Market News


U.S. fed funds rate remains at 0.14 percent

Thu Aug 6, 2015 8:40am EDT
Wall Street stock prices fell and U.S. bond prices rose on Friday after the monthly U.S. employment data came close enough to forecast to stoke bets the Federal Reserve will raise interest rates for the first time in nearly a decade perhaps as early as September. More

Longer-dated yields rise on Fed rate hike skepticism

Wed Aug 5, 2015 3:54pm EDT
U.S. Treasury yields rose on Wednesday, with those on longer-dated debt rising more than short-dated yields after weaker-than-expected U.S. jobs data kindled skepticism that the Federal Reserve would hike interest rates in September. More

Greece and lenders strike upbeat tone, deal seen on bailout

Tue Aug 4, 2015 1:49pm EDT
U.S. Both Greece and its lenders said on Tuesday they were optimistic they could broker a deal within days on a multi-billion euro bailout, striking a surprisingly upbeat tone on a process previously fraught with bitterness. More

Greek FinMin says talks with lenders to be wrapped up this week

Tue Aug 4, 2015 10:52am EDT
Greek Finance Minister Euclid Tsakalotos said on Tuesday that discussions with lenders on a multi-billion bailout would be wrapped up within days.

Puerto Rico investors could try to force payment on bonds -filing

Tue Aug 4, 2015 8:54pm EDT
Holders of at least 20 percent of Puerto Rico’s Public Finance Corp bonds, on which the U.S. commonwealth defaulted on Monday, would need to consent to suing Puerto Rico in order for the bondholders’ trustee to file a lawsuit on their behalf, a filing suggests. More