WASHINGTON — If the world’s investors are right, the Federal Reserve is about to take a bold new step to try to invigorate the U.S. economy. And many expect the Fed to unleash its most potent weapon: a third round ...Read More »
WASHINGTON — The Federal Reserve appears to be moving toward announcing some new step to try to energize the troubled U.S. economy. The question is whether it will do so after its policy meeting this week. Probably not, many economists ...
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The price of oil hovered near $90 a barrel on Monday, holding onto most of the previous week’s gains, as expectations remain elevated that the European Central Bank would act to prevent Spain’s financial woes from deepening. By early afternoon ...Read More »
BANGKOK — Oil extended gains Friday in Asia after the European Central Bank chief promised to do what it takes to keep the euro currency union intact and China stepped up stimulus efforts to counter its slowdown. Benchmark crude for ...Read More »
WASHINGTON — The American job machine has jammed. Again. The economy added only 80,000 jobs in June, the government said Friday, erasing any doubt that the United States is in a summer slump for the third year in a row. ...
Tagged with: Ben Bernanke China consumers Economy employees employers European Central Bank federal reserve hiring interest rates job market jobs Labor Department mitt romney Stocks Unemployment unemployment rate wagesRead More »
FRANKFURT, Germany — The central banks of the wealthiest countries, trying to prevent a debt crisis in Europe from exploding into a global panic, swept in Wednesday to shore up the world financial system by making it easier for banks ...Read More »
NEW YORK — A rare earnings miss by Apple pulled down technology stocks Wednesday. Broad market indexes turned lower in late afternoon trading on reports of an impasse in talks to resolve Europe’s debt crisis. The leaders of Germany, France, ...Read More »
Fears about Europe’s debt crisis are pushing the yield on the 10-year Treasury note to its lowest point on records dating back nearly 50 years as investors seek safety. The rally in Treasury prices was sparked in part by the ...Read More »
The problems that weighed down stocks all summer show no sign of letting up. U.S. stocks plunged Friday, erasing the week’s gains, amid rising fears about fallout from Europe’s debt crisis. Seeking safer investments, investors sent the yield on the ...Read More »
LONDON — A pledge by the Federal Reserve to keep extremely low interest rates for another couple of years has calmed investors’ jitters, sending stock markets around the world higher Wednesday. The Fed’s surprise announcement Tuesday that it would likely ...Read More »