Economy

Outlook for timing of rate hike little changed from June

Outlook for timing of rate hike little changed from June

In its latest summary of economic projections released Wednesday, the Federal Open Market Committee's outlook for the appropriate timing of raising the fed funds rate was little changed from June....

September 17, 2014 | 03:27 pm

U.K. to issue bond in renminbi

The U.K. government intends for Britain to become the first Western country to issue a bond in China's currency, the renminbi, said U.K. Chancellor of the Exchequer George Osborne.

September 12, 2014 | 02:42 pm
Higher yields, without increased risk

Higher yields, without increased risk

With equity markets at a historical peak and interest rates still low, rebalancing a portfolio is a painful proposition. Rather than investing in traditional fixed income, however, institutional...

September 11, 2014 | 10:07 am
Canadian provinces agree to uniform capital markets regulations

Canadian provinces agree to uniform capital markets regulations

An agreement on forming a cooperative capital markets regulatory system was announced this week by Canadian Finance Minister Joe Oliver and ministers of four Canadian provinces.

September 11, 2014 | 02:11 pm

European Commission names financial supervisory commissioner

Lord Jonathan Hill of Oareford was named commissioner for financial stability, financial service and capital markets union at the European Commission.

September 10, 2014 | 04:12 pm
CFTC says it has evidence of price-rigging on ISDAfix benchmark

CFTC says it has evidence of price-rigging on ISDAfix benchmark

Derivatives regulators told the Justice Department they've found evidence of criminal behavior following an investigation into banks' alleged manipulation of ISDAfix, a benchmark used to set rates...

September 08, 2014 | 05:34 pm
Only U.S. families in top income brackets see gains since 2010

Only U.S. families in top income brackets see gains since 2010

The median family income for all families in the U.S. fell 5% between 2010 and 2013, to $46,700 from $49,000, according to the Federal Reserve Board's latest triennial Survey of Consumer Finances.

September 05, 2014 | 01:08 pm
ECB's new asset purchases could total €2 trillion

ECB's new asset purchases could total €2 trillion

The European Central Bank announced Thursday it would begin purchasing asset-backed securities and covered bonds in an effort to prop up the region's economy and spur inflation. According to a Citi...

September 04, 2014 | 04:00 pm
Draghi calls for almost $1 trillion of stimulus, delays fight over quantitative easing

Draghi calls for almost $1 trillion of stimulus, delays fight over quantitative easing

Mario Draghi signaled at least €700 billion ($906 billion) of fresh aid for the eurozone's moribund economy and left a fight with Germany over sovereign bond purchases for another day.

September 04, 2014 | 03:15 pm

ITG plans to start dark pool for bonds under Posit brand

Investment Technology Group, operator of one of the oldest U.S. equity dark pools, is expanding into corporate bonds.

September 04, 2014 | 02:19 pm

Oaktree Capital to seek $10 billion fund for future distressed debt

Oaktree Capital Group is preparing for the economic recovery to falter.

September 03, 2014 | 02:10 pm
Dark-pool operator IEX Group raises $75 million round of funding

Dark-pool operator IEX Group raises $75 million round of funding

IEX Group has completed a $75 million round of funding led by boutique venture capital firm Spark Capital.

September 03, 2014 | 12:56 pm

Germany's economy

The country's economy shrank 0.2% in the second quarter, and its central bank recently cited several challenges to growth.

September 01, 2014 | 12:01 am
Employment optimism pushes consumer confidence higher

Employment optimism pushes consumer confidence higher

Rising consumer confidence in the US is confirming my bullish outlook for the economy and stocks. Tuesday's release of the August Consumer Confidence index was especially upbeat. It is based on a...

August 29, 2014 | 12:01 am
SEC announces pilot program to expand tick sizes for small-cap trades

SEC announces pilot program to expand tick sizes for small-cap trades

The SEC on Tuesday announced a one-year pilot program to widen minimum tick sizes for small-cap stocks.

August 26, 2014 | 05:46 pm