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US STOCKS-Futures fall on worry over stimulus program, China data
Reuters* HP jumps after outlook * China manufacturing data shows contraction * Futures off: Dow 103 pts, S&P 13.4 pts, Nasdaq 24.75 pts By Chuck Mikolajczak NEW YORK, May 23 (Reuters) - U.S. stock index futures fell on Thursday, putting the S&P 500 on...Tags: Ben Bernanke, S&P 500, Credit Ratings, Stock Market, Computing and Information Technology Industry
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European shares fall on weak data, possible pullback in US stimulus
Reuters* FTSEurofirst 300 down 2.1 percent at 1,229.58 * Bernanke spooks markets saying stimulus may end * Weak China, euro zone data adds to investor anxiety * Banks, miners top the fallers * Dividend concerns hit Halford By David Brett LONDON, May 23...Tags: Ben Bernanke, BNP Paribas, United Utilities Plc, HSBC Holdings plc, Market and Exchange
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WRAPUP 1-ECB seeks new tools while Fed toys with exit
Reuters* Praet says ECB could expand its instruments * Noyer: ECB mulls measures to ease financial fragmentation * Nowotny says ECB support still needed * Bernanke says Fed could start tapering off bond buys By Leigh Thomas and Jason Lange PARIS/WASHINGTON,...Tags: Ben Bernanke, Central Bank, Prices, U.S. Congress, Finance
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ECB seeks new tools while Fed toys with exit
ReutersPARIS/WASHINGTON (Reuters) - The European Central Bank is looking into expanding its range of policy tools, while the U.S. central bank is mulling scaling back its support measures, highlighting the contrasting fortunes between the world's two biggest...Tags: Ben Bernanke, Finance, Market and Exchange, Austria, Foreign Exchange Market
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Japan government: Nikkei plunge temporary, won't derail Abenomics
ReutersTOKYO (Reuters) - The biggest plunge in Japanese stock prices since a 2011 earthquake and tsunami was a temporary pullback that will not derail the government's "Abenomics" policy of loose money and fiscal stimulus, officials said on Thursday. "It's a...Tags: Ben Bernanke, Home and Garden Products, Stock Market, Politics, Shinzo Abe
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Foreclosure settlement checks seen as inadequate
The Orange County RegisterTyler Reid struggled to hold onto his Ladera Ranch, Calif., condominium during the recession. He was self-employed. When his clients dried up, so did his software business. Reid sold his car, ate one meal a day, and paid his taxes with credit cards. He...Tags: Mortgages, Politics, Condos, Computing and Information Technology Industry, Morgan Stanley Dean Witter & Company
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Frantic housing market recalls boom times in battered Florida
The Miami HeraldThe open house on a leafy street near South Miami featured a snack wagon with cupcakes and chilled beverages, but the real draw was the newly listed house for sale for $435,000. Over a two-hour stretch on a Sunday afternoon, 44 groups of couples and...Tags: Mortgages, Marketing, Collective Contract, Miramar, Finance
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Need small scale tapering of bond buys when it starts - Fed's Bullard
ReutersLONDON, May 23 (Reuters) - Federal Reserve policymaker James Bullard said on Thursday that the bank should wind back its support slowly when it starts the process. Speaking to reporters after a speech in London, Bullard said the Fed was likely to start...Tags: Money and Monetary Policy
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US factory activity slips to 7-month low in May-Markit
ReutersNEW YORK, May 23 (Reuters) - U.S. manufacturing slowed for a second straight month in May as weak overseas demand and government belt-tightening at home led to the sector's most sluggish rate of growth since October, a survey showed on Thursday....Tags: Ben Bernanke, Dwayne Johnson, U.S. Congress
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Factory activity slips to seven-month low in May: Markit
ReutersNEW YORK (Reuters) - Manufacturing slowed for a second straight month in May as weak overseas demand and government belt-tightening at home led to the sector's most sluggish rate of growth since October, a survey showed on Thursday. Financial data firm...Tags: Ben Bernanke, Dwayne Johnson, U.S. Congress
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CANADA FX DEBT-C$ wins back minor gains as FX gyrates
Reuters* C$ at C$1.0334 vs US$, or 96.77 U.S. cents * Sharp swings in yen create havoc elsewhere * Weak China data, Bernanke's easing comments add to worry By Alastair Sharp TORONTO, May 23 (Reuters) - The Canadian dollar won back some slight gains against...Tags: Canada, Government Debt, China, Foreign Exchange Market, Montreal (Canada)
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CANADA STOCKS-TSX opens lower on fears of stimulus rollback
ReutersTORONTO, May 23 (Reuters) - Canada's main stock index slumped on Thursday due to concerns about a quicker-than-expected end to the U.S. Federal Reserve's stimulus program, as well as weak economic data from China and Europe. The Toronto Stock Exchange's...Tags: Stock Market, Toronto Stock Exchange, Canada, Toronto (Canada)
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