Written by US industrial production inched up 0.1 percent in February, grinding to a near-halt amid severe snow storms that crippled large parts of the East Coast, Federal Reserve data showed Monday. READ MORE »
Posts in category US Deficit
Euro-zone troubles may keep stocks on edge
Stocks could face more volatility next week as growing doubts about whether Europe can solve its deepening debt crisis are likely to take center stage again. READ MORE »
Factory orders fall 1.4 percent in May
Orders to U.S. factories declined broadly in May after nine straight months of gains, raising new concerns that the recovery is stalling. READ MORE »
China reports surprising trade surplus jump
China’s trade surplus with the rest of the world grew more than expected in June, according to numbers released Saturday. READ MORE »
Dollar Declines as Gain in Stocks on Fed Outlook Revives Demand for Risk
The dollar erased its increase versus a basket of currencies including the euro and yen as an advance in stocks on the prospect of more easing by the Federal Reserve revived demand for assets related to economic growth. READ MORE »