-
By Whitney Kisling, Bloomberg |
June 17, 2013
More than $500 billion wiped off the value of U.S. stocks is providing opportunities for investors who remember that equities tend to rise when the Federal Reserve begins reducing efforts to stimulate the economy.
-
By Lu Wang, Bloomberg |
June 13, 2013
U.S. stocks gained, ending a three- day decline in the Standard & Poor’s 500 Index, amid better- than-forecast economic data and acquisitions in the media and grocery industries.
-
By Michelle Jamrisko, Bloomberg |
June 13, 2013
Retail sales in the U.S. rose more than forecast in May, showing job gains and lower borrowing costs are encouraging consumers to spend.
-
By Sandrine Rastello and Anabela Reis, Bloomberg |
June 12, 2013
The International Monetary Fund said it agreed to disburse 657.5 million euros to Portugal after reviewing implementation of conditions tied to the country’s loan program.
-
By Tony C. Dreibus |
June 11, 2013
Indonesia is the world’s largest producer of tin and palm oil and the third-biggest coffee grower.
-
By Anuchit Nguyen and Maria Levitov, Bloomberg |
June 10, 2013
Emerging-market currencies weakened, led by South Africa’s rand, on speculation the Federal Reserve will scale back stimulus and signs of a slowdown in China. Turkey’s lira sank.
-
By Lorraine Woellert, Bloomberg |
June 7, 2013
American employers took on more workers than forecast in May as the world’s largest economy weathered the impact of higher taxes and federal spending cuts.
-
By Lorraine Woellert and Jeanna Smialek, Bloomberg |
June 6, 2013
Applications for unemployment benefits declined last week and Americans’ views of the economy were the brightest since early 2008 on the heels of a housing market recovery and higher stock prices.
-
By Jeanna Smialek, Bloomberg |
June 6, 2013
Consumer confidence last week was unchanged near a five-year high as Americans had the least pessimistic views on the economy since 2008.
-
By Siddhartha Singh, Swansy Afonso and Nicholas Larkin, Bloomberg |
June 5, 2013
India, the world’s largest gold buyer, increased a tax on bullion imports to curb a record current-account deficit at a time when the World Gold Council predicts record quarterly demand for the metal in the country.
