Economics

Senate votes put Fed board at full strength

Yahoo Finance Economy - Thu, 05/17/2012 - 10:18

The Senate on Thursday confirmed two nominees to the Federal Reserve, bringing its short-handed board up to full strength for the first time since 2006 as it wrestles with a tepid economic recovery and ...

Categories: Economics

Senate confirms investment banker Powell to Fed

Yahoo Finance Economy - Thu, 05/17/2012 - 10:18

The Senate confirmed investment banker Jerome Powell to the Federal Reserve Board, the second of two nominees approved by lawmakers on Thursday. The confirmation of Powell by a vote of 74 to 21 and of ...

Categories: Economics

Dealers saw asset buys most likely Fed tool: survey

Yahoo Finance Economy - Thu, 05/17/2012 - 10:00

U.S. primary dealers saw asset purchases as the most likely policy tool the Federal Reserve would use to give the economy another boost, according to a survey done last month. The Federal Reserve Bank ...

Categories: Economics

Senate confirms Obama's nominees to Federal Reserve Board

Yahoo Finance Economy - Thu, 05/17/2012 - 08:51

Senate confirms Obama's nominees to Federal Reserve Board

Categories: Economics

Commodities Sold on Greece Woes, May Extend Losses on Fed Minutes

Yahoo Finance Economy - Wed, 05/16/2012 - 03:08

Commodities Sold on Greece Woes, May Extend Losses on Fed Minutes

Categories: Economics

Pound Eyes BOE Minutes, Dollar Looks to Fed Minutes to Drive Rally

Yahoo Finance Economy - Wed, 05/16/2012 - 00:23

Pound Eyes BOE Minutes, Dollar Looks to Fed Minutes to Drive Rally

Categories: Economics

Housing starts, oil supplies, Fed on tap

Yahoo Finance Economy - Tue, 05/15/2012 - 22:16

Today's economic calendar features a wide array of data, including mortgage applications, housing starts, oil inventories, and the Federal Reserve's meeting minutes.The day begins with MBA mortgage-purchase ...

Categories: Economics

Senate leaders move toward vote on Fed nominees

Yahoo Finance Economy - Tue, 05/15/2012 - 19:32

President Barack Obama's two stalled nominees for the Federal Reserve are likely to clear a Senate procedural hurdle on Thursday, paving the way for anticipated confirmation, the chamber's leaders said ...

Categories: Economics

Senate leaders move toward vote on Fed nominees

Yahoo Finance Economy - Tue, 05/15/2012 - 13:48

President Barack Obama's two stalled nominees for the Federal Reserve are likely to clear a Senate procedural hurdle on Thursday, paving the way for anticipated confirmation, the chamber's leaders said ...

Categories: Economics

Treasury bond market at a glance

Yahoo Finance Economy - Tue, 05/15/2012 - 13:30

Key barometers in the Treasury market late Tuesday, compared with late Monday. Price changes in the 10-year note and 30-year bond are per $100 invested:___1. Bond Buyer index of 40 actively traded municipal ...

Categories: Economics

Figures on government spending and debt

Yahoo Finance Economy - Tue, 05/15/2012 - 12:06

Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.

Categories: Economics

Foreign holdings of US debt hit record high

Yahoo Finance Economy - Tue, 05/15/2012 - 06:26

Foreign demand for U.S. Treasury securities rose to a record high in March. China, the largest buyer of Treasury debt, increased its holdings for a third straight month.Total foreign holdings rose 0.3 ...

Categories: Economics

Foreigners boost buys of long-term U.S. securities: Treasury

Yahoo Finance Economy - Tue, 05/15/2012 - 05:40

Foreigners increased purchases of long-dated U.S. securities, including government bonds, in March, the U.S. Treasury said on Tuesday, but lightened up on short-term assets such as bills. Overseas investors ...

Categories: Economics

Surprise German GDP boosts markets

Yahoo Finance Economy - Tue, 05/15/2012 - 04:08

World markets reversed their slide this morning after Europe narrowly avoided a recession with a German GDP report that came in slightly above expectations. U.S. traders are now looking towards retail ...

Categories: Economics

Euro Unmoved by Mixed German ZEW Survey, Weak EZ GDP Data

Yahoo Finance Economy - Tue, 05/15/2012 - 01:32

Euro Unmoved by Mixed German ZEW Survey, Weak EZ GDP Data

Categories: Economics

Instant View: German prelim first-quarter GDP unexpectedly strong

Yahoo Finance Economy - Mon, 05/14/2012 - 23:05

German gross domestic product grew a surprise 0.5 percent in the first quarter in seasonally adjusted terms - well ahead of a consensus forecast, as exports helped the economy bounce back from contraction ...

Categories: Economics

Instant View: German prelim first-quarter GDP unexpectedly strong

Yahoo Finance Economy - Mon, 05/14/2012 - 22:55

German gross domestic product grew a surprise 0.5 percent in the first quarter in seasonally adjusted terms - well ahead of a consensus forecast, as exports helped the economy bounce back from contraction ...

Categories: Economics

Report: Ohio casinos will hurt Detroit's budget

Yahoo Finance Economy - Mon, 05/14/2012 - 05:59

Detroit's hard-pressed treasury can expect to take another hit as Ohio opens four casinos that'll be in direct competition with three in the Motor City, according to a consulting company.The treasury stands ...

Categories: Economics

ResCap decision good for taxpayers: U.S. Treasury

Yahoo Finance Economy - Mon, 05/14/2012 - 05:44

The decision by Ally Financial Inc's mortgage unit to file for bankruptcy should make it easier for the government to recover its investment in the auto lender, the U.S. Treasury said on Monday. "While ...

Categories: Economics

Treasury ETFs Rally as 10-Year Yield Dips Below 1.8%

Yahoo Finance Economy - Mon, 05/14/2012 - 04:52

Treasury yields fell Monday and bond ETFs rallied as fears Greece will leave the euro continued to rattle global markets. Most European indices were down more than 2% while yields on the 10-year Treasury ...

Categories: Economics

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