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By Jeanna Smialek, Bloomberg |
March 15, 2013
Confidence among American consumers unexpectedly slumped in March, which may signal a cooling in spending, the biggest part of the economy.
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By Anthony Lazzara |
March 15, 2013
The S&P 500 climbed yesterday to within two points of its record closing level of 1,565.15 set in October 2007, but today has retraced some recent gains.
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By Julianna Goldman and Roxana Tiron, Bloomberg |
March 1, 2013
President Barack Obama said the automatic spending cuts set to kick in today will be a “slow grind” on the economy and that it may take weeks to win over enough lawmakers from both parties to reach a deal on a replacement deficit-cutting plan.
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By Jeanna Smialek, Bloomberg |
March 1, 2013
Confidence among American households rose more than projected in February in a gain that could boost consumer buying, the largest part of the economy.
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By Jeanna Smialek, Bloomberg |
February 26, 2013
Confidence among U.S. consumers jumped more than forecast in February as American’s adjusted to a higher payroll tax and signs of a recovering housing market spurred faith in the future.
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By Joshua Zumbrun, Bloomberg |
February 20, 2013
Several Federal Reserve policy makers said the central bank should be ready to vary the pace of their $85 billion in monthly bond purchases amid a debate over the risks and benefits of further quantitative easing.
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By Michael P. Regan and Leslie Picker, Bloomberg |
February 15, 2013
Most U.S. stocks fell, pulling the Standard & Poor’s 500 Index down from a five-year high, as Wal- Mart Stores Inc. tumbled after an e-mail showed an executive called February sales a “total disaster.”
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By Jeanna Smialek, Bloomberg |
January 29, 2013
Confidence among U.S. consumers declined more than forecast in January, reaching the lowest level in more than a year as higher payroll taxes took a bigger bite out of Americans’ paychecks.
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By Leslie Patton, Bloomberg |
January 23, 2013
McDonald’s Corp., the world’s largest restaurant chain by sales, said fourth-quarter profit rose 1.4 percent as its dollar menu and McRib sandwich helped U.S. sales.
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By Tony C. Dreibus, Bloomberg |
January 21, 2013
Hedge funds raised bullish commodity positions by the most since November as a jump in U.S. housing starts and the first acceleration in Chinese growth since 2010 drove prices to a three-month high.
