Treasury yields, some of the most sensitive barometers of investor sentiment, keep dropping to new record lows as a torrent of bad economic news continues. But as investors send yields down, they're also influencing the economy — driving interest ...
3 Dec 2008
DENVER — Forty-eight hours after he couldn't lift his arm or even his toddler son, Carmelo Anthony didn't let the lingering pain in his right elbow keep him from scoring baskets by the bunches or handing out high-fives by the boatload. "You've ...
3 Dec 2008
Interest rates must be cut today by at least a further full percentage point, to an historic low of 2 per cent, to stave off a severe economic slump, a majority of The Times Monetary Policy Committee will recommend this morning. Still more drastic ...
3 Dec 2008
Oil prices wavered near three-year lows as investors weighed falling global demand and a government report showing an unexpected decline in U.S. crude inventories. Light, sweet crude for January delivery fell 17 cents to settle at $46.79 a barrel on ...
3 Dec 2008
MOSCOW — A Russian warship will sail through the Panama Canal this week for the first time since World War II, the navy announced Wednesday, pushing ahead with a symbolic projection of Moscow’s power in a traditional U.S. zone of influence. The ...
3 Dec 2008
Retired members of the United Auto Workers (UAW) pray for a better economic climate. DETROIT – The United Auto Workers said Wednesday it is willing to change its contracts with U.S. automakers and accept delays payments of billions of dollars to a ...
3 Dec 2008
Dec. 4 (Bloomberg) -- The euro traded near a one-week low against the dollar on bets the European Central Bank will cut borrowing costs by a half-percentage point today.
3 Dec 2008
Treasury yields, some of the most sensitive barometers of investor sentiment, keep dropping to new record lows as a torrent of bad economic news continues. But as investors send yields down, they're also influencing the economy — driving interest rates so low that savers get punished and borrowers get a break.
3 Dec 2008
Dec. 3 (Bloomberg) -- The euro traded near a one-week low against the dollar on bets the European Central Bank will cut borrowing costs by a half-percentage point tomorrow.
3 Dec 2008
Dec. 3 (Bloomberg) -- Brazil’s real sank to an eight-week low as falling commodity exports and mounting speculation the central bank will cut interest rates sparked capital flight.
3 Dec 2008
Dec. 3 (Bloomberg) -- Brazil’s real weakened to an eight- week low on concern a deepening global recession will further reduce demand for the country’s commodity exports.
3 Dec 2008
Dec. 3 (Bloomberg) -- Mexican benchmark local bond yields fell to a four-week low before a government buyback of up to 15 billion pesos ($1.1 billion) of debt that aims to hold down borrowing costs amid an emerging markets-wide rout.
3 Dec 2008
Insightful Analysis and Commentary for US and Global Equity Investors.
3 Dec 2008
Dec 3: ISM Services Falls to Record Low - The ISM Services, or Nonmanufacturing, Index fell to 37.3, a new record low. Also, nonfarm productivity growth was revised upward and unit labor cost growth was revised downward.
3 Dec 2008
A measure of the US service sector slumped further than expected to a record low in November, according to a report released on Wednesday.
3 Dec 2008
But achieving the goals set out in Building a Low-Carbon Economy will be expensive, a distraction from other priorities, and quite possibly futile. The committee, led by former business leader Adair Turner alongside scientists, ...
3 Dec 2008
Dairy farmers across Greece are demonstrating against low prices paid for milk by handing out free yoghurt and cheese in the northern city of Thessaloniki. The symbolic protest was aimed at making consumers aware of the fact that whilst ...
3 Dec 2008
(CEP News) Frankfurt - The services purchasing managers index for France hit rock bottom in November, reaching a record level of 46.2, down from both the preliminary estimate of 46.6 and October's 47.5 figure, according to Markit ...
3 Dec 2008
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