Adobe, Oracle, FedEx, General Mills: Earnings Reports To Watch, March 18-22
The fourth-quarter earnings are closing on a surprisingly good note, but analysts’ first-quarter growth estimates are looking bearish.
US Consumer Price Index (CPI) Up 0.7% In February On Higher Gasoline Prices; Largest Gain Since June 2009
Higher U.S. gasoline prices lifted a key inflation measure 0.7 percent in February, more than expected.
Asian Economies To Outperform In 2013; ASEAN Countries’ GDP Growth In The Spotlight
The global economy is recovering, despite the weakness in the West.
US Initial Jobless Claims Fall Again, Near A 5-Year Low
U.S. Labor Dept. officials said there were no unusual factors in the latest claims report and that all states provided data on time.
Will The Chinese Yuan Replace The US Dollar As The Global Reserve Currency?
As China moves up the economic pecking order, it's trying to promote the yuan as an alternative to the U.S. dollar.
Euro Zone Industrial Production Falls Sharply In January, Fueling ‘Too Much Austerity?’ Debate
Industrial production fell further than expected in the euro zone in January, putting pressure on the ECB to cut interest rates later this year.
Central Banks Buying More Gold And Alternative Assets (Including Chinese Renminbi), Diversifying Away From US Dollar And Euro: WGC
While the U.S. dollar is still the primary global currency, its long-term dominance is less certain.
UK Economy: Industrial Production Falls In January, Fans Triple-Dip Recession Fears
The bad news comes a week ahead of Chancellor George Osborne’s annual budget statement on March 20.
Chinese Economy In 2013: Following The Old Growth Pattern?
Although this model is unsustainable, China’s over-reliance on investment is showing no signs of waning.
Reform Is Coming To China: A Farewell To The Planned Economy?
China's leaders announced that its cabinet will be have four fewer departments, a sign of less government intervention in business.
Carl Icahn’s Icahn Enterprises Signs Confidentiality Agreement With Dell
The pair signed a confidentialty agreement - days after the activist-investor said he would push to replace the pc maker’s board.
US Retail Sales, CPI, PPI: Economic Events For March 11-15
In the wake of a surprising U.S. employment report, investors will be keeping an eye out for more proof of economic strength.
Currency Wars 2013: China Takes Aggressive Stance On Currency Tension With Japan, As Yen Sinks To New Low Against The US Dollar
What is China's next currency move now that the yen has weakened so much against the dollar?
US February Jobs Report 2013: Unemployment Rate At 4-Year Low; But Sequester Impact To Be Felt Later
February’s hiring increase was the highest since November, but economists warn that the trend could easily be reversed.
US-China Trade: China Loves America’s Green Technology
To stay ahead, U.S. policymakers must continue to invest in the success of the country's clean-energy companies.
What the Federal Reserve’s Beige Book Says About US Economy: Auto Sales, Manufacturing, Real Estate, Employment And Agriculture
Here’s a rundown of some nuggets from Wednesday’s Beige Book, which can be used to get a feel for the direction of the U.S. economy.
China February Economic Data Preview: Trade, Inflation, Industrial Output, Retail Sales, Fixed Asset Investment And Bank Lending Data On Tap
Is February economic data softness a result of the Lunar New Year seasonal distortion or fundamental weakness in China's economy?
ADP February Jobs Report 2013: Businesses Hired 198,000 Workers, More Than Expected
Payroll provider ADP said businesses added a better-than-expected 198,000 jobs in February, despite the payroll tax hike.
US February Jobs Report 2013: Higher Taxes, Sequester Likely Weighed On Hiring; Unemployment Rate Seen Holding At 7.9%
Economists polled by Reuters expect the economy to have created 160,000 jobs in February -- basically at the same pace as 2012.
Euro Zone PMI Services Index Illustrates A European Divergence: Markit
Germany and France are now farther apart than at any other time in the 15-year history of the Markit PMI survey.
Chinese Premier Wen Jiabao To Deliver Government Work Report At China’s 12th National People’s Congress (NPC) Session And Announce 2013 GDP Growth, CPI Inflation Target
The 12th National People’s Congress meeting, China’s top legislative body, will convene Tuesday and close on March 17.
US Lost Its Top Oil Importer Position To China: EIA
It looks like U.S. energy self-sufficiency is now within reach, even as China becomes more import-dependent.
US February Jobs Report 2013, Cyprus Bailout, China’s 12th NPC, Central Bank Meetings (ECB, BOE, BOJ): Economic Events For March 4-8
The job market will dominate economic news in the U.S. next week, with the latest figures on nonfarm payrolls to be released Friday.
Currency Wars 2013: Japan’s Weak Yen Strikes Big Blow, US Dollar, South Korean Won, Euro Join In The Fray; Global Economies Could Feel The Pain
The yen's slide is an effort to jump-start Japan, but holders of the dollar, won, Euro, yuan and other currencies see it as an act of aggression.
Hurun Global Rich List for 2013: Who Are The World’s Top 10 Richest People - Mexico's Carlos Slim Is No.1
The world’s billionaires had a combined fortune of $5.5 trillion -- the equivalent of China’s GDP, according to Hurun.
US Personal Income Posts Biggest Drop In 20 Years; Personal Spending Edges Up
Households responded to this hit to income by spending more and reducing their savings. But what does it mean for the economy's health?
China’s Shadow Banking: Regulators To Force Greater Disclosure Of Off-Balance-Sheet Lending
China's regulators will curb its rapidly expanding shadow banking system, which has for months greatly exceeded formal bank lending.
Brexit: If Britain Quits The EU, What Then?
What are the odds of a British exit from the European Union, or a “Brexit,” and what would it mean for investors and the global economy?
Royal Dutch Shell PLC Suspends 2013 Arctic Ocean Drilling
Shell has spent more than $4.5 billion on its search for oil in the Chukchi and Beaufort. But it's faced setbacks this winter.
US January Durable Goods Orders Better Than They Look
The underlying strength of the report suggests that business investment started the New Year on a particularly strong note.