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GLOBAL MARKETS-Nikkei rises above 15,000 on weak yen, dollar resilient
Reuters* Nikkei rises above 15,000, hits 5-1/2-year high * Yen hovers near 4-1/2-year low versus dollar * MSCI Asia-Pacific ex-Japan edges up 0.2 pct By Masayuki Kitano SINGAPORE, May 15 (Reuters) - Japan's Nikkei share average surged to a 5-1/2-year high on...Tags: Economy, Business and Finance, Petroleum Industry, Car Safety Tips and Advice, Asia, Finance
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CORRECTED-ANALYSIS-Japan government-bond selloff sparks fears of too much, too fast
Reuters(Corrects recent range of 10-year JGB yield in 20th paragraph) * Narrowing spread of JGBs, US Treasuries could stem price fall * BOJ could frontload its JGB buying to calm markets -strategist By Lisa Twaronite TOKYO, May 15 (Reuters) - A three-day...Tags: Government Debt, Economy, Business and Finance, Citigroup Incorporated, Finance, G7
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Families reduce first-quarter debt
Los Angeles TimesWASHINGTON -- American families reduced their debt load in the first three months of the year by 1 percent, bringing it down to pre-recession levels after an uptick in the last quarter of 2012, the Federal Reserve said Tuesday. Outstanding household...Tags: Credit and Debt, Loans, Social Issues, Consumers, Financial and Business Services
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The Philadelphia Inquirer PhillyInc column
The Philadelphia Inquirert before 2012 ended, TF Financial Corp. announced that it would acquire tiny Roebling Financial Corp. for $14.5 million. I viewed it then as simply another example of a small fish in the local banking sector swallowing a minnow. TF, which operates...Tags: Economy, Business and Finance, Companies and Corporations, Finance, Office of the Comptroller of the Currency, The Philadelphia Inquirer
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GLOBAL MARKETS-Euro slips on euro zone Q1 GDP fall, shares rise
Reuters* Euro breaks below $1.29 after weak German data * Weak euro zone data fuels interest rate cut hopes * Dollar rises through 102.50 yen briefly * European shares stall on GDP but soon resume climb By Richard Hubbard LONDON, May 15 (Reuters) - The euro hit...Tags: China, Mario Draghi, Economy, Business and Finance, Finance, Economic Indicator
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RPT-NY Fed warned about impact of rising rates on retail investors
Reuters(Repeats story initially published late Tuesday) By Jennifer Ablan and Jonathan Spicer May 14 (Reuters) - Top U.S. money managers raised concerns at an informal discussion with New York Federal Reserve President William Dudley last month about the large...Tags: Economy, Business and Finance, Finance, Mutual Funds, Mortgages, Ben Bernanke
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US STOCKS-Futures flat ahead of U.S. data flurry
Reuters* Research in Motion falls after downgrade * PPI, Empire State data on tap * France enters shallow recession * Futures: Dow up 8 pts, S&P off 0.2 pt, Nasdaq up 1 pt By Chuck Mikolajczak NEW YORK, May 15 (Reuters) - U.S. stock index futures were...Tags: S&P 500, NASDAQ, Prices, France, Stock Market
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U.S. producer prices post biggest drop in three years
ReutersWASHINGTON, May 15 (Reuters) - U.S. producer prices recorded their largest drop in three years in April as gasoline and food costs tumbled, pointing to weak inflation pressures that should give the Federal Reserve latitude to keep monetary policy very...Tags: Economy, Business and Finance, Petroleum Industry, Labor Markets, Gasoline Industry, Commodity Markets
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GLOBAL MARKETS-Weak euro area growth hits currency, shares rise
Reuters* Euro breaks below $1.29 on weak euro zone data * European GDP data fuels rate cut hopes * Dollar rises through 102.50 yen briefly * European shares climb, U.S. stocks seen mixed By Richard Hubbard LONDON, May 15 (Reuters) - The euro hit a six-week...Tags: Mario Draghi, Economy, Business and Finance, Finance, Central Bank, Japan
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NY Fed manufacturing index contracts in May to lowest in four months
ReutersNEW YORK (Reuters) - Activity in New York state's manufacturing sector unexpectedly contracted in May, falling to the lowest level in four months as new orders and employment pulled back, data from the New York Federal Reserve showed on Wednesday. The...Tags: Labor Markets
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WRAPUP 1-U.S. producer prices post biggest drop in three years
Reuters* Producer prices fall 0.7 percent in April * Wholesale price drop largest in three years * Core PPI rises 0.1 percent, smallest since November * New York state manufacturing activity contracts in May By Lucia Mutikani WASHINGTON, May 15 (Reuters)...Tags: Economy, Business and Finance, Petroleum Industry, Labor Markets, Gasoline Industry, Commodity Markets
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Prices rise as manufacturing, inflation data weak
ReutersNEW YORK (Reuters) - Prices for Treasuries rose on Wednesday after a week of losses, as poor data on manufacturing pointed to lingering weakness in the economy and price pressures remained subdued. The New York Fed manufacturing index unexpectedly shrank...Tags: Unemployment Rate, ING Group, Career and Workplace, Employment Opportunities, Labor Markets
May 14, 2013
|Story| Reuters
May 15, 2013
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May 15, 2013
|Story| Los Angeles Times
May 15, 2013
|Story| McClatchy-Tribune
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Original site for Federal Reserve topic gallery.