U.S. stock index futures pointed to a higher open on Wednesday, with lawmakers looking to strike a deal to lift the country's borrowing limit before Thursday's deadline.» Read More
*Unemployment, inflation thresholds to guide rate decision. By Ann Saphir and Jonathan Spicer.
WASHINGTON, Oct 17- The Federal Reserve may have to wait until early next year before it sees sufficient strength in the U.S. economy to begin scaling back its bond-buying stimulus, after a destructive Washington budget battle that may take a bite out of growth.
CHICAGO, Oct 8- The would-be architects of a grand bargain to solve Illinois' $100 billion pension crisis have not met as a group for three months, and the state's last chance to strike a deal this year is slipping away. Credit agencies are threatening to cut Illinois' ratings, already the lowest of the 50 states, to BBB-plus, the level of Kazakhstan.
*Seen scaling back bond buys to $75 billion per month. Most economists expect the Fed to scale back its monthly purchases by a modest $10 billion, taking them to $75 billion and signaling the beginning of the end to an unprecedented episode of monetary expansion that has been felt worldwide.
SAN FRANCISCO, Sept 17- The Federal Reserve this week is expected to start winding down an epic economic stimulus that is credited with helping the United States claw back from the deepest slump since the Great Depression.
WASHINGTON, Aug 20- Central bankers from around the globe gather later this week in Jackson Hole, Wyoming, but for once, the absence of the Federal Reserve chairman means their annual get-together is not likely to spoil the summer vacation of traders on Wall Street.
Fed Chairman Ben Bernanke is not likely to say much new when he testifies before Congress Wednesday, but even so, he could rock the markets.
*Wall Street sees bubble concerns behind Fed shift. WASHINGTON, July 16- Federal Reserve officials were clearly taken aback by the selloff that was unleashed in global financial markets when the central bank's chairman, Ben Bernanke, warned that the Fed's bond buying would likely be scaled back this year.
WASHINGTON, July 12- Worries about rising interest rates and falling stock prices dinged U.S. consumer sentiment in early July, while other data showed a firm rise in wholesale prices, which could make the Federal Reserve more comfortable reducing its monetary stimulus.
WASHINGTON, July 12- Worries about rising interest rates and falling stock prices hit U.S. consumer sentiment in early July, while other data showed a firm rise in wholesale prices that could make the U.S. The Thomson Reuters/ University of Michigan's preliminary reading for its index of U.S. consumer sentiment edged down to 83.9 from 84.1 in June.
*Producer prices rise 0.8 percent in June. WASHINGTON, July 12- U.S. producer prices rose more than expected in June, pointing to an apparent increase in inflationary pressures that could make the U.S. The Labor Department said on Friday its seasonally adjusted producer price index increased 0.8 percent last month, the largest gain since September.
The threat of less central bank stimulus and higher interest rates crushed emerging markets more than most recently. And some investors see deals.
NEW YORK, June 30- The threat of less central bank stimulus and higher interest rates has crushed emerging markets more than most assets in the past two months, in some cases slashing the value of stocks and bonds in developing countries to levels not seen since the last financial crisis.
CHICAGO, June 26- The state of Illinois was forced to slash the price on $1.3 billion of bonds on Wednesday in order to entice investors to swallow the deal, the latest evidence of the penalty the market is inflicting on the state for its inability to resolve a long-running pension crisis.
The Boston Marathon bomb attacks had a fleeting impact on markets, but that could change, depending on what investigators uncover.
Some of the names on the move ahead of the open.
The stock market was already shaky before two blasts rocked the Boston Marathon. On Tuesday, traders will be seeking answers about who was behind the attacks.
Earnings season kicks into high gear in the week ahead. Plus, at least 10 Fed speeches. How risk-averse are investors? Oh, this is going to put them to the test. Rest up.
There's a lot at stake this earnings season, and the financial sector, the biggest stock market winner of the past year, will be put to the test Wednesday.
Among the earnings stories for Wednesday, Oct. 17, from The Associated Press:. _ U.S. Bancorp's net income leapt 14 percent in the third quarter as the regional bank made more loans to companies and people seeking mortgages. _ Northern Trust Corp. said its third-quarter net income rose 5 percent due to higher fees from clients for managing their money.