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By Alex Kowalski, Bloomberg |
May 24, 2013
Orders for U.S. durable goods increased more than forecast in April, pointing to gains in business investment that will help manufacturing rebound in the second half of the year.
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By Jeff Kearns and Joshua Zumbrun, Bloomberg |
May 22, 2013
Many Federal Reserve officials said more progress in the labor market is needed before deciding to slow the pace of asset purchases, according to minutes of their last meeting.
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By Craig Torres, Bloomberg |
May 22, 2013
Federal Reserve Chairman Ben S. Bernanke said the U.S. economy remains hampered by high unemployment and government spending cuts, and tightening policy too soon would endanger the recovery.
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By Gonzalo Vina |
May 18, 2013
An independent Scotland would have a banking system too big to save in the event of a crisis, the U.K. Treasury said.
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By Mark Deen, Bloomberg |
May 15, 2013
The French economy fell back into recession, increasing pressure on President Francois Hollande to adopt policies to revive growth.
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By Olga Tanas and Scott Rose, Bloomberg |
May 15, 2013
Russia left its main interest rates unchanged for an eighth month, brushing off government calls for lower borrowing costs and repeating an incremental cut to seldom used rates after inflation accelerated last month.
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By Stephen Kirkland and Pratish Narayanan |
May 15, 2013
The dollar index rose to the highest level in more than nine months amid speculation policy makers may curb stimulus.
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By Susanne Walker, Bloomberg |
May 14, 2013
Treasury 10-year note yields reached seven-week highs as speculation the Federal Reserve may consider tapering its record bond-purchase program crimped demand for the securities as equities indexes traded at record levels.
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By Stefan Riecher, Bloomberg |
May 13, 2013
Euro-area data this week will probably reveal economic scars of the sovereign debt crisis confirming that the region is now suffering the longest recession since the single currency’s creation.
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By Shobhana Chandra, Bloomberg |
May 13, 2013
Retail sales in the U.S. unexpectedly rose in April reflecting broad-based gains that may ease concern consumers are holding back.
