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Treasuries decline befor Yellen

Declines in Treasuries pushed yields toward a seven-year high versus their developed-market peers before Federal Reserve Chair Janet Yellen speaks about employment at a conference of central bankers tomorrow. 1,161 more words


Jobless claims slide more than expected, tumble under 300,000

The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to a sustained improvement in labor market conditions. 818 more words


The Federal Reserve debated when to hike interest rates amid signs the labor market has moved closer to normal, according to the minutes of the Fed’s July policy meeting. 929 more words


Gold Network Tries to Make GoldQuest License Less Bad

56 Summer 1394

At a press conference this morning, Gold Network acknowledged player discomfort with GoldQuest‘s obscure and annoying contract terms.

(I was there.) 287 more words

Gold Network

Beware ‘Rate Rage’ in Taper Tantrum Sequel, UBS’s Hatheway Says

The selloff in global stocks and high-yield bonds this month was just a dry run for what will come after the Federal Reserve winds down its bond purchases, according to… 813 more words


U.S. Stocks Rise on Inflation Data as Home Depot Climbs

U.S. stocks advanced, after the Nasdaq Composite Index climbed to a 14-year high yesterday, as retailers rallied on better-than-projected earnings while data showed inflation pressures remain limited and housing starts jumped. 1,549 more words


U.S. stocks rise after strong housing report

U.S. stocks advanced Tuesday after a better-than-expected jump in July housing starts, while a stronger tone in Europe and upbeat earnings reports added to the lift. 1,097 more words