Dollar Flat Againt Yen, Euro Ahead of Book Closing

TODAY: March 28, 2015 PUB DATE: March 27, 2015

By Hiroyuki Kachi The dollar was essentially flat against the yen and the euro, as investors remained cautious and avoided taking strong, lopsided positions ahead of the March 31 end of the Japanese fiscal year. Around 0450 GMT, the dollar ...

Retail trade increased in February

TODAY: March 28, 2015 PUB DATE: March 27, 2015

Statistical news from Statistics Sweden and HUI Research 2015-03-27 9:30 AM Nr 2015:567 Turnover in Retail Trade, February 2015: Retail trade increased in February The retail trade sales volume increased by 4.8 percent in February compared to the same month ...

Euro's Slide Buoys Stocks --Update

TODAY: March 28, 2015 PUB DATE: March 27, 2015

By Josie Cox European stocks rose Friday, reversing a two-session sell off, supported by a fresh slide in the euro that particularly buoyed shares in the region's major exporters. Global stocks had suffered sharp declines over the previous two days, ...

Republican-Controlled Senate Clears Budget Plan

TODAY: March 28, 2015 PUB DATE: March 27, 2015

WASHINGTON--Republicans muscled a balanced-budget plan through the Senate early Friday, positioning Congress to address the party's goals of reduced spending and dismantling President Barack Obama's health-care law. Working into Friday's predawn hours, senators approved the blueprint by a near party-line ...

Polish Rate-Setter Hopes for Hike Discussions -Report

TODAY: March 28, 2015 PUB DATE: March 27, 2015

WARSAW--Polish rate-setter Andrzej Rzonca said Friday he hopes rate-hike discussions take place before economic imbalances appear in Poland. In an interview with state news agency PAP, Mr. Rzonca said the economy is nearly perfectly balanced at the moment with robust ...

China Aims to Expand Debt-for-Bond Program to Ease Pressures

TODAY: March 28, 2015 PUB DATE: March 27, 2015

By Lingling Wei BOAO, China--Beijing will likely this year expand a program to alleviate the debt-repayment burdens of China's local governments, its Finance Minister indicated Friday, underscoring one of the biggest risks facing the world's second-largest economy. Finance Minister Lou ...

U.S. 4Q GDP Expanded at 2.2% Pace

TODAY: March 28, 2015 PUB DATE: March 27, 2015

WASHINGTON--The U.S. economy slowed in the final months of 2014 and corporate profits fell, putting it on weaker footing ahead of an apparent slowdown early this year. Gross domestic product, the broadest measure of goods and services produced across the ...

Spain Meets Deficit Target for First Time Since 2008

TODAY: March 28, 2015 PUB DATE: March 27, 2015

MADRID--Spain's budget deficit narrowed significantly last year, the government said Friday, meeting the target agreed with the European Commission for the first time since the start of a property bust in 2008. Deputy Prime Minister Soraya Sáenz de Santamaría said ...

March University of Michigan Consumer Sentiment Index at 93.0

TODAY: March 28, 2015 PUB DATE: March 27, 2015

By Jeffrey Sparshott U.S. consumer optimism fell in March as slightly higher gasoline prices and bad weather weighed on lower income households. The University of Michigan final March sentiment index registered at 93.0, up from the preliminary reading of 91.2 ...

Investors Rethink Stocks Given to Family Trusts

TODAY: March 28, 2015 PUB DATE: March 27, 2015

By Liz Moyer A strong stock market is prompting investors to rethink assets they previously gave away to family members in trusts. Some individuals who set up grantor retained annuity trusts, or GRATs, in previous years now are swapping out ...

MARKET SNAPSHOT: U.S. Stocks On Track For Big Weekly Loss

TODAY: March 28, 2015 PUB DATE: March 27, 2015

By Anora Mahmudova and Sara Sjolin, MarketWatch GDP data unchanged in fourth quarter NEW YORK (MarketWatch)--U.S. stocks moved between small gains and losses Friday, with the main indexes looking set to finish the week with a hefty decline. Ahead of ...

University of Michigan Consumer Sentiment Index Slips in March

TODAY: March 28, 2015 PUB DATE: March 27, 2015

By Jeffrey Sparshott U.S. consumer optimism slipped in March as a slight bump in gasoline prices and bad weather weighed on lower-income households. The University of Michigan final March sentiment index registered at 93.0, up from the preliminary reading of ...

UK Factories Strengthened in March, PMIs Likely to Suggest

TODAY: March 28, 2015 PUB DATE: March 27, 2015

By Jon Sindreu LONDON--The manufacturing sector in the U.K. is expected to have recovered in March, according to economists, after a disappointing performance in previous months. Purchasing Managers' Index indicators are expected to show British factory production grew at a ...

Israel to Release Frozen Palestinian Tax Funds -- Update

TODAY: March 28, 2015 PUB DATE: March 27, 2015

By Joshua Mitnick TEL AVIV--Israel said it would release hundreds of millions of dollars in Palestinian tax funds that it froze in January as retaliation for a decision to join the International Criminal Court, easing concern about a potential collapse ...

Revival in Risk Appetite Buoys European Stocks -- 3rd Update

TODAY: March 28, 2015 PUB DATE: March 27, 2015

By Josie Cox European stocks edged higher Friday, reversing a two-session selloff, thanks to a revival in investors' appetite for riskier assets despite lingering geopolitical concerns. Global stocks had suffered sharp declines over the previous two days, burdened by downbeat ...

Fed's Janet Yellen Pitches Cautious Tack on Rate Increases

TODAY: March 28, 2015 PUB DATE: March 27, 2015

By Jon Hilsenrath And Michael S. Derby Federal Reserve Chairwoman Janet Yellen laid out a case for a "gradualist approach" to interest-rate increases in the years ahead, spelling out in greater detail than she has before the risks of moving ...

Intel in Talks to Buy Altera -- Update

TODAY: March 28, 2015 PUB DATE: March 27, 2015

By Dana Mattioli and Dana Cimilluca Intel Corp. is in talks to buy Altera Corp. in a deal that would be the chip-making giant's largest takeover ever. Terms of the potential deal and its timing couldn't be learned, and it ...

Guru's Budgeting Insight Shines Through 3G Deals

TODAY: March 28, 2015 PUB DATE: March 27, 2015

(FROM THE WALL STREET JOURNAL 3/27/15) By David Kesmodel Five decades ago, a young Texas Instruments Inc. accounting manager named Pete Pyhrr pioneered a technique to help businesses shave costs. It led to a book deal, a People magazine interview ...

Oil Falls, Gets Support From Yemen Conflict - Update

TODAY: March 28, 2015 PUB DATE: March 27, 2015

By Georgi Kantchev Oil prices fell Friday on profit-taking and a strong U.S. dollar but the escalating conflict in Yemen was still capturing the attention of the market. Prices surged Thursday after Saudi Arabia and its allies launched airstrikes against ...