I am currently editor of Reuters U.S. Markets; former writer of WSJ's MarketBeat Blog, author of Never Buy Another Stock Again.

World stocks stay near all-time high after Fed signals

bdlive.co.za — NEW YORK - An index of world equities stayed within reach of an all-time high on Wednesday as investors welcomed comments from US Federal Reserve chair Janet Yellen suggesting the US central bank is in no rush to raise interest rates.

Dollar, bond yields bounce, then fade after Yellen testimony

bdlive.co.za — LONDON/NEW YORK - The dollar edged lower and bond yields fell after US Federal Reserve Chair Janet Yellen said on Tuesday it would be several months before the Fed expects to raise interest rates, while European equity markets gained after Greece produced a list of proposed economic reforms. In a subtle change of emphasis in how the Fed has been speaking about its plans for rate increases, Yellen said its policy-setting committee is considering interest rate hikes "on a meeting by meeting basis".

Lower, No Longer

blogs.reuters.com — This week brings a lot for investors to chew on, including several retailer earnings that should illuminate the path of consumer spending - and from companies that of late have been doing well, including Home Depot and Lowe's, as well as Target, Gap Stores, Kohl's and Dollar Tree.

Internationally speaking

blogs.reuters.com — The release of the Federal Reserve's minutes from its January meeting headlines the day's economic events, and one where we might see some clarity from the cryptic "international developments" line that was inserted in the most recent Fed statement.

New York commuter train crashes into car stuck on rail crossing, six dead

smh.com.au — A police officer looks at an SUV that was crushed and burned at the front of a Metro-North Railroad train in Valhalla, New York. The vehicle stalled on a crossing and exploded on impact, according to reports.

Death toll in New York rail crash revised to six from seven

theglobeandmail.com — Six people were killed and more than a dozen injured when a crowded New York commuter train struck a car stalled on the tracks near suburban White Plains during rush hour on Tuesday evening, in what officials said was the railroad's deadliest accident.

Seven killed as New York train hits car

iol.co.za — Mount Pleasant, New York - Seven people were killed and a dozen injured when a crowded New York commuter train struck a car stalled on the tracks near suburban White Plains during rush hour on Tuesday evening, in what officials said was the railroad's deadliest accident.

Seven Dead As Commuter Train Hits Car Near New York City

The Hamburglar

blogs.reuters.com — There's an irony with Shake Shack readying its trading debut just a couple of days after McDonald's replaces its CEO due to a series of missteps and failures and prepares for likely its biggest turnaround in decades, one that's could mark the stock as an underperformer for some time to come.

Better Fed than Dead

blogs.reuters.com — The action out of the Federal Reserve pretty much reinforced the status quo, which is to say, the Fed is going to be pretty much the immovable object when it comes to the irresistible force that is the markets right now.
More Articles →
Feb 27, 2015

Greece runs out of funding options despite euro zone reprieve reut.rs/1FEj9KS via @reuters

Feb 27, 2015

Buffett, a cheerleader for America, takes his checkbook abroad reut.rs/1JTB1Id via @reuters

Feb 26, 2015

RT @ReutersInsider: Stock index futures flat, bonds flat after strong durable goods, weaker (higher) jobless claims, and CPI in check.

Feb 26, 2015

RT @RichardLeong2: Some wage inflation? U.S. real weekly earnings jumped 1.2% in Jan for biggest monthly increase since 2.0% in Nov. 2008. @davidgaffen

Feb 25, 2015

RT @psullivan1: Dori Maynard, like her parents, made a difference by making journalism more diverse. RIP mije.org/dori-j-maynard…

Feb 24, 2015

RT @RichardLeong2: Top @blackrock bond manager Rick Rieder sees 40% chance of #Fed hiking rates in June & 30% chance in Sept after #Yellen.…

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