U.S. stocks pared their early gains on Friday as traders dissected mixed reports on consumer sentiment, retail sales and business inventories after a week of record-setting gains and losses on Wall Street.
Posts Tagged ‘economy’
Where the Rich Are Keeping Their Money
June 24th, 2011 
satterthwaite2 Who are the rich? How are they doing and what, exactly, are they doing with their money?
FedEx 4Q net income rises 33 percent
June 22nd, 2011 satterthwaite2 FedEx Corp. says the global economy will continue to see moderate growth as fuel and other costs subside.
Mortgage applications declined last week: MBA
June 22nd, 2011 satterthwaite2 Applications for home mortgages fell last week, after a sharp bounce the week before, as refinance demand dropped and interest rates rose, an industry group said on Wednesday.
Oil falls below $99 per barrel
May 19th, 2011 satterthwaite2 Oil dropped Thursday after an international energy watchdog expressed “serious concern” about the negative effect of higher prices on the global economy.
EU considers more help for bailed-out Greece
May 9th, 2011 satterthwaite2 European authorities have conceded they may need to do more to help Greece with its massive debts more than a year after it was first bailed out, but robustly denied the country wanted to leave the common currency.
India central bank toughens stance, lifts rates by 50 bps
May 3rd, 2011 satterthwaite2 India’s central bank raised interest rates by a bigger-than-expected 50 basis points on Tuesday
Posted in The Market 
Tags: Abheek Barua, banks, Duvvuri Subbarao, economy, inflation, Reserve Bank of India 
3 Comments »Fed unveils proposal on mortgage standards
April 19th, 2011 satterthwaite2 Lenders would be required to make sure prospective borrowers have the ability to repay their mortgages before giving them a loan, under a proposal released by the Federal Reserve on Tuesday.
China growth sizzles, inflation bubbles
April 15th, 2011 satterthwaite2 China’s turbo-charged growth eased just a touch in the first quarter, while its inflation jumped to a 32-month high, putting pressure on the government to do more to rein in prices and keep the economy on an even keel.
China FX reserves soar past $3 trillion, add to inflation
April 14th, 2011 satterthwaite2 China’s foreign exchange reserves soared to a record of more than $3 trillion by end-March, while its money supply growth blew past forecasts, threatening to aggravate the nation’s inflation woes and trigger more policy tightening.
