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By Michelle Jamrisko, Bloomberg |
May 3, 2013
Service industries in the U.S. expanded in April at the slowest pace in nine months, adding to signs that the world’s largest economy is cooling.
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By Press Release |
May 3, 2013
The U.S. economy added 165,000 jobs in April while the unemployment rate remained relatively unchanged at 7.5%.
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By Lu Wang and Inyoung Hwang, Bloomberg |
May 2, 2013
U.S. stocks rose, sending the Standard & Poor’s 500 Index toward a record high, as the European Central Bank cut its key interest rate and American jobless claims unexpectedly fell.
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By Lucy Meakin, Bloomberg |
May 2, 2013
The euro weakened for the first time in four days against the yen amid speculation the European Central Bank will cut interest rates to a record-low 0.5 percent at a meeting today.
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By Shobhana Chandra, Bloomberg |
May 1, 2013
Manufacturing in the U.S. expanded in April at the slowest pace in four months, indicating the industry will contribute less to U.S. growth this quarter.
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By Susanne Walker and David Goodman, Bloomberg |
May 1, 2013
Treasury 10-year yields traded at almost the lowest level this year and volatility slid to a record on bets the Federal Reserve will affirm its commitment to the pace of bond purchases to support growth.
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By Austin Kiddle |
May 1, 2013
Gold investors are keenly watching the direction of the gold-backed ETP holdings, which fell 174 metric tons or 7.1% in April to 2,275.84 metric tons. The SPDR gold holdings fell to a 43-month low to 1,078.54 tons at the end of April.
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By Phoebe Sedgman |
April 30, 2013
Copper retreated after the biggest monthly loss since May last year as China’s manufacturing expanded at a weaker pace in April.
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By Susanne Walker and David Goodman, Bloomberg |
April 30, 2013
Treasuries rose, pushing 10-year yields to the lowest level this year, after a private report showed business activity in the U.S. unexpectedly shrank in April for the first time in more than three years.
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By Toni Hansen |
April 26, 2013
Earnings reports will spotlight next week