Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: dollar

A year later, S&P downgrade of U.S. looks like a dud

WASHINGTON — The rating agency Standard & Poor’s stunned the world a year ago by stripping the U.S. government of its prized AAA bond rating. The downgrade of long-term U.S. Treasurys threatened to sow chaos in financial markets, driving up ...

Read More »

No new action expected as Fed weighs job gains

WASHINGTON — Since the Federal Reserve’s policymakers last met in January, the job market has shown more muscle. Employers have hired more than a half million people. The unemployment rate is down. The core issue the policymakers face when they ...

Read More »

Dollar rises against euro ahead of Fed minutes

NEW YORK — The dollar is rising against the euro ahead of minutes to be released from the Federal Reserve’s latest meeting. The minutes, or meeting protocols, could offer some insight into the Federal Reserve’s outlook for the U.S. economy, ...

Read More »

Auto parts shortage causes drop in U.S. factory output

WASHINGTON — U.S. factories in April produced fewer goods for the first time in 10 months. A temporary parts shortage stemming from the Japanese earthquake forced automakers to cut back output. The Federal Reserve said Tuesday that manufacturing production fell ...

Read More »

Weak dollar gives U.S. factories a lift

WASHINGTON — The nation’s manufacturing sector has expanded this year at the fastest pace in a quarter-century, boosted by a weak dollar that has made U.S. goods cheap overseas. Strong factory production could help the economy rebound after experiencing weak ...

Read More »