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By Elizabeth Campbell, Bloomberg |
May 13, 2013
Hedge funds increased bets on lower gold prices after investors pulled a record $20.8 billion from bullion funds this year while BlackRock Inc., the world’s biggest money manager, said it’s still bullish.
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By Margaret Collins and Noah Buhayar, Bloomberg |
May 6, 2013
Warren Buffett, chairman of Berkshire Hathaway Inc., said he ignores macroeconomic forecasts such as Bill Gross’s “new normal” when investing and sympathizes with people who stuck with bonds amid low interest rates.
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By Emma Charlton and Lukanyo Mnyanda, Bloomberg |
April 24, 2013
The euro’s 25% jump against the yen over the past six months underscores the rising pressure on European Central Bank President Mario Draghi to cut interest rates as the region’s exporters lose out to Japan.
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By Whitney Kisling and Alexis Xydias, Bloomberg |
April 8, 2013
Even bulls are taking steps to protect profits after gains in U.S. stocks added $10 trillion to equity values, convinced the first decline in earnings since 2009 will spur losses in the historically weak second quarter.
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By Alexis Leondis, Bloomberg |
April 5, 2013
Pacific Investment Management Co.’s Bill Gross, manager of the world’s biggest bond fund, said the U.S. economy won’t expand more than 2% this year even with one or two quarters of faster growth.
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By Lindsey Rupp and Nikolaj Gammeltoft, Bloomberg |
April 1, 2013
U.S. stocks fell, pulling the Standard & Poor’s 500 Index lower after a record high, as a report showed American manufacturing expanded less than forecast in March as factories slowed production and orders waned.
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By Natalie Weeks, Georgios Georgiou and Tom Stoukas, Bloomberg |
March 29, 2013
Cypriot President Nicos Anastasiades vowed to keep his country in the euro as Cypriots adapted to a second day of restrictions on their use of the common currency to prevent a financial collapse.
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By John Detrixhe, Bloomberg |
March 28, 2013
The euro gained the most this week versus the dollar as falling Spanish and Italian government bond yields signaled Cyprus’s banking crisis may be contained.
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By Sarah Pringle, Bloomberg |
March 27, 2013
U.S. stocks declined, after the Standard & Poor’s 500 Index yesterday approached a record high, amid concern over Europe’s debt crisis and as pending American home sales slipped in February.
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By Joseph Ciolli and John Detrixhe, Bloomberg |
March 8, 2013
The dollar gained versus the yen to the highest level since 2009 as U.S. employers added more jobs than forecast last month, boosting optimism the economy is withstanding higher taxes and lower government spending.
