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By Marcus Holland |
April 12, 2013
Gold futures prices moved lower on Friday after the Commerce Department released worse than expected Retail Sales data. The decline in consumer confidence along with the lack of robust retail buying in March created headwinds for gold traders.
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By Brendan Murray and Scott Lanman, Bloomberg |
April 5, 2013
After watching Ben S. Bernanke take unprecedented steps for four years to rebound from the worst recession since the Great Depression, the Bank of Japan is signaling that the Federal Reserve’s full-throttle approach to stimulus is the way to end 15 years of deflation.
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By Susanne Walker, Bloomberg |
March 5, 2013
Pacific Investment Management Co.’s Bill Gross, manager of the world’s biggest bond fund, said the yen is likely to weaken to 100 per U.S. dollar on concern stimulus measures by the Bank of Japan will debase the currency.
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By Bill Gross |
January 3, 2013
It was Milton Friedman, not Ben Bernanke, who first made reference to dropping money from helicopters in order to prevent deflation. Bernanke’s now famous “helicopter speech” in 2002, however, was no less enthusiastically supportive of the concept.
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By Michael McFarlin |
December 28, 2012
With 2013 upon us, we asked analysts to look ahead and discern which markets they saw as having potential to outperform in the New Year.
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By Beth Jinks, Bloomberg |
December 19, 2012
A group including Apple Inc., Google Inc. and Research In Motion Ltd. agreed to buy patents from bankrupt Eastman Kodak Co. for about $525 million, gaining digital-imaging technology to capture and share pictures.
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By Press Release |
October 5, 2012
The unemployment rate in the U.S. fell to 7.8% as the economy added 114,000 jobs in September. Employment increased in health care and in transportation and warehousing but changed little in most other major industries.
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By David Goodman, Bloomberg |
October 4, 2012
The pound strengthened against the dollar, rising the most in almost two weeks, as the Bank of England kept its asset-purchase target at 375 billion pounds ($605 billion) at a meeting today.
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By Aaron Ricadela, Bloomberg |
October 4, 2012
Meg Whitman’s strategy for turning around Hewlett-Packard Co. failed to convince investors looking for speedier recovery and more sweeping change at a company struggling to compete in everything from personal computers to technology services.
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By Shobhana Chandra and Steve Matthews, Bloomberg |
October 1, 2012
Weakening demand is forcing new and accelerated cost reductions at companies from Bank of America Corp. and Hewlett-Packard Co. to Staples Inc. and Eastman Kodak Co., dimming the outlook for an already struggling U.S. labor market.
