Chinese manufacturing growth slowed in February to a six-month low, according to an official survey, as the government’s sustained campaign to tame inflation weighed on industrial activity.
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Greg Bundy, vice chairman at AIMS Finance, is bullish on Australia’s Westpac, Fortescue Metals and Iron Ore Holdings. He explains why.
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The Obama administration is giving states more flexibility in implementing the health care reform law, but that won’t help governors plug one of their biggest immediate budget problems: Runaway Medicaid costs.
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From pornography to emu feathers, here are 10 of the wackiest things taxpayers have tried to deduct. Uncle Sam – and the U.S. Tax Court – was not amused.
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AP – Japan’s jobless rate held steady in January but consumer spending fell from a year ago, the government said Tuesday, underscoring the fragility of its economic recovery even as a political battle rages over the next national budget.
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AP – Treasury Secretary Timothy Geithner says the Obama administration wants Congress to approve legislation overhauling Fannie Mae and Freddie Mac, the nation’s troubled housing finance giants, within two years.
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Tough talk from interest-rate hawks has sent the krona sharply higher. How much further can it go?
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A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:
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AP – Interest rates on short-term Treasury bills rose in Monday’s auction to the highest levels in three weeks.
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AP – Health Care REIT Inc. is buying the assets of rehabilitation facility and nursing home operator Genesis HealthCare for $2.4 billion in the second major health care real estate deal announced Monday.
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