The Federal Reserve seems likely to keep interest rates at record lows for several more months after news Friday that consumer prices excluding food and energy fell in January.
It was the first time such prices have fallen in any month since 1982.
The tame report on consumer prices sent a positive signal to investors and borrowers. [...]
Posts Tagged ‘investors’
Low inflation gives Fed room to keep rates down
February 20th, 2010 by Financial Writer
Tags: borrowers, businesses, Dow Jones Industrial, economic recovery, Federal Reserve, global financial markets, investors, low inflation
more...Small Investors Lost It All in Memphis
February 10th, 2010 by Financial Writer
The commercial real-estate mess is clobbering lots of investors. Few of them are reeling as much as the 27 owners of 1023 Cherry Road in Memphis, Tenn.
The office complex about five miles east of downtown tumbled into foreclosure last fall because the owners couldn’t refinance the $14 million loan used to buy the two glass-and-steel [...]
Tags: commercial mortgages, Debt, investors, loan, memphis, mortgages, unemployment
Investors worry about Downturn: The Sequel
February 8th, 2010 by Financial Writer
Jittery stock traders react to each day’s news as if it could be the start of Financial Crisis 2.0. On Thursday, the Standard & Poor’s 500 index suffered its biggest one-day drop in more than nine months because of worries about debt problems in Greece, Portugal and Spain. Concerns about China’s plans to limit economic [...]
Tags: downturn, economic growth, financial crisis, investors, jittery stock, the sequel, us economic recovery
Obama hits Wall Street, pushes for bank limits
January 22nd, 2010 by Financial Writer
Embracing Depression-era policy and populist politics, a combative President Barack Obama chastised big Wall Street banks Thursday and urgently called for limits on their size and investments to stave off a new economic meltdown.
Investors responded by dumping bank stock.
Obama’s rhetoric covered the whole financial industry, but the key changes will affect only a few high-profile [...]
Tags: bank limit, bank stock, barack obama, economic meltdown, financial industry, investors, wall street
Saudi billionaire eyes new links with News Corp.
January 17th, 2010 by Financial Writer
The Saudi billionaire whose investment firm is one of the biggest stakeholders in Rupert Murdoch’s News Corp. said he is looking to expand his alliances with the media giant, in the latest indication that his appetite for growth remains robust even as his company retrenches.
Prince Alwaleed bin Talal, a nephew of the Saudi king and [...]
Tags: investors, kingdom holding's, news corp., rupert murdoch's, saudi billionaire
Easy money may already be out of the markets
January 11th, 2010 by Financial Writer
The stock market rally is aging, and the surest sign is that investors are migrating to stocks that missed out on 2009’s big run.
The Standard & Poor’s 500 index is up 69 percent since March 9. The stocks hit hardest during the bear market, including financials and small-caps, led the rally during its first seven [...]
Tags: easy money, economy's recovery, investors, recession, stock market
Stock futures point to gains to start 2010
January 4th, 2010 by Financial Writer
Stocks appear headed for a higher opening Monday on the first day of trading in the new year following the lead of overseas markets. Stock futures rose.
An analyst’s ratings upgrade of Intel Corp. shares helped push the technology group higher.
Asian markets received a boost after new data showed China’s manufacturing sector expanded at its fastest [...]
Tags: china's manufacturing, economic recovery, investors, stocks futures, us investors
Stock rise as investors shake off GDP revision
December 22nd, 2009 by Financial Writer
Stocks rose Tuesday as investors appear to be shaking off a worse-than-expected report that showed economic growth in the third quarter was not as strong as previously forecast.
Overseas markets strengthened. A report that the British economy did not contract as much as previously thought in the third quarter sparked a rally in Europe.
The U.S. government [...]
Tags: economy grew, gdp, holiday, investors, stock rise
Stock futures fall as traders boost dollar, bonds
December 8th, 2009 by Financial Writer
Stock futures indicated a lower opening on Wall Street Tuesday, as investors sought more safe-haven assets like the dollar and Treasurys.
The dollar gained ground against other major currencies, while bond prices rose. Commodities fell as the dollar rose. A stronger dollar makes commodities more expensive for buyers overseas, and also hurts profits at companies that [...]
Tags: dow jones, Federal Reserve, investors, recession, stock futures, wall street
Stock futures rise ahead of economic surveys
December 1st, 2009 by Financial Writer
Stocks headed toward a higher open Tuesday as investors await reports on manufacturing and home sales for more evidence on the state of the economy.
Overseas markets are higher Tuesday amid diminishing fears about Dubai’s debt problems. The emirate’s government investment company said it was looking at restructuring.
News of a deal between General Electric and Vivendi [...]
Tags: broader economy, dubai's debt, economists, general electric, home sales, investors, stock