-
By Inyoung Hwang and Sarah Pringle, Bloomberg |
March 8, 2013
U.S. stocks rose, with the Standard & Poor’s 500 Index approaching a record high, as data showed employers added more jobs than forecast last month and the unemployment rate unexpectedly dropped.
-
By Jeanna Smialek and Jeff Kearns, Bloomberg |
March 8, 2013
Federal Reserve Bank of St. Louis President James Bullard said the central bank probably will press on with its asset purchases as contained inflation expectations give it time to continue the quantitative easing.
-
By Jeff Kearns and Steve Matthews, Bloomberg |
March 6, 2013
The U.S. economy expanded at a modest to moderate pace across most of the country amid rising consumer demand for homes and autos, the Federal Reserve said.
-
By Inyoung Hwang, Bloomberg |
March 5, 2013
The Dow Jones Industrial Average rose to its highest level ever, erasing losses from the financial crisis after a four-year rally fueled by the fastest profit growth since the 1990s and monetary stimulus from the Federal Reserve.
-
By Liz Capo McCormick, Bloomberg |
March 4, 2013
Just the hint the Federal Reserve would end debt purchases that have supported bond prices sent Treasury yields soaring last month to the highest since April, a reaction that is unwarranted if money markets are a guide.
-
By Craig Torres, Josh Zumbrun and Caroline Salas Gage, Bloomberg |
February 26, 2013
Federal Reserve Chairman Ben S. Bernanke’s efforts to rescue the economy could result in more than a half trillion dollars of paper losses on the central bank’s books if interest rates rise abruptly from recent levels.
-
By Susanne Walker and Cordell Eddings, Bloomberg |
February 25, 2013
Treasuries rose, pushing 10-year yields down the most since November, as polls indicated the euro area’s third-largest economy, Italy, may be left with a hung parliament, stoking refuge demand.
-
By Tony C. Dreibus, Bloomberg |
February 25, 2013
Hedge funds cut bets on a rally in gold by the most since 2007 and became the most bearish ever on sugar and coffee as concern that the Federal Reserve will slow U.S. stimulus programs drove prices for raw materials to the biggest loss this year.
-
By Steve Matthews and Joshua Zumbrun, Bloomberg |
February 21, 2013
Federal Reserve Bank of St. Louis President James Bullard said U.S. unemployment may drop to 6.5% by the middle of next year and prompt the central bank to raise its benchmark interest rate from near zero.
-
By Alex Kowalski, Bloomberg |
February 21, 2013
The cost of living in the U.S. was little changed in January for a second month as a drop in energy costs made up for gains in other goods and services.
