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Obama taps economist, banker as Fed governors

Obama taps economist, banker as Fed governors

HONOLULU/WASHINGTON (Reuters) – President Barack Obama will nominate Harvard economist Jeremy Stein and Jerome Powell, an investment banker and former Treasury official, to the two empty seats on the… Reuters:…

Signs of Strength in Chinese Economy – Wall Street Journal

Signs of Strength in Chinese Economy – Wall Street Journal

AsiaOne Signs of Strength in Chinese EconomyWall Street JournalThe surprise rise in the index is likely to assuage market concerns over a slowdown in the world's second-largest economy. The December…

Retail sales resilient in final holiday stretch

Retail sales resilient in final holiday stretch

(Reuters) – Retail sales look poised for a solid finish to the holiday season as warm weather and deep discounts encouraged shoppers to hit stores or go online to snap…

Financial market credit tightened at year end: Fed

Financial market credit tightened at year end: Fed

WASHINGTON (Reuters) – Banks tightened the screws on lending to major financial market participants in recent months, the U.S. Federal Reserve said on Thursday, reflecting concerns about Europe’s… Reuters: Economic…

Foreign central banks’ U.S. debt holdings fall: Fed

Foreign central banks’ U.S. debt holdings fall: Fed

NEW YORK (Reuters) – Foreign central banks’ overall holdings of U.S. marketable securities at the Federal Reserve fell in the latest week, data from the U.S. central bank showed on…

Romney Hones Economy Pitch – Wall Street Journal

Romney Hones Economy Pitch – Wall Street Journal

Wall Street Journal Romney Hones Economy PitchWall Street JournalThe former Massachusetts governor, who in recent polls is leading the GOP presidential field in Iowa, is calculating that voters have grown…

Economy gaining momentum, housing shows a pulse

Economy gaining momentum, housing shows a pulse

WASHINGTON (Reuters) – New U.S. claims for jobless benefits rose last week but the underlying trend pointed to an improving labor market, while regional factory data showed the economy gaining……

Spanish Inflation Slows for Second Month as Economy Falters – Bloomberg

Spanish Inflation Slows for Second Month as Economy Falters – Bloomberg

Globe and Mail Spanish Inflation Slows for Second Month as Economy FaltersBloombergSpanish inflation eased for a second month in December as the euro area's fourth-largest economy showed signs of contraction…

With economy faltering, debt crisis raging, Europe is down on euros on their … – CanadianBusiness.com

With economy faltering, debt crisis raging, Europe is down on euros on their …CanadianBusiness.comThese days, as it faces its biggest crisis yet, the euro is a daily reminder to more…

Contraction in China’s Manufacturing Boosts Easing Case: Economy – BusinessWeek

Contraction in China’s Manufacturing Boosts Easing Case: Economy – BusinessWeek

Bloomberg Contraction in China's Manufacturing Boosts Easing Case: EconomyBusinessWeekA deeper slowdown in China, the world's second-biggest economy, would impair a global expansion that is already faltering because of Europe's austerity…