a more positive market consensus that Europe will come out of the sovereign debt crisis successfully.
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By Emma Charlton, Bloomberg |
January 15, 2013
Fitch Ratings said its AAA credit rankings on France, the U.S. and the U.K. are likely to come under pressure this year due to slow economic growth and high debt levels.
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By Wes Goodman and Daniel Kruger, Bloomberg |
January 14, 2013
Shinzo Abe is set to become the best friend of investors in Treasuries as Japan’s prime minister buys U.S. government bonds to weaken the yen and boost his nation’s slowing economy.
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By Debarati Roy, Bloomberg |
January 14, 2013
Hedge funds cut bullish commodity positions to the lowest since June before prices rallied to a two-month high on signs of a rebound in Chinese economic growth.
