US Initial Jobless Claims Fall To 346,000, Biggest Weekly Decline Since Mid-November
The plunge to 346,000 after a large rise the week before partly reflects data skewed by the Easter period.
S&P 500, Dow Jones Industrial Average Stock Indexes Close At Record Highs
U.S. stock markets rallied for a third straight day on Wednesday, with both the Dow Jones Industrial Average and the S&P 500 ending at historic highs.
Brian Gross: The Fed Employee Who Leaked The FOMC Minutes
Who accidently released March FOMC minutes too soon? A special assistant to the BOG who works on government relations.
Fed Releases FOMC Minutes Early, Shows Debate Over When To End QE3; S&P 500 Hit Highest Level Ever
The Fed contacted the SEC and CFTC to see if there was any trading tied to Tuesday's early release of minutes.
China’s Yuan Internationalization: Africa Eyeing Dim Sum Bond Market
Analysts see potential for African governments or corporations to issue dim sum bonds, though interest has been limited so far.
Does Alcoa Inc (AA) Really Set The Tone For Earnings Season?
First-quarter earnings results will begin to trickle out with a few blue-chip names reporting this week, led by Alcoa on Monday.
North Korea: Foreign Embassies Ignore Evacuation Warning, Diplomats Stay Put In Pyongyang
No foreign embassies have chosen to leave Pyongyang despite warnings from North Korea.
International Consortium Of Investigative Journalists (ICIJ): Release Of ‘Secrecy For Sale: Inside The Global Offshore Money Maze’ Ignites Worldwide Reaction
ICIJ's investigation into the concealed world of tax havens and those who use them has made waves around the world.
US March Jobs Report 2013: Will Nonfarm Payrolls Confirm A Fresh ‘Spring Swoon’? Unemployment Rate To Hold At 7.7%
Many economists expect the $85 billion in U.S. government spending cuts due to sequester to lower GDP growth and job growth.
As China Rebalances Its Economy, Western Companies Rethink Their Business Strategy
As China slows down its speed in building new highways and airports, foreign industrial companies are searching for a new growth engine.
Chengdu Mini-MBA Courses: Rich Chinese Parents Spend $10K To Send 7-Year-Old Children To Business School For Kids [VIDEO]
Rich Chinese send their young children to special training programs to help them learn how to manage money.
Bank Of Japan (BOJ) April 3-4 Policy Meeting Preview: Is Haruhiko Kuroda Japan's Ben Bernanke?
This will be one of the BOJ’s most closely watched meetings in recent years, and it will set the direction and tone for future meetings.
China March Official Manufacturing PMI At 11-Month High; HSBC Final PMI Reading At 51.6
Two manufacturing PMI surveys released Monday showed steady momentum in the Chinese economy.
US Jobs Report, Auto Sales, Central Bank Meetings (BoJ, ECB, BoE): Economic Events For April 1-5
Friday's jobs report is expected to show that employers added 200,000 jobs in March, with an unchanged 7.7% jobless rate.
Cyprus Crisis 2013: Are US Depositors' Money Safe With The Bank?
Bank of Cyprus depositors learned they could lose as much as 60 percent of their accounts. U.S. depositors probably won’t suffer the same fate.
North Korea Reportedly Entering 'State Of War' Against South Korea: KCNA
North Korea says it has formally entered a "state of war" with its neighbor South Korea, according to state media Saturday.
Cyprus Crisis 2013: Who Is Next? Slovenia, Slovakia, Luxembourg And Malta Face Contagion From Cyprus As Banking Crisis Deepens
Cyprus' messy bailout deal has dragged other tiny economies with big banking sectors into the spotlight.
US Energy Independence: Tracking America’s Energy Bill
The U.S. will overtake Saudi Arabia as the world’s leading oil producer by about 2017 and will become a net oil exporter by 2030.
China’s Shadow Banking: Regulators Unveil New Controls On Banks’ Wealth Management Products
China's regulators are reining-in wildly popular but opaque investment products that form a key plank in China's shadow-banking system.
China’s Big State-Owned Banks Saw Rising Defaults, Shrinking Loan Profitability In 2012
The days of guaranteed fat profits are over for China's major state-run banks.
China’s Industrial Profits Extend Gains In Jan-Feb Period
China's industrial profits saw a fifth consecutive month of double-digit growth after eight months of steep falls last year.
Angela Merkel Says Cyprus’ Current Business Model Is Dead, But Wants It To Stay In Euro
"It must realize its current business model is dead," German Chancellor Angela Merkel said.
Currency Wars 2013: How Far Can The Japanese Yen Fall With Haruhiko Kuroda Taking The Bank Of Japan Helm?
Japan is determined to end economic stagnation. But having workers and importers bear the cost is not a sustainable solution.
US Initial Jobless Claims Rise To 336,000, But Remain Near 5-Year Low
The downtrend in the key labor metric may bode well for U.S. job growth in March.
A Look At China's High-Level Corruption Scandals In The Banking Sector
China's president is cracking down on "tigers" -- high-level officials – as well as "flies" – low-level officials. It's not going to be easy.
FOMC Meeting, Fed Chairman Ben Bernanke Press Conference - Live Blog
On Wed, the Fed kept its quantitative easing program intact, saying it expects moderate GDP growth in 2013. The vote was 11-1.
German ZEW Investor Sentiment Hits 3-Year High In March; Italy, Cyprus Risks Could Weigh On Upcoming Surveys
While March’s small rise left the index at a high level, concern about Italy and Cyprus will likely affect sentiment in the future.
US Housing Starts Up 0.8% In February, Building Permits At 4.5-Year High
U.S. builders began work on slightly more homes than expected in February, and new building permits jumped.
FOMC Meeting Preview: Fed Chairman Ben Bernanke's Press Conference To Provide Clues On When QE Will End
Recent U.S. data should convince the Fed that the economy has resumed growing after a temporary pause.
Libor Scandal Update: World’s Central Bankers Propose Using Several Rates
The Libor rate-rigging scandal isn’t unique. Interest rates all over the world are mostly made up.
