Reuters: Litmus test for U.S. factories, Greece
By Pedro Nicolaci da Costa
WASHINGTON | Sun Jun 26, 2011 3:05pm EDT
(Reuters) - The U.S. economy has decelerated sharply. A snapshot of the nation's manufacturing sector this week should help reveal whether the slowdown is temporary or the start of a trend.
Sunday, June 26, 2011
Friday, June 24, 2011
BNP Paribas: Brazil: The labor market remains tight.
BNP Paribas: BRAZIL
The unemployment rate in May was 6.4%, unchanged from April and in line with the consensus view. On a seasonally adjusted basis, the unemployment rate rose to 5.9% from a record low 5.8% reached in April. Both the payroll and the labor force expanded in May, by 0.4% m/m s.a. and 0.3% respectively.
The unemployment rate in May was 6.4%, unchanged from April and in line with the consensus view. On a seasonally adjusted basis, the unemployment rate rose to 5.9% from a record low 5.8% reached in April. Both the payroll and the labor force expanded in May, by 0.4% m/m s.a. and 0.3% respectively.
Thursday, June 23, 2011
Reuters: Greece in deal with EU/IMF on austerity plan
Reuters: Greece in deal with EU/IMF on austerity plan
By Ingrid Melander and Paul Taylor
ATHENS/BRUSSELS | Thu Jun 23, 2011 6:39pm EDT
(Reuters) - European Union leaders promised more money to help Greece stave off looming bankruptcy, provided its parliament enacts an austerity plan finalized in fraught last-minute talks with international lenders.
By Ingrid Melander and Paul Taylor
ATHENS/BRUSSELS | Thu Jun 23, 2011 6:39pm EDT
(Reuters) - European Union leaders promised more money to help Greece stave off looming bankruptcy, provided its parliament enacts an austerity plan finalized in fraught last-minute talks with international lenders.
Bloomberg: Jobless Claims Rise, Confidence Falls
Related News: Economy, US
Bloomberg: Jobless Claims Rise, Confidence Falls
By Alex Kowalski and Shobhana Chandra - Jun 24, 2011 5:34 AM GMT+0900
More Americans than forecast filed first-time jobless claims last week and consumer confidence fell, highlighting Federal Reserve Chairman Ben S. Bernanke’s concern that the slowdown in the economy may persist.
Bloomberg: Jobless Claims Rise, Confidence Falls
By Alex Kowalski and Shobhana Chandra - Jun 24, 2011 5:34 AM GMT+0900
More Americans than forecast filed first-time jobless claims last week and consumer confidence fell, highlighting Federal Reserve Chairman Ben S. Bernanke’s concern that the slowdown in the economy may persist.
CNBC: U.S. Could Face European-Style Debt Crisis: Congressional Report
CNBC: U.S. Could Face European-Style Debt Crisis: Congressional Report
Published: Wednesday, 22 Jun 2011 | 9:55 PM ET
By: AP
The rapidly growing national debt could soon spark a European-style crisis unless Congress moves forcefully, the Congressional Budget Office warned Wednesday in a study that underscores the stakes for a bipartisan group working on a plan to reduce red ink.
Published: Wednesday, 22 Jun 2011 | 9:55 PM ET
By: AP
The rapidly growing national debt could soon spark a European-style crisis unless Congress moves forcefully, the Congressional Budget Office warned Wednesday in a study that underscores the stakes for a bipartisan group working on a plan to reduce red ink.
WSJ: Fed Darkens Its Outlook but Plans No Changes
ECONOMY JUNE 23, 2011
WSJ: Fed Darkens Its Outlook but Plans No Changes
By JON HILSENRATH And VALERIE BAUERLEIN
Federal Reserve officials see the U.S. economy settling into a disappointingly weak recovery this year and next, and say they have done all they are prepared to do to spur growth for now.
WSJ: Fed Darkens Its Outlook but Plans No Changes
By JON HILSENRATH And VALERIE BAUERLEIN
Federal Reserve officials see the U.S. economy settling into a disappointingly weak recovery this year and next, and say they have done all they are prepared to do to spur growth for now.
Bloomberg: Foreclosed Inventory Shrinks as Homes Sell
Related News: Real Estate
Bloomberg: Foreclosed Inventory Shrinks as Homes Sell
By John Gittelsohn - Jun 22, 2011 10:30 PM GMT+0900
About 1.7 million U.S. homes were in the foreclosure process and expected to be put on the market as of April, down 18 percent from the peak, as fewer loans entered delinquency and more distressed homes sold, CoreLogic Inc. (CLGX) said.
Bloomberg: Foreclosed Inventory Shrinks as Homes Sell
By John Gittelsohn - Jun 22, 2011 10:30 PM GMT+0900
About 1.7 million U.S. homes were in the foreclosure process and expected to be put on the market as of April, down 18 percent from the peak, as fewer loans entered delinquency and more distressed homes sold, CoreLogic Inc. (CLGX) said.
Wednesday, June 22, 2011
Reuters: PIMCO head predicts Greece, others will default
Reuters: PIMCO head predicts Greece, others will default
TAIPEI | Tue Jun 21, 2011 11:11pm EDT
(Reuters) - The head of PIMCO, the world's biggest bond fund, predicted that Greece and other European economies would default on their debts to resolve their problems as the euro area faces a debt crisis.
TAIPEI | Tue Jun 21, 2011 11:11pm EDT
(Reuters) - The head of PIMCO, the world's biggest bond fund, predicted that Greece and other European economies would default on their debts to resolve their problems as the euro area faces a debt crisis.
Tuesday, June 21, 2011
Bloomberg: Existing-Home Sales in U.S. Fell in May to Six-Month Low, May Be at Bottom
Related News: Economy, Real Estate, US, Municipal Bonds
Bloomberg: Existing-Home Sales in U.S. Fell in May to Six-Month Low, May Be at Bottom
By Timothy R. Homan - Jun 22, 2011 5:19 AM GMT+0900
Sales of existing U.S. homes decreased in May to the lowest level in six months, a sign that the housing market is lagging other parts of the economy.
Bloomberg: Existing-Home Sales in U.S. Fell in May to Six-Month Low, May Be at Bottom
By Timothy R. Homan - Jun 22, 2011 5:19 AM GMT+0900
Sales of existing U.S. homes decreased in May to the lowest level in six months, a sign that the housing market is lagging other parts of the economy.
USAToday: Hydra-headed Greek crisis rises anew
USA TODAY: Hydra-headed Greek crisis rises anew
By Scott Patterson, USA TODAY
The crisis in Greece has been a lot like that never-say-die monster in B horror flicks that keeps popping up to scare the audience, even after it's been gunned down a dozen times. In the past week, the Greek crisis reared its head again, triggering a sell-off of risky assets around the globe. What happened this time?
By Scott Patterson, USA TODAY
The crisis in Greece has been a lot like that never-say-die monster in B horror flicks that keeps popping up to scare the audience, even after it's been gunned down a dozen times. In the past week, the Greek crisis reared its head again, triggering a sell-off of risky assets around the globe. What happened this time?
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