US Economy

US Consumer Prices Rose Slightly In May
June 18 2013 8:47 AM

In the past year, prices are up 1.4% - or well within the Federal Reserve's "comfort zone" for inflation.
May US Housing Starts Jump Unexpectedly
June 18 2013 8:41 AM

The rebound is being driven by low mortgage rates, an improving job market and adequate consumer confidence.
Obama Unclear On Bernanke Third Term
June 18 2013 8:35 AM

President Obama hinted in an interview that he may not reappoint Federal Reserve Chairman Ben Bernanke to a third term.
Mexico's Pena Nieto Seeks To Open Up Energy Sector
June 18 2013 3:07 AM

Mexico's energy sector -- closed to competition for 80 years -- could open up to private investment if President Enrique Pena Nieto has his way.
EU-US Trade Pact Talks Under Way
June 17 2013 12:21 PM

The EU and the U.S. launched negotiations over a historic trade deal at the G-8 summit, despite French objections late last week.
The Mixed Impact Of A EU-US Trade Deal
June 17 2013 8:53 AM

A study says an EU-US trade deal could harm their traditional trading partners and emerging markets.
QE Tapering Among Key Economic Events Next Week?
June 14 2013 6:51 PM

The focus will be on the FOMC statement Wednesday, when the Fed will likely lower its forecasts, but remain ambiguous about the prospects for tapering its QE.
Good News Is Good News; So-So News Is Good News, Too
June 14 2013 5:12 PM

Indicators such as consumer confidence and initial jobless claims are trending positively overall, even if mixed week to week.
McDonald's New Rice Menu Fails To Entice Chinese
June 14 2013 3:28 PM

McDonald's is trying to overtake Kentucky Fried Chicken as China's fast food of choice. Its latest efforts don't seem to be catching on.
Detroit Emergency Manager Paints Grim Economic Picture
June 14 2013 12:51 PM

If Detroit's proposal to pay lenders 10 cents on the dollar is seen as a default, it could force the city into Chapter 9 bankruptcy.
IMF Cuts 2014 US Growth Outlook To 2.7% From 3.0%
June 14 2013 11:50 AM

The International Monetary Fund blamed the sequestration and deficit reduction for its lowered GDP outlook for the U.S.
Schwab Clients Traded 20% More In May Than Year Ago
June 14 2013 10:35 AM

Charles Schwab's data is closely watched as an indicator of retail investor sentiment.

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