The Daily Caller

The Daily Caller

World stocks fall on global recovery worries - AP

| admin

Crude prices jumped above $106 a barrel as political unrest continued to shake the world’s key oil producing region

With Obama, Hu concedes China’s rights need help - AP

| admin

President Barack Obama and Chinese President Hu Jintao shared an unusual and intimate dinner in the Old Family Dining Room in the White House Tuesday

Hiring increase boosts the dollar - AP

| admin

Jump in hiring sends bonds lower and stocks higher

Stocks spike to highest in 3 months - AP

| admin

Stocks rise sharply on signs of economic growth

Russia, China renounce the U.S. dollar - China Daily

| Pat McMahon

Experts say the move reflected closer relations between the two countries and is meant to protect their domestic economies

Why Fed bond-buying plan is raising trade tensions - AP

| admin

The Federal Reserve’s plan to buy more Treasury bonds has incited critics at home to complain of inevitable high inflation and financial turmoil

China says Fed bond move may hurt other countries - AP

| admin

China’s central bank chief said Friday that the Federal Reserve’s move to inject money into the U.S. economy is understandable because of its slow recovery but still might hurt the rest of the world

Dollar at new 9-month low against the euro - AP

| admin

Traders bet against the U.S. currency following the Federal Reserve’s decision to pump $600 billion into the financial system

Oil prices move higher on weaker dollar - AP

| admin

The national average for a gallon of unleaded regular is $2.803, 1 cent lower than a week ago but nearly 11 cents higher than a year ago

Markets flat as focus shifts to elections, Fed - YAHOO! News

| interns

Traders said the energy sector could flourish after Republican election gains as there will be less chance of increased regulation

China raises interest rates - WSJ

| interns

The move is the first adjustment to interest rates since December 2008, when the central bank cut them by 0.27 percentage point as part of a stimulus package

Stock sell-off gains steam - CNN

| interns

The sell-off came after the People’s Bank of China raised its benchmark deposit and lending rates for the first time in 3 years

Google plans alternative inflation index using Web data - FT

| interns

The official Consumer Price Index data are collected by hand from shops, and only published monthly with a time lag of several weeks

House slaps China on currency rules - WaPo

| interns

New penalties punish China and other nations accused of currency manipulation

Congress wants tough stance with China over trade - AP

| admin

Geithner criticized a variety of Chinese economic policies from Beijing’s currency system to what he said was rampant piracy of U.S. products and the erection of numerous barriers that prevent U.S. companies from operating in China

20 worst housing markets - Daily Beast

| interns

Nationally, almost 25 percent of homeowners owe more than their houses are worth

Dollar tumbles to 15-year low versus yen - AP

| admin

The dollar fell below 84 yen for the first time since 1995 and it lost ground against the Swiss franc

Euro higher after inspectors report Greek progress - AP

| admin

The euro dropped to $1.3172 in late New York trading from $1.3231 late Tuesday, while the British pound fell to $1.5898 from $1.5946

Dollar turns higher vs euro as stress tests loom - AP

| admin

The euro had topped $1.30 for the first time in more than two months last Friday as stressed European countries successfully sold bonds to investors

Dollar slips versus riskier currencies - AP

| admin

Investors tend to use the dollar as a safe haven, meaning it often falls along Treasury securities when stocks, commodities and emerging-market currencies rise