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By Devin Banerjee, Bloomberg |
April 18, 2013
Blackstone Group LP, the world’s biggest buyout firm, said first-quarter profit rose as market gains lifted the carrying value of its holdings. The shares fell after the company said a lackluster economy may curtail investing.
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By Alex Kowalski, Bloomberg |
April 16, 2013
New-home construction in the U.S. climbed in March to the highest level in almost five years, propelled by a surge in multifamily building that will support economic growth.
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By Alexis Xydias and Whitney Kisling, Bloomberg |
April 15, 2013
Capitulating bears and overseas buyers are drowning out every other concern for American stocks, pushing the Standard & Poor’s 500 Index to successive records even after the biggest drop in Treasury yields since June.
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By Alex Kowalski, Bloomberg |
April 12, 2013
Retail sales in the U.S. unexpectedly fell in March by the most in nine months as employment slowed, showing households ended the first quarter on softer footing.
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By Bob Van Voris |
April 11, 2013
Three former employees of CDR Financial Products Inc. who cooperated with the government’s investigation into bond bid-rigging were given prison terms.
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By Candice Zachariahs, Bloomberg |
April 11, 2013
The smart money shows no sign of losing confidence in the Australian dollar as analysts belatedly acknowledge the appeal of a high-yielding currency with a world-beating developed economy.
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By Sonja Elmquist, Bloomberg |
April 8, 2013
Alcoa Inc., the first Dow Jones Industrial Average member to report results each quarter, is losing its accuracy as a bellwether for the U.S. stock market.
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By Joseph Ciolli, Bloomberg |
April 5, 2013
The dollar declined to the lowest level in more than a week against the euro after U.S. employers added fewer jobs in March than forecast, fueling speculation growth in the world’s biggest economy is slowing.
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By Maria Kolesnikova, Bloomberg |
April 2, 2013
At a time when U.S. equities are trading near a record and the dollar is having its best start in three years, commodities will finish this quarter little changed from where they were at the end of 2012.
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By Patrick Kelly |
April 1, 2013
Book review.
