Written by Stocks rose once again on Friday, gaining ground for a third straight session to keep September’s rally on track. READ MORE »
Posts tagged economic recovery
PRECIOUS METALS: Gold Hits Record Above $1,280 Ahead Of FOMC
Gold futures Monday settled at their third consecutive record high on speculation about further stimulative U.S. government action ahead of Tuesday’s meeting of the Federal Reserve’s rate-setting committee. READ MORE »
Bernanke Says Economy Recovering More Slowly Than Policy Makers Would Like
Federal Reserve Chairman Ben S. Bernanke said the U.S. economy is recovering at a slower pace than policy makers want even as the central bank’s more than $1 trillion in bond purchases have reduced interest rates. READ MORE »
Recessions and Recoveries Are Not All the Same
In the old days — before 1990 — American recessions tended to be fairly sharp. But the recoveries, when they came, were also rapid. Laid-off workers were recalled and consumers who had deferred purchases out of fear they might lose their jobs were willing again to buy cars and homes. READ MORE »
Asian Shares Rise; Tokyo Stocks Get Lift From Tankan Survey
Asian stock markets were higher Wednesday, with Japanese stocks lifted by a better-than-expected business sentiment survey. READ MORE »