As Economy Slows, Fed May Be Shifting Monetary Policy
A subtle but significant shift appears to be occurring within the Federal Reserve over the course of monetary policy as the economic recovery is weakening. The New York Times explains. Click here to read the full story
Read more..IMF, Spain Differ Over Pace of Economic Recovery
The IMF cautioned Spain on Friday that its deficit-reduction goals rely on overly optimistic economic forecasts and its budget picture will darken if the economy proves weaker than the government expects. Click here to read the full story
Read more..Europe Markets: European shares end lower but gain 5% in July
European shares lose ground after data show a slowing U.S. economy in the second quarter, offsetting earnings-related gains from Alcatel-Lucent and EADS. Click here to read the full story
Read more..Spain Jobless Rate up to 20.09 Percent
Spain’s unemployment rate rose to a 13-year high of 20.09 percent in the second quarter, the government said Friday, as the job market lagged behind an economy that has barely managed to break out of recession. Click here to read the full story
Read more..Europe Markets: European shares on track for monthly gain
European shares lose ground after data show a slowing U.S. economy in the second quarter, offsetting earnings-related gains from Alcatel-Lucent and EADS. Click here to read the full story
Read more..Asian shares down after Wall Street loses ground
By 2010-07-29T02:54:15Z TOKYO (AP) — Asian stocks retreated in early trading Thursday after disappointing news about the U.S. economy sent Wall Street lower…. Click here to read the full story
Read more..Stocks fall on economic outlook
NEW YORK (Reuters) - U.S. stocks fell on Wednesday after weak durable goods figures and a downbeat assessment of the economy from the Fed’s Beige Book kept the benchmark S&P 500 trapped below its 200-day moving average. Click here to read the full story
Read more..How the major stock indexes fared on Monday (AP)
The Dow Jones industrial average gained more than 100 points for the third straight day Monday after investors got some unexpected good news about the economy. A report on the housing market came in better than expected, and shipping giant FedEx Corp. released a forecast that was more upbeat than the prediction it made just [...]
Read more..Roubini: EU Stress Tests Criteria Not Realistic
The pan-European stress tests on the banking sector were not tough enough to reflect future worsening conditions for the continent’s economy, Nouriel Roubini told CNBC.com. Click here to read the full story
Read more..Europe Markets: Data, earnings fuel steep gains for Europe stocks
European shares posted convincing gains on Thursday, helped by some unexpectedly upbeat data on the region’s economy and earnings-related advances for ABB, Roche Holdings and others. Click here to read the full story
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