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Consumer prices fall 0.4% on cheaper gas
A sharp fall in the cost of gas drove a measure of U.S. consumer prices down last month by the most since December 2008. Outside the drop in fuel costs, prices were largely unchanged. The consumer price index fell 0.4 percent in April from March, the...Tags: AAA, Market and Exchange, Productivity, Finance, Money and Monetary Policy
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Letters: Sen. Warren speaks up
Re "Warren upends bankers, tradition," May 11 As the newest member of the Senate Banking Committee, Sen. Elizabeth Warren (D-Mass.) is a breath of fresh air. Finally, there's a voice in Washington for the people and a staunch advocate for consumers....Tags: U.S. Senate Committee on Banking, Housing, and Urban Affairs, Elizabeth Warren, Ben Bernanke
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Stock prices flat as manufacturing softens
A report of slowing manufacturing is getting the stock market off to weak start Wednesday. News that Europe's economic slump dragged France into a recession also weighed on markets. A half-hour after the opening bell, the Dow Jones industrial...
Tags: Stock Market, Earnings Forecasts, Macy's, Deere and Company, Financial Markets
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Lower energy and food costs fuel big drop in wholesale prices
WASHINGTON -- Big drops in the cost of food and energy pushed wholesale prices down 0.7% in April, the largest monthly decline in more than three years, the Labor Department said Wednesday. The slide in the producer price index, the largest since...
Tags: Prices, Energy
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Fed: Some borrowers shortchanged in foreclosure settlement
Nearly 100,000 troubled borrowers were shortchanged on payments from Goldman Sachs Group Inc. and Morgan Stanley & Co., the Federal Reserve said — money intended to compensate for possible errors and abusesduring foreclosure proceedings in 2009...
Tags: Mortgages, JPMorgan Chase & Co., Goldman Sachs Group, Inc., Morgan Stanley Dean Witter & Company, Financial and Business Services
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Bloomberg in damage-control mode over client snooping
Officials at Bloomberg, the New York financial news and information service, scrambled to deal with an unfolding customer privacy scandal after admitting its journalists had snooped on business clients for years through its network of terminals ubiquitous...
Tags: European Central Bank, Bloomberg L.P., Central Bank, U.S. Securities and Exchange Commission, Finance
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Europe could drop interest rate below zero on excess bank deposits
WASHINGTON -- The European Central Bank could reduce the interest rate it pays on excess bank deposits to below zero to boost growth in the recession-plagued region, a top official said. The comments over the weekend by Italian Central Bank chief...
Tags: European Central Bank, Central Bank, Finance, Money and Monetary Policy, Banking
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For the record
Book title: The May 7 Jonah Goldberg column had a typo in the subtitle of William Greider's book "Secrets of the Temple." It is "How the Federal Reserve Runs the Country," not "County." -
Bloomberg CEO admits 'mistake' in snooping scandal
Bloomberg Chief Executive Daniel L. Doctoroff admitted that giving its journalists access to some subscriber information for its data terminals was "a mistake." The company went into damage control mode last week shortly after it disclosed that...
Tags: Bloomberg L.P., News Media, Goldman Sachs Group, Inc.
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Sen. Rand Paul laying groundwork for possible presidential run
CEDAR RAPIDS, Iowa — If he runs for president, says Sen. Rand Paul (R-Ky.), he wants to be considered on his own merits. But when he brought his fledgling campaign to Iowa this weekend, there was no escaping the double-edged legacy of the man he's...
Tags: Politics, Hillary Clinton, U.S. Department of State, Parties and Movements, Mitt Romney
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Families reduced their debt load in first quarter to 2006 level
WASHINGTON -- American families reduced their debt load in the first three months of the year by 1%, bringing it down to pre-recession levels after an uptick in the last quarter of 2012, the Federal Reserve said Tuesday. Outstanding household debt,...
Tags: Social Issues, Credit and Debt, Loans, Financial and Business Services, Bank of America Corp.
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Freshman senator with senior pluck takes on the financial industry
WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes,...
Tags: Politics, Fannie Mae, Bob Corker, Parties and Movements, Ben Bernanke
May 16, 2013
|Story| AP Member Choice Complete
May 15, 2013
|Story| Los Angeles Times
May 15, 2013
|Story| AP Member Choice Complete
May 15, 2013
|Story| Los Angeles Times
May 9, 2013
|Story| Los Angeles Times
May 14, 2013
|Story| Los Angeles Times
May 13, 2013
|Story| Los Angeles Times
May 10, 2013
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May 13, 2013
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May 11, 2013
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May 14, 2013
|Story| Los Angeles Times
May 10, 2013
|Story| Los Angeles Times
