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WASHINGTON— Figures on government spending and debt.
Citi argued it faces "a serious and imminent hazard" if it cannot process another interest payment by Argentina on $8.4 billion in bonds the country issued.
UBS' Art Cashin says Alibaba's IPO is boosting stocks a day ahead of the e-commerce giant's high-profile debut.
A new survey has found 10 percent of American workers have showed up to their jobs high. Are you surprised? Here’s what employers can do about it.
*Mechanical problems seen with diminished repo facility. *Central bank unveiled longer-term' normalization' plan. NEW YORK, Sept 18- No sooner did the Federal Reserve reveal its plan for eventually tightening U.S. monetary policy than many on Wall Street flagged problems with the mechanics of the strategy, and said more adjustments would have to come.
The Fed just might have triggered an early look at its dream trade—where short-term yields rise gradually and longer term rates rise more slowly.
Jerry Brown headed to the cradle of the Hollywood film industry Thursday to sign legislation that more than triples the state's tax credit to $330 million a year for films and TV shows produced in California.
The federal debt grew at the slowest pace since 2007 in the second quarter, the Federal Reserve said on Thursday.
Countries are waking up to the benefits of empowering women but there's more to be done, says the national finance co-chair of Ready for Hillary.
WASHINGTON— Average long-term U.S. mortgage rates surged this week, marking their largest one-week gain this year. Mortgage company Freddie Mac said Thursday the nationwide average for a 30- year loan jumped to 4.23 percent from 4.12 percent last week.
The Fed avoided a more severe recession but its choices aren't without consequences. It's time to pay up, says Michael Farr.
DUBLIN— Ireland's economy is growing at a rapid pace last experienced at the tail-end of the Celtic Tiger boom, government statisticians reported Thursday as economists declared that the country's debt crisis was dead and buried.
Jobless claims tumbled sharply in the latest week, but so did housing starts in August, which plummeted by more than 14 percent.
The mean income of the top 5 percent of households in Manhattan has soared, giving it the biggest income gap of any U.S. county. The NYT reports.
Bonds sold off as traders read the Fed's new rate forecasts as slightly more aggressive, but dovish comments from Yellen and the Fed statement drove stocks up.
FRANKFURT, Germany— The European Central Bank has launched a new stimulus program aimed at getting banks to lend more— but low demand for the first round of its super-cheap loans suggests the difficulty the ECB faces in reviving the economy.
TOKYO, Sept 18- Confidence at Japanese manufacturers fell the most in nearly two years in September as a tax increase hit the economy harder than expected, while exports slid in August in a further sign that conditions have deteriorated in the crucial third quarter.
Nearly 970,000 Washington residents, or 14.1 percent, were in poverty in 2013, compared to about 915,000, or 13.5 percent, in 2012, according to the American Community Survey that surveyed people between January and December 2013.
Robert Heller, Former Federal Reserve Governor, says changes in the dot-plot indicate that the Fed is ahead of the curve and tightening could occur earlier than market expectations.
SEJONG, South Korea, Sept 18- South Korea's government will boost budget spending more than previously planned at least for the next three years to help the local economy better cope with a tepid global recovery and a continued slump in domestic demand.
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