Daily News Channel
Asia stocks rise as China manufacturing gains pace Asian stock markets climbed Monday, boosted by faster growth in Chinese manufacturing and expectations the U.S. central bank will pump more money into the world’s largest economy to rejuvenate a sluggish recovery. Oil prices rose to near $82 a barrel following the release in Shanghai of a […]
Fed’s $2 trillion may buy little improvement in jobs For $2 trillion, Federal Reserve Chairman Ben S. Bernanke may buy little improvement in growth, employment or inflation over the next two years. Firms with large-scale models of the U.S. economy such as IHS Global Insight, Moody’s Analytics Inc. and Macroeconomic Advisers LLC project only a […]