U.S. Treasury debt prices rose on Friday after April employment data reinforced concerns the U.S. economic expansion was slowing, stoking demand for low-risk government debt.
U.S. Treasury debt prices rose on Friday after April employment data reinforced concerns the U.S. economic expansion was slowing, stoking demand for low-risk government debt.
U.S. government debt prices were little changed on Friday as traders braced for the latest U.S. payrolls report, which could show sluggish job growth in April and reinforce concerns of a slowing U.S. economic expansion.
The chief executive of bailed-out Royal Bank of Scotland says the bank has achieved some milestones in its recovery even though it made another loss during first quarter.
The United States supports China’s bid to have the yuan included in the International Monetary Fund’s basket of currencies, Chinese Vice Premier Wang Qishan said on Friday after high-level talks between Beijing and Washington.
When Romania’s government cut salaries by a quarter in 1931, it collapsed and the country ran through 22 different cabinets in a decade and slid into dictatorship and war.
EU finance ministers inched closer to an agreement to beef up capital rules for banks against future crises after a heated debate between British-led nations and a Franco-German bloc.
Spain’s borrowing costs are set to rise by more than a percentage point at an auction of three- and five-year bonds on Thursday, with markets watching for signs that its troubled banks are losing their appetite for the country’s debt.
NEW YORK - The euro fell for a third straight session against the dollar on Wednesday after soft data rekindled fears about a deep and broader slowdown in the euro zone, which seemed vulnerable ahead of key elections in France and Greece.
NEW YORK - U.S. government debt prices rose on Wednesday as data signaling further weakness in European manufacturing and weakening U.S. job growth fueled expectations of a global slowdown and stoked safehaven demand for low-risk investments.
WASHINGTON — The U.S. Treasury Department is postponing a decision on whether to issue securities with floating rates or negative yields, saying it wants more time to study the changes that could help finance the rising national debt.