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By Michael P. Regan and Rita Nazareth, Bloomberg |
May 15, 2012
U.S. stocks rose, with benchmark indexes rebounding from three-month lows, as growth in New York manufacturing bolstered optimism in the economy.
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By Catarina Saraiva, Bloomberg |
May 11, 2012
The euro weakened for a second week, touching a three-month low versus the dollar, as concern builds that Greece may be forced to withdraw from the currency union with the nation’s politicians unable to form a government.
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By John Fraher, Bloomberg |
March 13, 2012
Greece’s credit rating was lifted out of the default category by Fitch Ratings on optimism that a debt swap will reduce the risk that the country eventually reneges on its obligations.
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By Cordell Eddings and Daniel Kruger, Bloomberg |
March 9, 2012
Treasuries fell for a third day as U.S. payrolls increased by more than 200,000 for the third straight month, adding to speculation the Federal Reserve will avoid more monetary stimulus as the recovery builds momentum.
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By Maria Petrakis and Rebecca Christie, Bloomberg |
March 9, 2012
Greece pushed through the biggest sovereign restructuring in history after cajoling private investors to forgive more than €100 billion ($132 billion) of debt.
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By Ross Norman |
March 9, 2012
As of Asia open on March 9, Comex April gold futures is trading around $1,700, bouncing 2.2% from the recent trough of $1,663.
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By Lukanyo Mnyanda and Emma Charlton, Bloomberg |
March 8, 2012
Italy’s bonds rose, pushing 10-year yields to the lowest in nine months, as European Central Bank President Mario Draghi signaled the worst of the region’s debt crisis may be over.
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By Maria Petrakis and Fabio Benedetti-Valentini, Bloomberg |
March 8, 2012
Greece moved closer to sealing the biggest sovereign restructuring in history as investors indicated they’ll participate in the nation’s debt swap.
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By Gil Weinreich, AdvisorOne |
March 7, 2012
Investors who would drool at the chance to turn a $1,000 investment into $10,000 in just a year are likely in no better position than the Greek mythological figure Tantalus
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By Stephen Kirkland and Rita Nazareth, Bloomberg |
March 7, 2012
Stocks rose, rebounding from the biggest drop of 2012, while Treasuries declined after a report showed U.S. companies increased hiring and more investors signed on to a Greek debt swap
