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Growing appeal for 10-year mortgages
The refinancing boom may be cooling down, but the move to shorter mortgages — especially 10-year loans among pre-retirees — appears to be accelerating. Some community banks say 10-year mortgages, once an insignificant niche option, are now...Tags: Federal Reserve, Economy, Business and Finance, Banking, Freddie Mac, Rockville (Bethlehem, Pennsylvania)
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Investors favor non-agency mortgages, bank loans amid rate rise
ReutersCHICAGO (Reuters) - Money managers touted the advantages of non-agency mortgage securities and bank loans on Thursday on expectations that housing prices will accelerate and interest rates will rise. Yields on non-agency mortgages, which are mortgage...Tags: Federal Reserve, Michael S. Dell, Shareholders, Chicago Mortgages, Mortgages
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GLOBAL MARKETS-Asian shares recover after bruising selloff, sentiment still fragile
Reuters* MSCI Asia ex-Japan rises 1.4 pct, Nikkei jumps after sharp sell-off * Markets respond to upbeat US data, but sentiment still fragile ahead of Fed meeting * Dollar stays volatile vs yen as position unwinding continues By Chikako Mogi TOKYO, June 14...Tags: Federal Reserve, Economy, Business and Finance, Asia, Shinzo Abe, Ben Bernanke
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Yuan little changed on economic worries, despite record midpoint
Reuters* Yuan nearly flat at 6.1340/dlr at midday * C.bank sets another record-high midpoint * Gap between spot rate and midpoint remains narrow * Traders see little room for further yuan gains By Chen Yixin and Gabriel Wildau SHANGHAI, June 14 (Reuters) -...Tags: Currency Values, People's Bank, China, Central Bank
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European shares snap four-session losing streak
ReutersLONDON, June 14 (Reuters) - European shares advanced on Friday, snapping a four-day losing streak, as robust U.S. economic data outweighed persistent uncertainty over the durability of stimulus measures from the U.S. Federal Reserve. The FTSEurofirst 300...Tags: Federal Reserve, BNP Paribas
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GLOBAL MARKETS-Shares, dollar steady after sharp selloff
Reuters* Nikkei recovers 2 pct, Euro share edge up 0.3 pct * Markets respond to upbeat US data, but sentiment fragile ahead of Fed meeting * Dollar gains foothold against yen; position-unwinding continues By Marc Jones LONDON, June 14 (Reuters) - Shares...Tags: Federal Reserve, Stock Market, Nikkei, Globalization, Foreign Exchange Market
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Yuan edges up amid lingering economy worries, ignores record midpoint
Reuters* Yuan closes up slightly at 6.1308/dollar * C.bank sets another record-high midpoint * Gap between spot rate and midpoint remains narrow * Traders see little room for further yuan gains By Chen Yixin and Gabriel Wildau SHANGHAI, June 14 (Reuters) -...Tags: Currency Values, People's Bank, China, Central Bank
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Euro zone inflation off 3-yr lows, fall in employment deepens
Reuters* Inflation off 3-yr lows in May to 1.4 pct * Consumer prices still well below ECB target * Euro zone malaise seen in deeper drop in Q1 jobs By Martin Santa BRUSSELS, June 14 (Reuters) - Prices of electricity, fruit and vegetables lifted the euro zone...Tags: Economy, Business and Finance, Labor Markets, Inflation and Deflation, Foreign Exchange Market, European Central Bank
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Market headwinds raise stakes for Abe's Japan revival plan
ReutersTOKYO (Reuters) - This is not how Japan's Prime Minister Shinzo Abe probably imagined reaching a key milestone in his economic revival plan. Pro-growth measures meant to complement hefty doses of budget and monetary stimulus met with a cool reception and...Tags: Economy, Business and Finance, Lobbying, Shinzo Abe, Employment, Morgan Stanley Dean Witter & Company
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Easing inflation fails to bolster India rate cut hopes as Asian markets roil
Reuters* Indian rupee worst hit EM currency after rand since May * Wholesale inflation eases for 4h straight month * Retail inflation still high on elevated food prices * RBI has cut repo rate at every review so far in 2013 By Suvashree Dey Choudhury...Tags: Economy, Business and Finance, Sports, Inflation and Deflation, Public Finance, Baseball
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UTC Chief To Head Up Corporate Tax Push
The Hartford CourantThe Business Roundtable, a national association of chief executives, chose United Technologies Corp.'s Louis Chênevert to lead its push for a reform of the country's tax system, the group said Thursday. "Adopting a modern, competitive tax system and...Tags: United Technologies Corporation, Boeing Co.
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Brazil's Mantega says economy speeding up; disputes critics -paper
Reuters* Brazil finance minister dismisses critics of policies * Growth will force change in S&P debt outlook cut -Mantega * Signs show Brazil is growing, inflation falling -minister RIO DE JANEIRO, June 9 (Reuters) - Brazil's economy is gaining force,...Tags: Economic Indicator, Economy, Business and Finance, Economy, Budgets and Budgeting, Finance
Jun 15, 2013
|Story| Hartford Courant
Jun 14, 2013
|Story| Reuters
Jun 13, 2013
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Jun 13, 2013
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Jun 14, 2013
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Jun 14, 2013
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Jun 14, 2013
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Jun 14, 2013
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Jun 14, 2013
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Jun 14, 2013
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Jun 13, 2013
|Story| Hartford Courant
Jun 9, 2013
|Story| Reuters
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