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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 Steve Matthews and Aki Ito, Bloomberg |
June 3, 2013
Federal Reserve Bank of Atlanta President Dennis Lockhart said Fed officials are committed to record stimulus even as divergent views on when to start paring back bond purchases create a “mixed message” to investors.
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By Jeanna Smialek, Bloomberg |
May 28, 2013
Confidence among U.S. consumers climbed in May to the highest level in more than five years as views on the economy and labor market improved.
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By Cordell Eddings, Bloomberg |
May 20, 2013
The longest decline in Treasuries this year has left U.S. government debt the cheapest since March 2011 when measured by real yields and the best relative value compared with German bunds in more than two decades.
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By Susanne Walker and David Goodman, Bloomberg |
May 10, 2013
Treasuries fell, with 10-year note yields climbing to the highest level in five weeks, as signs the U.S. economy is improving amid central-bank monetary stimulus sapped demand for U.S. debt.
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By Tony C. Dreibus and Jeff Wilson, Bloomberg |
April 23, 2013
The coldest start ever to the wheat-growing season in Kansas and freezing weather across the southern Great Plains are compounding damage to U.S. crops already hurt by the worst drought since the 1930s.
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By Hugh Son, Bloomberg |
April 17, 2013
Bank of America Corp. reported first-quarter profit that missed analysts’ estimates as lower mortgage banking income and higher legal costs slowed the firm’s turnaround. The shares dropped 3% in early trading.
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By Andrew Harris, Bloomberg |
April 16, 2013
Former MF Global Inc. broker Evan Brent Dooley was sentenced to 5 years in prison for making unlawful unauthorized trades that caused the now-defunct futures firm to lose more than $141 million in 2008.
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By Alex Kowalski, Bloomberg |
March 28, 2013
The U.S. economy grew at a faster pace than previously estimated in the fourth quarter, reflecting a bigger gain in business spending and a smaller trade gap.
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By Lorraine Woellert, Bloomberg |
March 27, 2013
Fewer Americans signed contracts to purchase previously owned homes in February as limited inventory and access to credit held back a more robust recovery in housing.
