It seems at first glance that firms should be finding it harder, not easier, to attract skilled workers. The Fiscal Times reports.» Read More
*Starts increase 13.2 percent, up in all four regions. WASHINGTON, May 16- U.S. housing starts jumped in April and building permits hit their highest level in nearly six years, offering hope that the troubled housing market could be stabilizing.
Several indicators of economic health finally seem to be moving in the direction the Federal Reserve says is needed for a strong recovery.
*No major data out of Asia on Friday. The common currency stood at $1.3714 after closing nearly flat in New York. Indeed, the euro has fallen more than 2 percent since May 8 when European Central Bank President Mario Draghi convinced markets that the bank was ready to inject fresh stimulus next month.
WASHINGTON, May 15- Federal Reserve Chair Janet Yellen said on Thursday hat the central bank is trying to make financial conditions more accommodative, and that the United States has further to go to achieve a healthy economy.
*Slovak PM: Russia says gas to Europe via Ukraine could be stopped. NEW YORK, May 15- Global equity markets fell on Thursday and safe-haven U.S. and German government bonds rose on fears over escalation of the crisis between Russia and Ukraine and in response to underwhelming U.S. and European economic data.
NEW YORK, May 15- Global equity markets fell on Thursday and safe-haven U.S. and German government bonds rose on fears over Russia and Ukraine and in response to underwhelming U.S. and European economic data.
U.S. Treasurys edged lower on Thursday, after a closely watched reading on April inflation showed prices rising.
NEW YORK, May 15- Global equity markets were rattled and investors flooded into safe-haven benchmark U.S. and German government bonds on Thursday on fears over Russia and Ukraine, along with mixed U.S. and weak European economic figures.
"Bonds are effectively acting as the parking place for capital until we see more consistency and a more compelling reason to put money to work in the market," said Peter Kenny, CEO of Clearpool Group in New York.
CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
*Wal-Mart profit falls as severe winter deters shoppers. NEW YORK, May 15- Wall Street was set for a lower open on Thursday as weaker-than-expected earnings from Wal-Mart Stores Inc overshadowed a number of better-than-expected economic reports.
LONDON, May 15- European stocks edged higher on Thursday while the euro and debt yields fell as weak euro zone growth data intensified expectations that the European Central Bank will cut interest rates next month. European stocks rose 0.2 percent, having hit a six-year peak, while Germany's DAX set a new record high. The MSCI world equity index was steady.
*Wal-Mart profit falls as severe winter deters shoppers. *Wal-Mart Stores Inc reported a 5 percent fall in quarterly profit as severe winter weather hurt comparable sales in the United States. *The New York Fed's Empire State and Philadelphia Fed manufacturing surveys are due at 8:30 a.m. and 10:00 a.m. EDT, respectively.
LONDON, May 15- European stocks followed Asia higher on Thursday while the euro fell as investors bet central banks in developed markets would continue their monetary support, with the European Central Bank poised to cut interest rates next month.
We see the ECB trying to figure out a way to keep interest rates down, says CNBC's Rick Santelli discussing the latest action in bonds and the flattening yield curve. Also Santelli checks out the play between the euro and U.S. dollar.
CNBC Contributor Ron Insana, and Jeremy Siegel, Wharton School at The University of Pennsylvania, discuss how weakness in housing may change the Fed's game plan on unemployment and inflation.
In its secular outlook, Pimco said that the next three to five years suggest an end to bull markets as investors have known them.
CNBC's Rick Santelli takes a look at how April's retail sales numbers impacted the markets, and the latest action in the U.S. dollar.
RIYADH, Saudi Arabia- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks on the economic outlook before the American Business Group of Riyadh- 0430 GMT.
The currency has strengthened nearly 4 percent in 2014, and more strategists have changed course and are jumping on the bullish bandwagon.