Treasury Five-Year Yield Falls to Record Low on Federal Reserve Strategy - Bloomberg

Treasury five-year note yields fell to the lowest level ever after Federal Reserve officials unexpectedly said their benchmark interest rate will stay low until at […]

Jobless Claims in U.S. Rise, Displaying Seasonal Volatility - Bloomberg

Claims for U.S. jobless benefits rose last week, displaying the usual volatility around holidays that has masked an improvement in the labor market.
Applications (INJCJC) […]

Greek debt hopes shore up markets despite delay

Hopes that Greece will eventually reach a deal with private creditors on lowering its debt supported markets on Monday, as investors looked past delays in […]

Missouri PSC head asks: Are utilities in cahoots?

Are Missouri’s two largest utilities coordinating rate case filings to overwhelm consumer advocates?
The state’s top utility regulator wants to know.
In an unusual move, PSC Chairman […]

Is a 2.99% mortgage too good to be true?

Bank of Montreal made headlines with the 2.99 per cent five-year mortgage it unveiled last week. Most of the other big banks have followed suit, […]

France to pursue reforms after downgrade

France’s prime minister said Saturday his country will push ahead with cost-cutting measures after its top-tier debt rating was downgraded, a blow with repercussions across […]

Germany on Brink of Recession as Euro Debt Crisis Damps Exports: Economy - Bloomberg

Germany may be on the brink of recession after the sovereign debt crisis caused the economy to contract in the final quarter of 2011.
Europe

French Business Confidence Climbs From Low - Bloomberg

French business confidence climbed from a two-year low last month and industrial output increased in November, indicating the euro-region

Retailers pay for holiday deals as profit forecasts slip

Retailers are starting to pay the price for a discounting binge that was deeper and longer than ever — especially stores that cater to middle-income […]

Pay Jumps 25% for Brazilian Investment Bankers - Bloomberg

Brazilian investment bankers defecting to competitors won pay increases of as much as 25 percent in 2011 amid a shortage of experienced executives in Latin […]