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By Shobhana Chandra, Bloomberg |
February 20, 2013
Builders broke ground in January on the most U.S. single-family homes in more than four years and permits for future construction rose, an indication the industry’s momentum carried over into 2013.
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By Inyoung Hwang |
February 1, 2013
U.S. stocks rallied for a fifth week, with the Dow closing above 14000, on improvement in the labor market and better-than-expected earnings from key companies.
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By Mary Schlangenstein, Bloomberg |
December 19, 2012
FedEx Corp., operator of the world’s largest cargo airline, maintained its full-year profit forecast amid increasing concern that the U.S. economic growth may slow.
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By Alex Kowalski, Bloomberg |
September 6, 2012
Service industries in the U.S. expanded in August at a faster pace than forecast, offering support to an economy that lost momentum in the first half of the year.
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By Allison Bennett and Inyoung Hwang, Bloomberg |
September 5, 2012
The euro and Spanish 10-year debt advanced on the European Central Bank’s plan to buy bonds, while most U.S. stocks fell as FedEx Corp. cut its profit forecast and reports showed economies were slowing more than anticipated.
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By Thomas Black, Bloomberg |
September 5, 2012
FedEx Corp. fell in U.S. trading after projecting its first quarterly earnings decline since 2009 as slowing economic growth hurt demand for the express packages that provide most of its sales.
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By Shobhana Chandra, Bloomberg |
July 27, 2012
The U.S. economy expanded at a slower pace in the second quarter as a softening job market prompted Americans to curb spending.
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By Shobhana Chandra, Bloomberg |
July 5, 2012
Service industries in the U.S. expanded in June at the slowest pace since January 2010, a sign the biggest part of the economy is struggling to gain momentum.
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By Chris Burritt, Bloomberg |
June 25, 2012
Europe’s debt crisis is putting pressure on corporate earnings globally with companies from Procter & Gamble Co. to Danone cutting forecasts and signaling profits will fall at more companies this year.
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By Rita Nazareth, Bloomberg |
June 19, 2012
U.S. stock futures advanced, indicating the Standard & Poor’s 500 Index will rally for a fourth straight day, as the Federal Reserve begins a two-day meeting to decide whether more monetary stimulus is needed.
