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By Leslie Hoffecker, Bloomberg |
May 29, 2013
Paul Volcker, who served as chairman of the Federal Reserve Board from 1979 to 1987, said today that he’s forming a nonpartisan initiative to rebuild public trust in government.
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By Phil Flynn |
April 26, 2013
A sharp jump in gasoline demand this week and a report questioning North Sea output put petros in rally mode.
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By Brendan Murray and Scott Lanman, Bloomberg |
April 5, 2013
After watching Ben S. Bernanke take unprecedented steps for four years to rebound from the worst recession since the Great Depression, the Bank of Japan is signaling that the Federal Reserve’s full-throttle approach to stimulus is the way to end 15 years of deflation.
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By Phil Flynn |
March 12, 2013
While the oil market fell, RBOB gasoline futures have gone crazy. Yet behind the volatility are a story of record high renewable fuel credits, surging ethanol costs and the possibility of government mandated shortages.
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By Michelle Jamrisko, Bloomberg |
February 13, 2013
Retail sales in the U.S. rose at a slower pace in January as an increase in payroll taxes took a bite out of consumers’ paychecks.
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By Margaret Talev and Mike Dorning |
February 12, 2013
President Obama addressed the deficit, spending cuts, unemployment, a minimum wage spike and other potentially market-moving topics in his annual State of the Union address to Congress.
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By Phil Mattingly |
February 11, 2013
Frustration with New York-based S&P, the nation’s largest ratings firm, Moody’s Corp. and Fitch Ratings has existed almost since the current administration took office.
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By Craig Torres and Cheyenne Hopkins, Bloomberg |
February 4, 2013
Top U.S. bank regulators and lawmakers are pushing for action to limit the risk that the government again winds up financing the rescue of one or more of the nation’s biggest financial institutions.
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By Joseph Ciolli and David Goodman, Bloomberg |
January 3, 2013
The dollar gained to its strongest level in almost three weeks against the euro on speculation U.S. policy makers will struggle to reach agreement on raising the nation’s debt limit, underpinning demand for the safest assets.
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By Richard Rubin, Roxana Tiron and James Rowley, Bloomberg |
January 2, 2013
The U.S. House passed a bill undoing income tax increases for more than 99 percent of households, giving a victory to President Barack Obama even as Republicans vowed to fight him in coming week.