Jun 6, 2013 Uncertainty over the Federal Reserve's next move is throwing investors for a loop and unsettling markets. Diane Swonk, chief economist at Mesirow Financial, explains what the 'Fed Dread' is all about.
Jun 5, 2013 A nondescript office building in Basel, Switzerland, houses one of the most powerful commercial banks in the world. But only central bankers are allowed to pass.
Jun 5, 2013 Payroll processing company ADP reports 135,000 private sector jobs were added last month, falling below analyst expectations. Will the weak numbers cause the Federal Reserve to stick to stimulus?
Jun 5, 2013 Stocks are risky, but bonds are safe -- or so goes the stereotype. But what about bond mutual funds?
Jun 4, 2013 Stock markets were up this morning, though data from a variety of sources indicate a only tepid economy. Juli Niemann, analyst with Smith Moore & Company, says it's precisely this bad news that is making the market rally.
May 31, 2013 Recently, the housing market has been making headlines for making a historic recovery. New home sales, existing home sales and pending sales are all up. But so are mortgage interest rates as of this week. That's not so good, but should it make shoppers reconsider buying a home?
May 31, 2013 QE2. Quantitative easing or an asteroid?
May 29, 2013 The value of the benchmark 10-year Treasury note is down, amid signs the U.S. economy is gathering strength. The yield is up to 2.14 percent, and 30-year mortgage rates are inching close to 4 percent, the highest in a year.
May 29, 2013 For a moment there, things were looking really peachy in housing.