Earnings Preview: The Walt Disney Co (DIS), Qualcomm Inc (QCOM), Groupon Inc (GRPN), Office Depot Inc (ODP), Tesla Motors Inc (TSLA), Activision Blizzard Inc (ATVI)
Of the 355 companies in the S&P 500 that have already reported earnings, 68.2% have topped analysts’ expectations.
FOMC October Meeting Statement: Fed Keeps Policy Unchanged; No QE Tapering
The Fed said it plans to "await more evidence that progress will be sustained before adjusting the pace of its purchases."
ADP October Jobs Report 2013: Businesses Hired 130,000 Workers, Fewer Than Expected
The ADP private-sector job creation report once again disappointed investors -- coming in below the consensus estimate.
American International Group Inc. (NYSE:AIG) Earnings Preview: Q3 Profit Likely To Surprise On The Upside
AIG is expected to report better-than-forecast Q3 earnings, helped by a strong equity market and low catastrophe losses.
October FOMC Preview: Fed Won’t Reduce Stimulus QE At This Week’s Meeting
The Oct. 29-30 FOMC meeting will be more notable for what is discussed than what is done, economists predict.
Earnings Preview: Apple Inc (AAPL), Facebook Inc (FB), LinkedIn Corp (LNKD), General Motors Co (GM), Starbucks Corporation (SBUX)
If Apple reports weaker earnings per share for Q3, it will mark the fourth consecutive quarter the iPhone maker has had a year-over-year decline in EPS.
China’s Local Government Debt Crisis: Though Heavily Leveraged And Linked To Shadow Banks, Provincial Infrastructure Spending Will Come Just Short Of A Hard Landing
China's debt-ridden local governments are testing the limits of the "you have to spend money to make money" axiom.
US September Jobs Report 2013: 148,000 Added To Non-farm Payrolls, Unemployment Rate Falls To 7.2%
The U.S. government shutdown has muddied economic data too much for a data-dependent Fed to reduce stimulus at its next meeting.
Caterpillar Inc. (CAT) Earnings Preview: Q3 2013 Profit Falls On Sluggish Mining Demand
Caterpillar, the world's largest maker of construction and mining equipment, is expected to report a 31% drop in Q3 profit.
US Government Shutdown 2013: Release Schedule For September Jobs Report And Other Delayed Official Economic Data
With the U.S. government back open, we will finally get the government payrolls report next Tuesday.
Earnings Preview: Microsoft Corporation (MSFT), Ford Motor Company (F), AT&T Inc (T), Zynga Inc (ZNGA), Bristol Myers Squibb Co (BMY)
So far, the S&P 500 companies' earnings beat rate is lower than the historical average.
US Government Shutdown 2013: Fed Beige Book Offers Clues On US Economy
The Fed said about 1/3 of the nation reported slower GDP growth, with only scattered U.S. government shutdown effects.
US Debt Ceiling 2013: Implications Of A Sovereign Credit Rating Downgrade
Washington chaos has left the U.S. at greater risk of losing its remaining AAA credit ratings even if an imminent default is avoided.
A US Default Won’t Send Treasury Yields Soaring: Capital Economics
Treasury yields probably would rise but not by much in a default, given how brief a default would be and the implications for economic and monetary policy.
Trans-Pacific Partnership (TPP): A Trade Agreement You Should Care About
The pact, arguably the most important trade agreement in a generation, emerged after a decade of trade talk dissapointment.
US Debt Ceiling 2013: Counting Down To Default, Key Dates On Debt Limit
This week will be crucial in the countdown to a potential U.S. default. Here are the key dates to watch.
Debt Ceiling 2013: Government Shutdown Continues To Delay US Economic Data Releases; Watch For China Q3 GDP, Germany ZEW Survey
The focus will be on U.S., U.K. and euro-zone inflation, as well as China’s Q3 GDP, industrial production and retail sales.
Ukraine’s Banking System Vulnerable To Currency Devaluation, Slowdown In Capital Inflows
The ex-Soviet republic is also struggling with an economic contraction, a trade deficit, dwindling foreign currency reserves and debt.
Earnings Preview Q3 2013: Bank Of America Corp (BAC), Citigroup Inc (C), Google Inc (GOOG), Intel Corporation (INTC), The Coca-Cola Company (KO)
Analysts expect S&P 500 companies to report Q3 earnings of about 3%, down from close to 10% at the beginning of 2013.
Wells Fargo & Co (WFC) Earnings Preview: Q3 Profit Up On Reserve Release, Cost Cutting; Mortgage Business Slows
To hand in a decent report card, Wells Fargo may dip into the money it had previously set aside in tougher times to cover bad loans.
President Obama Nominates Janet Yellen As Fed Chair, Senate Confirmation Expected To Be Relatively Easy
Janet Yellen will likely be confirmed by a large majority in the Senate, ensuring a seamless transition of Fed leaders.
September FOMC Minutes Show Decision Not To Taper QE Was ‘Close Call’ For Several Fed Officials
FOMC minutes show some Fed policymakers on the fence about reducing the level of stimulus.
Janet Yellen To Be Nominated As Fed Chief By Obama On Wednesday
If confirmed by the Senate, Yellen would become the 15th Fed chairman and the first woman to hold that post.
IMF Cuts Growth Forecast For Global Economy, Warns US Government Default Risk
Assuming the U.S. avoids a default, the next big challenge will be for the Fed to start paring its monthly bond purchases.
China September Economic Data Preview: Q3 GDP, Inflation, Trade Balance, Investment
Economists expect the recovery to last until the end of the year, with growth likely to slow in 2014.
Greece’s Economic Crisis: Nation's Budget Forecasts End To Recession In 2014, Bond Sales Resuming Next Year
Greece also plans to return to bond markets in the second half of 2014.
US Government Shutdown 2013: What's Left On The Economic Calendar Next Week? FOMC September Meeting Minutes Takes Center Stage
The ongoing government shutdown has disrupted the normal data flow. Economists, along with the markets and the Fed, are flying blind when it comes to tracking the economy.
Earnings Preview: Alcoa (AA), Micron Technology (NU), Wells Fargo (WFC), JPMorgan Chase (JPM), Safeway (SW)
U.S. Q3 earnings warning ratio is the second worst since 2011; the record was Q2 of this year.
Treasury Warns Default Could Result In Recession Worse Than 2008 Financial Crisis
A U.S. default caused by a failure to raise the debt limit could trigger a worse financial crisis than in 2008, the department said.
No US September Jobs Report On Friday Due To Government Shutdown, Labor Department Confirms
Even if the U.S. government shutdown ends Thursday, the jobs report will be delayed, the Labor Department said.