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Market and Exchange

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  • Inside The Euro Crisis with Eckart von Klaeden, Minister of State in the Federal Chancellery

    Inside The Euro Crisis with Eckart von Klaeden, Minister of State in the Federal Chancellery
    On day two of my fellowship in Germany, our group of 12 American journalists learned more about the organization sponsoring our trip, the RIAS Berlin Kommission.
  • Consumer prices rose 0.3% in June on big jump in gas costs

    Consumer prices rose 0.3% in June on big jump in gas costs
    A big jump in how much Americans pay at the gas pump pushed consumer prices up 0.3% in June, but the overall inflation trend remained steady, the Labor Department said Tuesday. The rise in the Consumer Price Index was less than the seasonally adjusted...

    U.S. housing turning the corner, inflation creeping up

    U.S. housing turning the corner, inflation creeping up
    WASHINGTON (Reuters) - U.S. home resales hit an eight month-high in June, suggesting the housing market was gradually regaining momentum and would help the economy to stay on a higher growth path this year. The third straight month of home sales gains,...

    Japan government trims economic growth estimate for this year

    TOKYO (Reuters) - Japan's government slightly lowered its growth forecast for the current fiscal year due to sluggish exports and a drop in demand after the April sales-tax hike, but the forecasts were largely in line with the Bank of Japan's projections....

    Sterling near two-year high vs euro, caution on Scotland

    LONDON (Reuters) - Sterling edged towards a two-year high against the euro on Tuesday as hedge funds and speculators sold the single currency against the dollar and pound, betting euro zone monetary policy would stay loose. The risk of a surprise in...