Global Economy
U.S. Economy Anemic Growth At Weakest Pace Since 2011
The U.S. economy barely grew in the fourth quarter although a slightly better performance in exports and fewer imports led the government to scratch an earlier estimate that showed an economic ...A.M. Best Comments On Moody’s UK Downgrade
A.M. Best Europe-Rating Services Ltd. said it "does not anticipate any impact on its ratings of insurers operating in the UK as a direct consequence of the sovereign downgrade." Best was referring to ...Bernanke: Jobless Rate Won’t Fall To 6% Until 2016
The U.S. jobless rate is unlikely to reach more normal levels for several years, Federal Reserve Chairman Ben Bernanke said on Wednesday as he again defended the central bank's forceful easing of ...Bernanke To Congress: Fed Stimulus Benefits Clear
Federal Reserve Chairman Ben Bernanke strongly defended the U.S. central bank's monetary stimulus before Congress on Tuesday, easing financial market worries over a possible early retreat from bond ...
Reuters Columnist James Saft: The Coming Dollar Bull Run
For all the dysfunction in Washington we could, it seems, be in the midst of an historic and potentially extended bull run for the U.S. dollar. The dollar is up a bit less than 4.0 percent over a ...Analysis: Weak Yen Trend To Slow; Wary Japan Insurers Take Stock Of “Abenomics”
The yen has quickly dived to near three-year lows, but one Japanese sector with serious currency clout has yet to be heard: big insurers who control a combined $2 trillion in assets. Conventional ...Huge Protest Vote Leaves Italy Facing Deadlock
A huge protest vote by Italians enraged by economic hardship and political corruption left the euro zone's third-largest economy facing a dangerous vacuum on Monday after an election in which no ...
U.S., Japan Agree On Approach To Trans-Pacific Partnership Talks
The United States and Japan on Friday agreed on language aimed at giving Japanese Prime Minister Shinzo Abe political cover to bring the world's third-largest economy into negotiations on a U.S.-led ...