Economic News
U.S. Stocks Rise on Jobs Data Despite Trading Delay; Dollar Improves in Reaction to Fed Minutes; Europe Bouncing Back from Bad Week
Even though a computer error halted Nasdaq trading for three hours, stocks pushed higher today, thanks in part...
Fed Keeps ’em Guessing as to When Tapering will Start; Fed’s Non-Event Deflates Emerging Market Currencies and Shares; Developed Nations Rise on Good News out of China and Europe
Although the minutes from the Federal Reserve's recent meeting indicate broad support for reducing the Fed’s $85 billion...
FOMC Minutes Indicate Possible Fed Tapering; Stocks Drop on Fed Officials’ Support for Stimulus Cuts; Obamacare, Weak U.S. Growth Fuel Part-Time Hiring
The minutes of the Federal Open Market Committee’s recent meeting were released on Wednesday, revealing that Federal Reserve...
S&P Down for Fourth Straight Session; Japan’s Monthly Deficit Exceeds Expectations; Euro, U.S. Treasury Yield Rise
All three major U.S. stock indices fell Monday, as investors await the release of the Federal Open Market...
S&P 500 Experiences Worst Week of Year; Dollar Rallies against Euro, Yen; Euro Zone Trade Surplus Widens in June, Inflation Flat in July
As of early Friday afternoon, stocks are heading lower, extending what was already the S&P 500's worst week...
Economic Data Lowers Stocks; Gold, Silver Rise; Egyptian Oilfields Remain Open but Alert
Economic Data Lowers Stocks (Bloomberg) Continued concern over when the Federal Reserve will reduce its stimulus combined with...
Daily Data Flow: U.S. Stocks Fall, Italian and Spanish Bonds Rise with Euro; Germany, France Propel Fragile Euro Zone; Obamacare Causing Businesses to Cut Employee Hours
Stocks fell today, influenced by two factors: Macy’s Inc. reduced its earnings forecast, reflecting a drop in retailers....
Daily Data Flow: Japanese Decline Brings Stocks Down; Dollar Rallies Ahead of Fed Outlook; Weak Retail Sales Coming
U.S. stocks fell today, sending the S&P 500 to its fifth drop in six sessions. This was due...
Apple Ruling May Damage Publishers; Increase in U.S. Diesel Production Spurs Exports; Banking Sector Presents a Dangerous Investment
Apple Ruling May Damage Publishers (Reuters) Investors in major publishing companies, like HarperCollins Publishers, Penguin Random House or...
S&P 500 Endures Sharpest Decline Since June; Fed Official Sees End of Easy Money; U.S. Trade Gap at Three-Year Low
S&P 500 Endures Sharpest Decline Since June (Bloomberg) As economists raised their expectations for second quarter growth, U.S....