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 tagged economic recovery
Stocks fall on renewed concerns about Greek debt
NEW YORK — Investors are looking past a jump in home sales and focusing on concerns about Greece’s debt problems. READ MORE »
Sales of New Homes in U.S. Jump to Two-Year High
Purchases of new homes in the U.S. jumped in April to the highest level in two years as buyers rushed to qualify for a government tax credit before it expired at the end of the month. READ MORE »
FOREX-Euro nears 4-year low as China reviews holdings
* China reviewing euro zone debt holdings — FT
* Euro sentiment negative; contagion risk remains in focus
* U.S. durable goods orders, new home sales rise in April (Updates prices, adds comment) READ MORE »
Euro Rises for Second Day on Speculation Short Traders Exiting
The euro rose against the dollar for a second day on speculation investors betting on a drop in the currency were forced to exit their trades as European sovereign- debt concern eased. READ MORE »