[at CNBC] – Friday s jobs report is expected it to be pivotal not only for stock and bond investors but for the Federal Reserve, which is weighing whether to take further steps to boost the struggling US economy.
September 3rd, 2010 | Posted in Economic News | No Comments
[AP] – FED CHIEF SEES LESSON FROM CRISIS: Federal Reserve Chairman Ben Bernanke said regulators must be ready to shutter the largest institutions if they threaten to bring down the financial system.
September 3rd, 2010 | Posted in Economic News | No Comments
[at Reuters] – The U.S. Federal Reserve s balance sheet rose slightly in the latest week, Fed data released on Thursday showed. The balance sheet — a broad gauge of Fed lending to the financial system — edged up to $2.285 trillion in the week ended Sept. 1 from $2.284 trillion the previous week.
September 3rd, 2010 | Posted in Economic News | No Comments
[at Reuters] – Foreign central banks were net buyers of U.S. debt in the latest week, Federal Reserve data showed on Thursday. The Fed said its holdings of Treasury and agency debt kept for overseas central banks rose by $28.59 billion in the week ended Sept. 1, to stand at a total of $3.225 trillion.
September 3rd, 2010 | Posted in Economic News | No Comments
[at Reuters] – * Pending home sales rise 5.2 percent in July * New jobless claims fall 6,000 but still high * Second-quarter productivity revised to -1.8 pct rate
September 2nd, 2010 | Posted in Economic News | No Comments
[at MarketWatch] – The Treasury Department said it plans to sell $67 billion in notes and bonds next week, including $21 billion in benchmark 10-year Treasurys. The U.S. government said it will also auction $33 billion in 3-year notes and $13 billion in 30-year bonds.
September 2nd, 2010 | Posted in Economic News | No Comments
[at Reuters] – The U.S. commercial paper market contracted sharply for a second straight week as the slowing economy cooled demand for business credit and companies continued to issue longer term debt, Federal Reserve data showed on Thursday.
September 2nd, 2010 | Posted in Economic News | No Comments
[at MarketWatch] – Pending home sales in July rose 5.2% from downwardly revised June levels, the National Association of Realtors reports, though the indicator shows the market for existing homes is still depressed after the expiration of a key tax benefit.
September 2nd, 2010 | Posted in Economic News | No Comments
[at Reuters] – The U.S. commercial paper market contracted sharply for a second straight week as the slowing economy cooled demand for business credit, Federal Reserve data showed on Thursday.
September 2nd, 2010 | Posted in Economic News | No Comments
[at Reuters] – * New jobless claims fall 6,000 * Second-quarter productivity revised to -1.8 pct rate * Unit labor costs up 1.1 pct, fastest rate since Q4 2008
September 2nd, 2010 | Posted in Economic News | No Comments