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By Craig Torres, Bloomberg |
May 10, 2013
Federal Reserve Chairman Ben S. Bernanke said risks persist in wholesale funding markets used frequently by Wall Street brokers to finance securities trading.
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By John Caiazzo |
May 2, 2013
You cannot be happy about creating 150,000 (quality doubtful) jobs in a month while “losing” 350,000 weekly or 1.2 million during the same period.
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By Matthew Brown and Whitney Kisling, Bloomberg |
April 29, 2013
Stocks climbed, with the Standard & Poor’s 500 Index returning above its record closing level, after U.S. home sales increased and investors speculated central banks will continue to stimulate the economy.
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By John L. Caiazzo |
April 28, 2013
A level of skepticism pervades the global marketplace as economic and geopolitical events are largely set aside in favor of "irrational exuberance."
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By Jim Brunsden |
April 22, 2013
The European Union intensified its campaign against U.S. Federal Reserve proposals to toughen oversight of bank units belonging to overseas lenders.
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By Debarati Roy and Susanne Walker, Bloomberg |
April 22, 2013
Gold climbed for a fifth day, the longest rally of the year, amid growing demand the metal following the biggest price slump in three decades. Oil rose and energy and raw-material producers led U.S. stocks higher.
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By John Caiazzo |
April 22, 2013
We continue to warn investors of an impending major correction in equities and to implement hedging strategies as soon as possible.
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By Meera Louis and Simon Kennedy, Bloomberg |
April 19, 2013
Global finance chiefs handed Japan leeway to reflate its stagnant economy by indicating its fresh round of monetary stimulus doesn’t contravene a pact to avoid a currency war.
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By Silla Brush |
April 19, 2013
The $639 trillion global swaps market is starting to fragment because regulators are failing to agree on the cross-border rules.
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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
April 15, 2013
Commodities fell to a nine-month low, led by the worst plunge in gold since 1980, and global stocks slid the most since June as China’s economic growth unexpectedly slowed and investors speculated hedges against inflation were unneeded.