- New-Home Sales Among Key Economic Events May 20-24
May 17 2013 3:38 PM
Data on manufacturing in Germany, France and the rest of the euro zone will cast light on its record-long recession.
- US Housing Starts Drop Far More Than Expected In April
May 16 2013 8:35 AM
Could the U.S. housing recovery be starting to fade?
- Dow, S&P 500 Set Record Highs
May 15 2013 4:07 PM
Question: How can you tell when the stock market sets a record high? Answer: When your watch says it's 4 pm.
- Why The US Deficit Is Shrinking Fast
May 15 2013 8:26 AM
The federal budget deficit has begun what the CBO thinks will be three years of contraction. After that, deficits will resume growing.
- Another Day, Another Record High On Wall Street
May 14 2013 4:43 PM
U.S. stocks extended their record-breaking streak Tuesday on a broadly based surge fueled by the Fed's easy money policy.
It’s been almost 30 years since American journalists coined the phrase “sleaze factor” to describe President Richard Nixon’s administration. It was a richly deserved riposte. Since then, the phrase has fallen into disuse, but a series of scandals in President Barack Obama’s administration suggest it may be time to dust it off.
The latest whiff of Obama administration sleaze comes from the Justice Department, which has been collecting telephone records of Associated Press reporters and editors. The White House hasn’t deigned to explain what looks to the rest of the world like contempt for the Fourth Amendment.
- US Retail Sales Rise More Than Expected In April
May 13 2013 8:43 AM
American consumers come through once again, giving retailers a boost in April and encouraging economists.
- Bangladeshi Army Ends Search For Rana Plaza Tragedy
May 13 2013 7:05 AM
Now the question is, will the government of Dhaka begin enforcing its own building safety standards?
- Housing Starts Among Key Economic Reports May 13-17
May 11 2013 10:36 AM
Economic reports this week may cast light on how long the current U.S. and Japanese stock-market rallies might last.
- Most Greek Youths Can't Get Jobs
May 09 2013 8:30 AM
If you're 24 years old in Greece, you can pretty much forget about getting hired.
- UK Central Bank Keeps Key Interest Rate At 0.5%
May 09 2013 7:14 AM
The bank also maintained its purchase of 375 billion pounds ($584 billion) of debt after the UK narrowly avoided a triple-dip recession.
- DJIA Closes Above 15,000 For First Time Ever
May 07 2013 4:43 PM
U.S. stocks set more records Tuesday, as a four-year long bull market stampedes into a fifth year.
- US Stock Market Sets Yet Another Record
May 07 2013 12:43 PM
U.S. and German stock market indexes set records on an array of encouraging reports and central bank actions.
- Portugal Gets A Lifeline From Bond Investors
May 07 2013 8:18 AM
Debt-burdened country finds investors willing to loan it 3 billion euros, despite the country's diminished credit ratings.
- Like Some Video Ads With Your Status Updates?
May 07 2013 7:43 AM
In a bid to rake in some online video ad revenue, Facebook will start putting video ads in user profiles in July.
- Dow Jones, S&P 500 Reach Record Highs
May 03 2013 4:10 PM
The U.S. equity market's bull run stampeded higher Friday, setting record highs amid a declining level of investor worries.
- Dow Tops 15,000 For First Time Ever
May 03 2013 10:56 AM
Both the blue-chip index and the broader S&P 500 crossed historic thresholds after a strong April U.S. jobs report.
- Recovery Revving Up? US Added 165K Jobs In April
May 03 2013 8:34 AM
Job increases for March and February were revised substantially higher, while the unemployment rate fell to 7.5 percent.
- US Jobless Claims Plunge To 5-Year Low
May 02 2013 8:36 AM
The number of initial jobless claims fell by 18,000 to 324,000, and the key four-week moving average also declined.
- Fed Maintains Bond-Buying Pace But Is Prepared To Change
May 01 2013 2:13 PM
The Fed said it can increase/reduce purchases to maintain the appropriate policy as the outlook for the labor market or inflation changes.