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Markets flooded with cash, should Fed prep to stamp out risk?

YoopyaFeb 21, 2014October 30, 20230

(Reuters) – A debate is growing louder within the Federal Reserve over whether it should stand ready to raise interest rates to prick any risky

World stocks hit 3-1/2 week high, dollar weak

YoopyaFeb 17, 2014November 25, 20230

(Reuters) – World stocks hit 3-1/2 week highs on Monday, helped by encouraging news on Chinese lending, while the dollar hit six-week lows following recent

Jamaica aims to revive economy with port hub

YoopyaFeb 17, 2014November 25, 20230

OLD HARBOR, Jamaica (AP) — This hardscrabble harbor town on Jamaica’s southern coast seems an unlikely contender in an emerging regional competition over the shipping

German, French growth creeps above forecasts in last months of 2013

YoopyaFeb 14, 2014October 30, 20230

(Reuters) – Economic growth in Germany and France, the euro zone’s two largest economies, marginally exceeded expectations in the fourth quarter and offered hope of

Analysis – Snow blind: winter’s wrath obscures views on U.S. economy

YoopyaFeb 14, 2014November 25, 20230

(Reuters) – Interpreting U.S. economic figures in the last couple of months has taken on a familiar pattern: wonder about possible weakness in demand, and

Wall Street’s most eligible banker Fleming waits for suitor

YoopyaFeb 12, 2014October 30, 20230

(Reuters) – Wall Street power brokers are betting that Greg Fleming will be chief executive of a major U.S. company one day, but no one

Yellen stays the course, says Fed to keep trimming stimulus

YoopyaFeb 12, 2014January 20, 20230

Janet Yellen, fresh from taking the helm of the Federal Reserve, made it clear on Tuesday she would not make any abrupt changes to U.S.

As Yellen makes Fed debut, expect theater, not fireworks

YoopyaFeb 10, 2014November 1, 20230

(Reuters) – Janet Yellen’s first test as chair of the Federal Reserve comes on Tuesday when she faces U.S. lawmakers, some hostile to the central

US jobs report for Jan. might be hard to interpret

YoopyaFeb 7, 2014November 29, 20230

WASHINGTON (AP) — One of the most highly anticipated U.S. jobs reports in months might also prove to be among the most puzzling. Friday’s report

Australia central bank shuts door on rate cuts, A$ surges

YoopyaFeb 4, 2014November 25, 20230

(Reuters) – Australia’s central bank kept its main cash rate at a record low of 2.5 percent on Tuesday as widely expected but surprised some