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Japanese manufacturers' mood turns positive - Reuters poll
Reuters* Manufacturers sentiment index +7, non-manufacturers +19 * Business mood seen rising further due to 'Abenomics' effect * Reuters poll highly correlates with BOJ tankan By Tetsushi Kajimoto and Izumi Nakagawa TOKYO, May 20 (Reuters) - Japanese...Tags: Polls, Politics, Consumer Confidence, Elections
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For Detroit in crisis, next six weeks determine bankruptcy fate
ReutersDETROIT (Reuters) - Bond restructurings, negotiated settlements with bondholders and bond insurers, and tough talk with unionized workers are on the agenda as Detroit's emergency financial manager tries to meet a self-imposed, six-week deadline to...Tags: Interior Policy, Insurance, Economy, Business and Finance, AFSCME, Rick Snyder
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World watch
Brazil: Whether it's a cultural experience or slum tourism, many tourists now add a trip to Rio de Janeiro's infamous favelas, or shantytowns, to their itineraries. Before 2010, the low-income hilltop neighborhoods were dangerous places controlled by drug...
Tags: Crime, Law and Justice, FIFA World Cup, U.S. Department of State, Rio de Janeiro (Brazil), Rome (Italy)
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Japan govt upgrades economic assessment for first time in 2 months
ReutersTOKYO, May 20 (Reuters) - Japan's government upgraded its assessment of the economy in May for the first time in two months, in a sign growth is accelerating as exports and factory output pick up. The economy is gradually recovering, according to the...Tags: Prices, Government Debt, Economic Indicator, Inflation and Deflation, Japan
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METALS-Copper slips on worries Fed will turn off bond-buying tap
ReutersSINGAPORE, May 20 (Reuters) - London copper slipped on Monday after a jump in U.S. consumer confidence raised prospects the country could begin trimming its bond-buying program, eroding metals' allure for investors, against a backdrop of slowing growth in...Tags: Economy, Business and Finance, European Central Bank, Federal Reserve Bank of Chicago, Metal, Consumers
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PREVIEW-BOJ may seek ways to calm bond market, policy on hold
Reuters(Recasts with new lead, adds Reuters surveys) * Board meets May 21-22; decision seen May 22 0330-0500GMT * No policy action expected after massive April stimulus * BOJ may fine-tune market operations to stem bond rout * Strong GDP may prompt BOJ to revise...Tags: Economy, Business and Finance, Central Bank, Shinzo Abe, JPMorgan Chase & Co., Financial Markets
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BOJ may seek ways to calm bond market, policy on hold
ReutersTOKYO (Reuters) - The Bank of Japan is expected to stand pat on monetary policy this week despite jitters over the recent volatility in bond markets, hoping it can prevent a renewed spike in yields by fine-tuning market operations. The central bank may...Tags: Economy, Business and Finance, Central Bank, Weather, Financial Markets, Tokyo (Japan)
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Analysis: Shrinking deficit reduces pressure for budget deal
ReutersWASHINGTON (Reuters) - The chances of a deal between Democratic and Republican lawmakers that would overhaul the tax system, trim government spending and reform safety net spending programs appear to be fading. A sudden improvement in the outlook for the...Tags: U.S. House Committee on the Budget, Albert Tom, Social Security, Government, Government Debt
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GLOBAL MARKETS-Yen edges up on Amari comments, Asian shares rise
Reuters* Dollar slips from Friday's 4-1/2 year high vs yen * Asian shares firmer after Friday's Wall Street rally * MSCI Asia Pacific ex-Japan rises 0.9 percent By Masayuki Kitano SINGAPORE, May 20 (Reuters) - The yen edged higher on Monday after Japan's...Tags: Germany, Stock Market, Nikkei, France, Japan
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Japan upgrades economic outlook as Abe's policies take hold
ReutersTOKYO (Reuters) - The Japanese government upgraded its assessment of the economy on Monday, as emerging signs of an upturn in exports and factory output added to growing evidence that Prime Minister Shinzo Abe's aggressive polices are beginning to...Tags: Economy, Business and Finance, Economy, Prices, Government Debt, Financial Markets
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Inside Penny Pritzker's portfolio: How a billionaire invests
How do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Pritzker inherited much of her wealth,...Tags: Penny Pritzker, Blue Chip Stocks, Investments, Real Estate, PlayStation Portable
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FED FOCUS-US job market gains could lead Fed to taper QE3 early
Reuters* Progress in labor market since bond-buying was launched * Fed officials emphasizing flexibility of easing program * Much depends on data over the next few months By Ann Saphir and Jonathan Spicer May 19 (Reuters) - The beginning of the end of the...Tags: CNBC (tv network), Central Bank, Charles Evans, Federal Reserve Bank of Chicago, Labor Legislation
May 19, 2013
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May 19, 2013
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May 19, 2013
|Column| Chicago Tribune
May 19, 2013
|Story| Reuters
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