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By Simon Kennedy and Rich Miller |
May 12, 2013
America’s aggressive strategy for tackling its financial and economic ills is working better than Europe’s go-slow approach.
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By Natalie Weeks, Georgios Georgiou and Tom Stoukas, Bloomberg |
March 29, 2013
Cypriot President Nicos Anastasiades vowed to keep his country in the euro as Cypriots adapted to a second day of restrictions on their use of the common currency to prevent a financial collapse.
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By John Detrixhe, Bloomberg |
January 7, 2013
Pacific Investment Management Co.’s new normal, the prediction that global economic growth and investment returns would tumble, is proving half right.
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By Neal Armstrong and Wes Goodman, Bloomberg |
January 7, 2013
Economists cut their forecasts for Treasury yields in 2013 to the least since Bloomberg began compiling the predictions as notes were little changed after data showed the unemployment rate was higher than expected.
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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
January 4, 2013
U.S. stocks rose, sending the Standard & Poor’s 500 Index above its best closing level in five years, as employers added more workers while the jobless rate held at a level that’s unlikely to hasten the end of Federal Reserve stimulus.
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By Liz Capo McCormick and Tom Keene, Bloomberg |
December 7, 2012
Pacific Investment Management Co.’s Bill Gross, manager of the world’s biggest bond fund, said the investment company may reduce its risk profile in 2013 after posting higher-than-average returns this year.
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By Michael P. Regan and Rita Nazareth, Bloomberg |
November 7, 2012
U.S. stocks slid, sending the Dow Jones Industrial Average to its biggest drop in a year, oil sank and Treasuries surged the most in five months.
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By John Detrixhe and Tom Keene, Bloomberg |
September 7, 2012
Pacific Investment Management Co.’s Bill Gross said lower-than-forecast U.S. employment growth will move the Federal Reserve closer to more quantitative easing.
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By Daniel Kruger and David Goodman, Bloomberg |
June 11, 2012
Treasuries pared a decline on speculation a bailout of Spanish banks will provide only a short-term solution the region’s sovereign-debt crisis now in its third year.
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By Catarina Saraiva and Tom Keene, Bloomberg |
May 21, 2012
Greece may have to exit the 17-nation euro and the monetary union should plan for it to ensure stability, according to Pacific Investment Management Co.’s Mohamed El-Erian.