Written by The dollar and the yen rose against their major counterparts as concern that Europe’s debt crisis is expanding and the U.S. economic recovery may be growing more slowly pushed investors to the safest currencies. READ MORE »
Posts tagged economy recovery
Producer Prices in U.S. Decreased 0.3% in May on Fuel
Wholesale prices in the U.S. fell in May for the third time in the past four months, pulled down by lower costs for energy and food as European default concerns threatened to slow the global expansion. 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 »
Treasury Two-Year Note Yield Near Record Low Before Fed’s Meeting Tomorrow
Treasury two-year note yields held at about the lowest on record amid speculation the Federal Reserve may consider additional stimulus to sustain the U.S. recovery. READ MORE »
Inventories in U.S. Increase More Than Forecast as Sales Slump
Inventories at U.S. businesses rose in June at a faster pace, propelled by a surge at retailers that indicates companies may need to cut prices to clear out merchandise as demand slows.