Slowing Pace of Home Sales Raises Fears of New Retreat
Thursday, January 7th, 2010The number of houses placed under contract fell sharply in November in the first drop in nearly a year, new figures show.
author By DAVID STREITFELD, source www.nytimes.com
U.S. Service Sector Shows Modest Growth
Thursday, January 7th, 2010The expansion reflected a slowly improving economy — but it was too slight to generate much hiring.
author By THE ASSOCIATED PRESS, source www.nytimes.com
Some at Fed See a Need to Do More for Housing
Thursday, January 7th, 2010Some members of the Federal Reserve suggested the bank may have to expand measures to help mortgage markets.
author By DAVID STREITFELD and JACK HEALY, source www.nytimes.com
Shares Wander as Wall Street Remains Cautious
Thursday, January 7th, 2010Traders seem hesitant about several sectors, particularly the housing and labor markets, and are waiting for signals on higher interest rates.
author By JAVIER C. HERNANDEZ, source www.nytimes.com
Retailers See Holiday Sales Rebound From Grim 2008
Thursday, January 7th, 2010Retailing chains on Thursday confirmed that they had a better Christmas in 2009 than the previous year, which was the worst holiday season in decades.
author By STEPHANIE ROSENBLOOM, source www.nytimes.com
House Panel Approves Executive Pay Restraints
Wednesday, July 29th, 2009A committee approved legislation closely resembling President Obama’s proposal for executive pay limits.
author By STEPHEN LABATON, source www.nytimes.com
China Seeks Assurances That U.S. Will Cut Its Deficit
Wednesday, July 29th, 2009The rising American deficit is a concern for China because it could put at risk China’s vast holdings of Treasury securities and other dollar-based assets.
author By MARK LANDLER and DAVID E. SANGER, source www.nytimes.com
Stocks & Bonds: Modest Gain After a Drop in Oil Prices
Friday, June 20th, 2008Stocks ended a back-and-forth session with modest advances as a sharp drop in oil prices helped counter renewed concerns about the strength of the economy.
author By THE ASSOCIATED PRESS, source www.nytimes.com
Philadelphia Fed Reports Decline in Factory Activity
Friday, June 20th, 2008Activity at mid-Atlantic factories has fallen for a seventh consecutive month, while new data on unemployment benefits points to a sluggish labor market.
author By REUTERS, source www.nytimes.com
Shares Are Mixed as Oil Price Declines
Tuesday, June 17th, 2008Wall Street started the week with a mixed finish on Monday as investors weighed volatility in oil prices against new hope for the financial sector after Lehman Brothers posted results.
author By THE ASSOCIATED PRESS, source www.nytimes.com
Booming, China Faults U.S. Policy on the Economy
Tuesday, June 17th, 2008Americans once scolded the Chinese on mismanaging their economy. But in recent weeks, the fingers have been wagging in the other direction.
author By EDWARD WONG, source www.nytimes.com
Producer Prices Rise 1.4% in May
Tuesday, June 17th, 2008The rate was the fastest in six months, but core inflation — excluding food and energy — grew only moderately.
author By THE ASSOCIATED PRESS, source www.nytimes.com
Stocks & Bonds: Oil Prices Bounce Higher, Sending Markets Lower
Thursday, June 12th, 2008Stocks tumbled Wednesday as oil prices rebounded, fanning concerns that inflation would further pinch consumers and lead central banks to raise interest rates.
author By THE ASSOCIATED PRESS, source www.nytimes.com
Fed Says Economy Was Weak in April and May
Thursday, June 12th, 2008The Federal Reserve’s regular “Beige Book” report sent a reminder that growth remains a hurdle for the central bank even as it steps up efforts to fight inflation.
author By MICHAEL M. GRYNBAUM, source www.nytimes.com
Commodity Prices Show No Letup
Thursday, June 12th, 2008Heavy rains and cool weather in the Midwest are driving up the price of corn, while other commodity prices like oil, soybeans and wheat also jumped on Wednesday.
author By DAVID STREITFELD and JAD MOUAWAD, source www.nytimes.com
Tax Checks Yield Surprising Growth in Retail Sales
Thursday, June 12th, 2008Retail sales last month rose 1 percent, more than expected, after Americans received tax rebates.
author By MICHAEL M. GRYNBAUM, source www.nytimes.com
McDonald’s Sales in May Top Forecasts
Tuesday, June 10th, 2008McDonald’s said on Monday that global sales in May were up a stronger-than-expected 7.7 percent at established restaurants, and its shares rose more than 4 percent.
author By REUTERS, source www.nytimes.com
Bush Talks Up Dollar as He Heads to Europe
Tuesday, June 10th, 2008Amid soaring oil prices and worrisome inflation, the White House is joining with the Federal Reserve in calling for an end to the dollar’s slump.
author By SHERYL GAY STOLBERG and STEVEN R. WEISMAN, source www.nytimes.com
Stocks & Bonds: Investor Optimism Gets the Upper Hand
Saturday, June 7th, 2008Wall Street surged Thursday as investors looked past a sharp rebound in oil prices and focused on more positive news.
author By THE ASSOCIATED PRESS, source www.nytimes.com
Two Fed Bank Presidents Warn About Lending to Securities Firms
Saturday, June 7th, 2008Two Federal Reserve Bank presidents warned in separate speeches on Thursday that the central bank’s decision in March to lend to securities firms might sow the seeds of further financial crises.
author By BLOOMBERG NEWS, source www.nytimes.com