Reuters The European Central Bank agreed a new bond-buying program on Thursday to lower struggling euro zone countries’ borrowing costs which would serve as a “fully effective backstop”, ECB President Mario Draghi said on Thursday. …
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Business Insider Mario Draghi has disappointed the market, it would seem. In his press conference he’s made noises about yields being unacceptably high, and other things. But there’s no concrete action. Markets are going down. …
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WSJ U.S. stock futures edged lower after June retail sales unexpectedly fell, adding to worries about China’s economy and the consequences of the Spanish bank bailout. Less than an hour before the opening bell, Dow …
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Bloomberg The Federal Reserve will probably decide today to expand Operation Twist beyond $400 billion to spur growth and buy protection against a deeper crisis in Europe, according to a Bloomberg News survey of economists. …
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US futures were higher this morning, with many people pointing towards hope of new Fed action. The futures along with the Euro have since weakened based upon no news out of the Mario Draghi conference. …
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Bloomberg Federal Reserve Chairman Ben S. Bernankesaid accommodative monetary policy is still needed to spur jobs. Bank of America Corp. (BAC) and Dell Inc. (DELL) advanced at least 1.4 percent to pace gains among the …
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Reuters Consumer prices rose the most in four months in January as the price of gasoline jumped, highlighting a growing concern that higher energy costs could slow the economic recovery. In a report that might …
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Marketwatch Housing starts for January rose 1.5% to a seasonally adjusted annual rate of 699,000, according to an estimate from the Census Bureau and the Department of Housing and Urban Development. Economists polled by MarketWatch …
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Yahoo Finance Stock futures continue to trade with a lead over fair value, but they recently eased back in response to a headline regarding the possible delay of bailout funds for Greece. However, it was …
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Marketwatch German Finance Minister Wolfgang Schaeuble said in an interview with The Wall Street Journal on Monday that Greece must take the necessary steps to get its economy and finances in order, or euro-zone leaders …
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