Republican leaders may be worried about the Federal Reserve’s second round of quantitative easing, but the stock and credit markets are delighted: They’ve improved significantly since the plan was announced. But can the rally b…
Republican leaders may be worried about the Federal Reserve’s second round of quantitative easing, but the stock and credit markets are delighted: They’ve improved significantly since the plan was announced. But can the rally b…
The Conference Board’s index of leading economic indicators rose an impressive 1.1% in November — its biggest gain in eight months. It provides further evidence that the U.S. expansion is gaining momentum and will likely grow …
For the 22nd-straight month, the central bank kept its target interest rate at 0% to 0.25%. It made no new asset purchases and no changes to QE2, its $600 billion, eight-month bond-buying program. Housing and hiring are two mai…
The 0.7% increase in business inventories in October was less than expected, but it still represents the ninth straight monthly rise. The best news: Sales are rising at a slightly faster pace than inventories, so more growth vi…