- Fedspeak Tops The Economic Calendar Oct 8-12
October 05 2012 3:33 PM
The U.S. Federal Reserve's assessment of current conditions, as well as data on inflation and trade, will highlight the economic calendar this week.
- This Week's Economic Events: Jobs, Jobs, Jobs!
October 02 2012 6:02 AM
Friday's jobs report will carry the most weight, since this is the penultimate report before the elections.
- US Manufacturing Rebounds But China, Europe Wilt
October 01 2012 12:12 PM
Despite mild uptick in September's U.S. PMI, the deepening euro zone crisis will continue to weigh on the global economy.
- Budgets, Durable Goods, Housing In Focus: Economic Events, Sept. 24-28
September 21 2012 4:59 PM
Officials in France and Spain will present 2013 budgets next week. Both will feature more austerity measures to meet budget-deficit targets.
- Signs Of Worsening Global Slowdown: Economic Data Wrap
September 20 2012 12:13 PM
Thursday's purchasing managers' indexes, or PMIs, reignited fears about global growth prospects, as no country can remain unscathed from the euro zone debt crisis.
- Danger From European Banks' Too-Big-To-Fail Syndrome Keeps Growing: Report
September 18 2012 11:24 AM
Many European banks have used easy credit from the European Central Bank to expand their balance sheet rather than use the easy credit to slim down and cut the level of risk in the assets they hold. In other words, too-big-to-fail is alive and well in the recession-plagued euro zone.
- Majority Of French Would Not Vote For Euro Today, But Don't Want To Switch Back To Franc Either
September 17 2012 1:26 PM
A French polling group found that 64 percent of France would vote against switching to the euro currency if the referendum were held today, but also are against moving back to the franc.
- CAW Chooses Ford In Effort To Secure Pattern Contract
September 16 2012 11:11 PM
The Canadian Auto Workers, or CAW, will concentrate on the Ford Motor Co. (NYSE: F) as it attempts to negotiate a collective-bargaining agreement in the roughly 24 hours left before its fast-approaching strike deadline on Monday at 11:59 p.m. EDT.
- QE3 Reviving Fears Of Global Currency Wars
September 14 2012 4:33 PM
Thursday's announcement by the U.S. Federal Reserve that it would be engaging in a third round of open-ended bond-buying, known as QE3, to energize the economy saw a resoundingly positive reception in the foreign financial markets, where indexes rose Friday. But market-watchers were expecting the global equity party would lead to an inevitable hangover soon, in the form of intervention by central banks around the world, to stop massive inflows of dollars into non-U.S. economies -- in short, a...
- Japan Seeks To Phase Out Nuclear Power, But Some Are Skeptical
September 14 2012 1:23 PM
Following the historic disaster at Fukushima nuclear power plant last year, the Japanese government is poised to completely shift its energy policy by phasing out its dependence on atomic energy by the 2030s.
- US Federal Reserve Sept. 13 Meeting Statement [Full Text]
September 13 2012 12:38 PM
In the statement, the Federal Reserve announced Thursday it will buy $40 billion per month of mortgage-backed securities, the start of the so-called third round of quantitative easing, QE3. The Fed also said it will continue 'Operation Twist,' bringing total securities purchased per month to $85 billion.
- British Hospitals On 'Brink of Collapse' Due To Spike In Elderly Patients, Sub-Standard Care: RCP
September 13 2012 9:57 AM
Britain’s aging population is placing a great burden on health care services.