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By Craig Torres, Josh Zumbrun and Caroline Salas Gage, Bloomberg |
February 26, 2013
Federal Reserve Chairman Ben S. Bernanke’s efforts to rescue the economy could result in more than a half trillion dollars of paper losses on the central bank’s books if interest rates rise abruptly from recent levels.
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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 Toru Fujioka, Ian Katz and Raymond Colitt, Bloomberg |
February 15, 2013
Group of 20 finance chiefs are planning to disavow competitive devaluations in a statement to be released after talks end in Moscow tomorrow, according to an official from a G-20 nation.
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By Steve Matthews, Bloomberg |
February 14, 2013
Federal Reserve Bank of St. Louis President James Bullard said central bank stimulus has been ramped up this year with the decision to increase outright bond purchases to $85 billion a month and that a growing balance sheet could be complicated to unwind.
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By Stephen Kirkland and Cordell Eddings, Bloomberg |
February 13, 2013
Treasuries extended a third straight day of losses after a $24 billion auction of 10-year notes sold at a higher-than-forecast yield. U.S. stocks, the euro and oil erased early gains.
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By Joseph Ciolli and Lu Wang, Bloomberg |
February 12, 2013
The yen jumped as an official from the Group of Seven nations said the countries are concerned about volatility in Japan’s currency. U.S. stocks advanced as investors dissected earnings reports.
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By Phil Mattingly |
February 11, 2013
Frustration with New York-based S&P, the nation’s largest ratings firm, Moody’s Corp. and Fitch Ratings has existed almost since the current administration took office.
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By Simon Kennedy, Bloomberg |
February 11, 2013
The Group of Seven nations are considering saying they won’t target exchange rates when setting policy as they try to calm concern the world is on the brink of a currency war, two officials from G-7 countries said.
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By Stephen Kirkland, Inyoung Hwang and Leslie Picker, Bloomberg |
February 8, 2013
Stocks and commodities rose as Europe’s leaders reached a budget agreement, China’s trade expanded more than estimated and companies posted better-than- forecast earnings. Spanish bonds gained and the yen rallied.
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By Futures Staff |
February 1, 2013
Stormy in more ways than one, 2012 was a rough year. Here is our tongue-in-cheek look back over its defining events.