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By Joshua Zumbrun and Jeff Kearns, Bloomberg |
June 19, 2013
Federal Reserve Chairman Ben S. Bernanke said the central bank may start reducing bond purchases later this year and end them in mid-2014 if the economy continues to improve as the central bank forecasts.
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By Joshua Zumbrun and Jeff Kearns, Bloomberg |
June 19, 2013
The Federal Reserve will keep buying bonds at a pace of $85 billion a month and said that risks to the economy have decreased.
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By Mary Schlangenstein, Bloomberg |
June 19, 2013
FedEx Corp., the world’s largest cargo airline, sees full-year earnings rising as much as 13% as it reduces costs and jobs to counter customers’ preference for less expensive international shipping services.
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By Jeanna Smialek and Lorraine Woellert, Bloomberg |
June 18, 2013
Builders began work on more U.S. houses in May and permits for new single-family homes rose to a five-year high as residential real estate underpins an economy that’s generating little inflation.
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By Paul Dobson and Inyoung Hwang, Bloomberg |
June 18, 2013
U.S. stocks climbed for a second day while the yen weakened as investors awaited clues from the Federal Reserve about its plans for monetary stimulus. U.K. and German government bonds dropped while European equities were little changed.
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By Paul Dobson and Inyoung Hwang, Bloomberg |
June 18, 2013
U.S. stocks climbed for a second day while the yen weakened as investors awaited clues from the Federal Reserve about its plans for monetary stimulus. U.S., U.K. and German government bonds dropped while European equities were little changed.
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By Jeanna Smialek, Bloomberg |
June 18, 2013
Beginning construction of new U.S. homes increased in May and permits to build single-family houses rose to a five-year high, extending a rebound that is helping shore up the expansion.
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By Lorraine Woellert, Bloomberg |
June 18, 2013
The cost of living in the U.S. rose less than forecast in May, restrained by the first drop in food prices in almost four years and signaling inflation remains under control.
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By Inyoung Hwang and Katie Brennan, Bloomberg |
June 17, 2013
Stocks pared gains and Treasuries fell on concern the Federal Reserve may signal it will scale back stimulus efforts at the conclusion of its next policy meeting.
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By Elizabeth Campbell, Bloomberg |
June 17, 2013
Hedge funds cut wagers on a gold rally for the first time in three weeks on mounting speculation central banks will curb record stimulus and as this year’s slump in bullion spurred losses for billionaire John Paulson.
