Treasuries were little changed before an industry report that economists said will show pending U.S. home resales rose for a third month in April. READ MORE »
Posts tagged financial market
British Regulator Fines JPMorgan $49 Million
LONDON — JPMorgan Chase was fined £33.32 million, or $49 million, by Britain’s financial regulator Thursday for failing to keep client funds separate from the firm’s money. READ MORE »
Oil Rises After Increased Demand Forecast, Weaker U.S. Currency
Crude oil rose for a third day as the International Energy Agency increased its demand forecast and the dollar weakened, bolstering the appeal of commodities as an alternative investment. READ MORE »
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 »
U.S. Consumer Prices Fall on Lower Energy Costs
Consumer prices fell for the second consecutive month in May, extending a break for Americans’ pocketbooks. Less expensive energy was the main factor pulling down prices. READ MORE »