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By Shruti Date Singh, Bloomberg |
February 13, 2013
Deere & Co., the largest agricultural equipment maker, raised its full-year profit forecast and posted quarterly earnings that topped analysts’ estimates after record prices for corn and soybeans boosted farmers’ incomes.
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By Ye Xie, Bloomberg |
January 7, 2013
China’s economy has the potential to grow 8% annually over the next 20 years should the nation reduce support for state companies and unshackle banks, according to Lin Yifu, a former World Bank chief economist.
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By Inyoung Hwang |
December 21, 2012
U.S. stocks sank, paring the weekly gain in the Standard & Poor’s 500 Index, after a canceled vote sent budget talks deeper into turmoil.
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By Shobhana Chandra, Bloomberg |
November 27, 2012
Consumer confidence rose in November to the highest level in more than four years, a sign U.S. household spending will keep growing.
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By Allison Bennett and Neal Armstrong, Bloomberg |
November 27, 2012
The euro fell from the highest this month against the dollar on concern a deal for Greece to buy back its bonds may falter, holding up disbursements of bailout funds to the nation.
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By Lorraine Woellert, Bloomberg |
November 27, 2012
Demand for goods such as machinery and electronics climbed in October by the most in five months, signaling companies are starting to overcome concern the looming fiscal cliff will derail the U.S. economy.
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By Michael P. Regan and Lu Wang, Bloomberg |
August 28, 2012
Treasuries rose, sending 10-year yields to a two-week low, while U.S. stocks fluctuated as consumer confidence slid and investors awaited Federal Reserve Chairman Ben S. Bernanke’s speech on the economy in three days.
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By Joshua Zumbrun and Mark Drajem, Bloomberg |
July 16, 2012
A worst-in-a-generation drought from Indiana to Arkansas to California is damaging crops and rural economies and threatening to drive food prices to record levels.
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By Lorraine Woellert, Bloomberg |
May 24, 2012
Manufacturing in the U.S. expanded in May at the slowest pace in three months, indicating the industry that’s spurred the expansion is cooling.
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By Shruti Date Singh |
April 25, 2012
Caterpillar Inc., the largest maker of construction and mining equipment, reported a gain in first- quarter revenue that missed analysts’ estimates as sales of construction equipment fell in China and Brazil.