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WASHINGTON - U.S. consumer prices in May recorded their largest increase in more than two years as gasoline prices surged, suggesting the impact of lower oil prices on inflation probably was fading.
Source: Washington Post
LUXEMBOURG — Europe was scrambling Friday to pick up the pieces after another failed meeting over Greece’s bailout that reinforced fears that the country was heading for bankruptcy and a possible euro exit.
June 18, 2015 Merkel Presses Greece to Deliver on ReformSource: Time
German Chancellor Angela Merkel is pressing Greece to deliver on commitments to carry out reforms, stressing before a meeting of eurozone finance ministers that she wants the country to remain in the common currency.
June 18, 2015 European Shares Down Ahead of Greece Talks
Wall Street Journal - The îStoxxî Europe 600 lost 0.6% in early trade, while Germanyâs DAX-30 declined 0.7% and Franceâs CAC-40 fell 0.5%. In the U.K., he FTSE 100 was 0.2% lower. Athensâ main index...
June 18, 2015 Dollar falls, Wall St up in volatile post-Fed tradingSource: Reuters
The U.S. dollar slid on Wednesday while Wall Street stocks rose in volatile afternoon trading after the Federal Reserve signalled it may wait until late this year to raise interest rates.
Treasuries rose after Federal Reserve officials cut their longer-term forecasts for interest rates, while still signaling they are on track to begin raising borrowing costs this year. Ten-year note yields dropped to the lowest...
June 18, 2015 Fed says U.S. economy strong enough to handle rate hike
The U.S. economy is growing moderately after a winter swoon and likely strong enough to support an interest rate increase by the end of the year, but concerns remain over the recovery of the labour market, U.S. Federal Reserve...
Source: The Motley Fool
It's been the same song and dance for Caterpillar (NYSE: CAT ) and its shareholders over the last couple of years: annual declines in revenue and operating profits, accompanies by a stock price stuck in neutral. In 2012,...
June 17, 2015 Report: Texas has $81 billion in hidden debtSource: Watchdog.org
Texas has $81 billion in hidden debt that doesn’t show up on balance sheets, according to a new study by Truth in Accounting.
June 17, 2015 5 Reasons Goldman Sachs Can Win In Personal LoansSource: Forbes
Yesterday, the New York Times reported that Goldman Sachs was planning to enter the online consumer loan market. This is a dramatic departure from their legacy. But I think it is a bold bet that could work. Here are five reasons...
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