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By James Hertling, Bloomberg |
May 6, 2013
French Finance Minister Pierre Moscovici declared the era of austerity over after his German counterpart offered flexibility on deficit cutting amid renewed bickering between Europe’s two biggest economies.
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By Craig Trudell, Bloomberg |
May 1, 2013
Ford Motor Co. and Chrysler Group LLC reported U.S. sales increases for April, building on the first sweep of market share gains by all three domestic automakers in the first quarter of any year in two decades.
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By Phil Flynn |
April 30, 2013
Natural gas bears still bemoan the cold as it appears that gas prices have to continue to soar because winter refuses to go quietly. The market continues to rise to make sure we refill storage.
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By Daniel Kruger and Susanne Walker, Bloomberg |
April 29, 2013
Treasury 10-year-note yields traded at almost the lowest this year as U.S. personal spending slowed last month, signaling reduced economic growth and underpinning demand for the securities.
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By Cheyenne Hopkins |
April 24, 2013
More legislation is needed to rein in biggest U.S. banks because the Dodd-Frank Act has failed to guard taxpayers, the bill’s sponsors said.
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By Craig Trudell, Bloomberg |
April 24, 2013
Ford Motor Co., the second-largest U.S. automaker, reported first-quarter profit that exceeded estimates as the Fusion sedan bolstered record results for its North American operations.
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By Emma Charlton and Lukanyo Mnyanda, Bloomberg |
April 24, 2013
The euro’s 25% jump against the yen over the past six months underscores the rising pressure on European Central Bank President Mario Draghi to cut interest rates as the region’s exporters lose out to Japan.
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By Abigail Moses |
April 22, 2013
Investors are reviving credit derivatives trades they used to boost returns before the financial crisis.
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By Laura Marcinek and Donal Griffin, Bloomberg |
April 19, 2013
Bank of America Corp. and JPMorgan Chase & Co. led the six largest U.S. banks in boosting combined first-quarter profit 45%. Investors dumped the stocks.
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By Lu Wang and Whitney Kisling, Bloomberg |
April 18, 2013
U.S. stocks fell, sending the Standard & Poor’s 500 Index to a six-week low, as earnings from UnitedHealth Group Inc. to EBay Inc. disappointed investors.
