BOE Says European Debt Concerns Persist as Yields Stay Elevated - Bloomberg
March 27th, 2012
Hot finance and business news.
A measure of future economic growth edged up last week to hold a seven-month high, while the annualized growth rate also improved, a research group said on Friday.
The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index rose to 125.7 in the week ended March 16 from a […]
Filed under: homeowners, money by Finance Boss
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Federal Reserve Chairman Ben Bernanke took a break from his day job Tuesday to revisit the academic life he led before coming to Washington a decade ago.
Shortly after noon, he stood before a class of George Washington University undergraduates and gave the first of four one-hour lectures on the Fed. Students gave him a round […]
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Asian stock markets inched higher Monday as good news about the U.S. economy helped to maintain enthusiasm for riskier assets while a weaker yen improved the outlook for some of Japan’s companies.
The Nikkei 225 index in Tokyo continued its recent upward march, adding 0.2 percent to 10,146.64. The Nikkei has risen four sessions in a […]
Filed under: management, technology by Finance Boss
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The average rate in the U.S. on the 30-year fixed mortgage hovered near historic lows this week, making home-buying and refinancing more attractive to those who can qualify.
Mortgage buyer Freddie Mac said Thursday that the U.S. rate on the 30-year loan increased to 3.92 percent. That’s up from 3.88 percent the previous week. The rate […]
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Patrick Gideon, the chairman of Reliance Bancshares, has resigned from his positions as chairman and board member as a result of a dispute with the bank holding company’s board of directors.
Gideon joined Reliance’s board in 1999 and was named chairman less than a year ago, replacing longtime chairman and founder Jerry Von Rohr in April 2011. Gideon is […]
When AT&T started slowing down the data service for his iPhone, Matt Spaccarelli, an unemployed truck driver and student, took the country’s largest telecommunications company to small claims court. And won.
His award: $850.
Pro-tem Judge Russell Nadel found in favor of Spaccarelli in Ventura Superior Court in Simi Valley on Friday, saying it wasn’t fair for […]
Filed under: Small Business, business by Finance Boss
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Iraq’s oil ministry says oil exports have declined slightly in January compared to the previous month.
Monday’s statement says last month oil exports averaged 2.107 million barrels per day, down from 2.145 million barrels per day in December.
The sales grossed $7.123 billion based on an average price of $109.081 per barrel. December’s revenues stood at $7.061 […]
Underwater operations have resumed aimed at readying the shipwrecked Costa Concordia for the removal of tons of oil from its tanks.
After days of stormy weather, seas off the Tuscan island of Giglio were calm enough Sunday to resume work.
But the Italian government office overseeing salvage and rescue operations said winds were increasing and that the […]