-
By Michelle Jamrisko and Aki Ito, Bloomberg |
May 20, 2013
Federal Reserve Bank of Chicago President Charles Evans said the U.S. economy has improved “quite a lot” as the central bank maintains record stimulus.
-
By Sarah Pringle and Corinne Gretler, Bloomberg |
March 1, 2013
U.S. stocks erased losses, after an early decline in the Standard & Poor’s 500 Index, as better-than-estimated data on consumer confidence and manufacturing tempered impending federal spending cuts.
-
By Joseph Ciolli and Anchalee Worrachate, Bloomberg |
January 14, 2013
The yen touched the weakest level versus the dollar since June 2010 on bets Japanese Prime Minister Shinzo Abe will select a central-bank chief who will expand monetary easing, accelerating the currency’s decline.
-
By Alex Kowalski, Bloomberg |
October 10, 2012
Job openings in the U.S. dropped for a second straight month in August, indicating employment gains may be limited by the end of the year.
-
By Shobhana Chandra and Steve Matthews, Bloomberg |
October 1, 2012
Weakening demand is forcing new and accelerated cost reductions at companies from Bank of America Corp. and Hewlett-Packard Co. to Staples Inc. and Eastman Kodak Co., dimming the outlook for an already struggling U.S. labor market.
-
By Aki Ito and Joe Carroll, Bloomberg |
September 26, 2012
Federal Reserve Bank of Chicago President Charles Evans said policy makers must not be passive in the face of high U.S. unemployment, firing back at critics of the Fed’s decision this month to step up record stimulus.
-
By Austin Kiddle |
September 19, 2012
The natural question to ask is when will gold price breach the year-ago record high of $1,920? While no one can predict the timing, we do know that gold price typically has followed a consolidation pattern.
-
By Steve Matthews and Eleni Himaras, Bloomberg |
August 27, 2012
Federal Reserve Bank of Chicago President Charles Evans urged the central bank to begin a third round of bond purchases and to persist with the buying until U.S. unemployment declines for at least six months.
-
By Austin Kiddle |
August 24, 2012
With the momentum turning positive for gold, and the 14-day RSI breaching 70, some technical analysts worry that prices may dip.
-
By Jeff Wilson, Bloomberg |
August 20, 2012
U.S. corn farmers hurt by the worst drought in a generation probably will harvest smaller crops than the government forecast this month, based an analysis of dry spells in the past 42 years.