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    May 20, 2013 |Story| Los Angeles Times
  1. As stocks hit new highs, is the market overheating?

    NEW YORK -- Wall Street will be watching Ben Bernanke's testimony before Congress on Wednesday, hoping the Federal Reserve chairman will offer clues as to when the central bank may begin turning off its spigot of easy money. Investors will also be...

    Tags: Credit Ratings, Prices, Virgin Group, Ltd., Stock Market, Federal Reserve

  2. May 16, 2013 |Story| Los Angeles Times
  3. Eurozone recession continues

    WASHINGTON — Europe's recession stretched into the first three months of the year, making it the single-currency region's longest downturn and raising concerns about its effect on the U.S. recovery.
    WASHINGTON — Europe's recession stretched into the first three months of the year, making it the single-currency region's longest downturn and raising concerns about its effect on the U.S. recovery. The 17-nation Eurozone economy contracted 0.2%...

    Tags: Morgan Stanley Dean Witter & Company, European Central Bank, Labor Markets, European Union, Economy, Business and Finance

  4. May 13, 2013 |Story| Los Angeles Times
  5. 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, Banking, Federal Reserve, Economy, Business and Finance, Central Bank

  6. May 16, 2013 |Story| AP Member Choice Complete
  7. 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: Consumer Confidence, AAA, Inflation and Deflation, Consumers, Productivity

  8. May 15, 2013 |Story| Los Angeles Times
  9. Eurozone economy shrinks in first quarter, marking longest recession

    WASHINGTON -- The Eurozone economy contracted 0.2% in the first three months of the year compared with the previous quarter, marking the region's longest recession since its single currency was created in 1999.
    This post has been corrected. See the note below for details.
    WASHINGTON -- The Eurozone economy contracted 0.2% in the first three months of the year compared with the previous quarter, marking the region's longest recession since its single currency was created in 1999. The 17-nation Eurozone now has been in...

    Tags: Productivity, European Central Bank, Italy, Central Bank

  10. May 15, 2013 |Story| AP Member Choice Complete
  11. Stock indexes shake off early slide, close higher

    Investors nudged the stock market to all-time highs Wednesday despite a handful of disappointing economic reports.  Google's stock topped $900 for the first time after the company announced several upgrades to its Android software for smartphones, and...

    Tags: NASDAQ, Companies and Corporations, Financial Markets, Earnings, Technology

  12. May 14, 2013 |Story| AP Member Choice Complete
  13. Stock market rises back into record territory

    The stock market marched back into record territory as investors seized on the latest encouraging news about the economy. On Tuesday, it was a report on the health of small businesses.
    The stock market marched back into record territory as investors seized on the latest encouraging news about the economy. On Tuesday, it was a report on the health of small businesses. Small business owners were slightly more optimistic in April,...

    Tags: Weather, Japan, Sales, Petroleum Industry, JPMorgan Chase & Co.

  14. May 8, 2013 |Story| Los Angeles Times
  15. Toyota profit booms

    Toyota's quarterly profit more than doubled to 313.9 billion yen ($3.2 billion) as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback.
    Toyota's quarterly profit more than doubled to 313.9 billion yen ($3.2 billion) as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback. Toyota Motor Corp., which last year reclaimed the title of world's...

    Tags: China Earthquake (2010), Japan Earthquake and Tsunami (2011), Hybrid Vehicles, Hyundai, Vehicles

  16. May 3, 2013 |Story| Los Angeles Times
  17. Jobs numbers send stocks to record highs

    NEW YORK —The economy may still be dallying on its way to a recovery, but investors are paying that no mind, sending the stock market to all-time highs after a better-than-expected April jobs report.
    NEW YORK —The economy may still be dallying on its way to a recovery, but investors are paying that no mind, sending the stock market to all-time highs after a better-than-expected April jobs report. The Dow Jones industrial average and the...

    Tags: Credit Ratings, Prudential Financial Incorporated, Stock Market, Bonds, Federal Reserve

  18. May 3, 2013 |Story| AP Member Choice Complete
  19. Stocks surge to new highs after hiring climbs

    Stocks surged to all-time highs Friday when a surprisingly good jobs report finally gave investors a clear sign of U.S. economic strength after weeks of conflicting signals.
    Stocks surged to all-time highs Friday when a surprisingly good jobs report finally gave investors a clear sign of U.S. economic strength after weeks of conflicting signals. The market jumped from the opening, traders donned party hats, and a wave of...

    Tags: Analysts' Comments, NYSE Euronext, Inc., Auto Trends, NASDAQ, Petroleum Industry

  20. May 3, 2013 |Story| Los Angeles Times
  21. Jobs report spurs Dow beyond 15,000 for the first time

    NEW YORK -- It’s only a few days into May, but already investors have seen one surprise after another, as the Dow Jones industrial average passed 15,000 for the first time Friday on the strength of a better-than-expected jobs report.
    NEW YORK -- It’s only a few days into May, but already investors have seen one surprise after another, as the Dow Jones industrial average passed 15,000 for the first time Friday on the strength of a better-than-expected jobs report. The S&P 500,...

    Tags: Credit Ratings, Prices, Stock Market, Economic Indicator, Federal Reserve

  22. May 2, 2013 |Story| Los Angeles Times
  23. European Central Bank cuts key interest rate to fight recession

    WASHINGTON -- The European Central Bank on Thursday lowered its key interest rate to a record low level in an effort to spur economic growth in the recession-plagued Eurozone.
    WASHINGTON -- The European Central Bank on Thursday lowered its key interest rate to a record low level in an effort to spur economic growth in the recession-plagued Eurozone. The central bank's policymakers lowered its main refinancing rate by 0.25...

    Tags: Employment Opportunities, Mario Draghi, Career and Workplace, European Central Bank, Federal Reserve

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