Topic: Keith Hembre

Manufacturing sector slows in July-ISM

August 1, 2011 - The pace of growth in the U.S. manufacturing sector slowed more than expected in July, according to an industry report released...

U.S. Economy Grew At 2% Rate In Q3, Consumers Step Up

The world's largest economy expanded at a lackluster 2% annual rate in the July-September period, the government said Friday, reinforcing expectations that the Federal Reserve will take further steps this week to spur growth.. Consumer spending rose at the fastest pace ...

U.S. stock market looks for next catalyst

The U.S. stock market could be looking at a week of relative calm from a fairly lofty perch reached on solid third-quarter earnings, more stimulus from the Federal Reserve and midterm elections that put the U.S. House of Representatives in ...
Stocks in Asia closed higher, European shares are rising and U.S. futures are pointing to a higher open.. Today, the Labor Department's February producer price index provided support for that view. The overall index declined 0.6% in February, dragged ...

Parsing the Fed's Statement

When it comes to monetary policy, no news is good news - at least that's what the markets seemed to say Tuesday.. Because low rates are an incentive to borrow, the Fed is likely to keep rates low until lending picks up ...

What's Holding Back the Recovery?

The new year began on a gloomy note for many economists - particularly those who belong to the American Economic Association. But recovery from this recession is unlikely to follow the sharp V-shape pattern many economists were expecting, Johnson says.. "I hate to ...

Which Way For New Home Sales Data?

Stocks in Asia closed higher today; U.S. futures are pointing to a higher open.. Even small growth would represent a sharp reversal after September, when new home sales declined 3.6%, upsetting expectations for 5.5% growth. That's exactly what ...

British Airways and Iberia

Stocks in Asia closed mixed today; U.S. futures are pointing to a higher open.. After 15 months of negotiations, British Airways and Iberia announced a preliminary agreement on Thursday for a $7 billion merger that would create the world's third-largest ...
Stocks in Asia closed mixed today; U.S. futures are pointing to a higher open.. Last week, the International Monetary Fund issued a mixed report card on the industry. The IMF lowered estimates for total bank losses to $3.4 trillion, from ...

Dow 10,000: How Long Will It Take?

Now that the Dow Jones Industrial Average has broken the psychologically important 9000 level for the first time since January, is Dow 10,000 within sight?. While the second-quarter earnings season has offered enough upside surprises to make it look like the ...