Comcast Selling Bonds After Time Warner Cable Deal

TODAY: Oct. 26, 2014 PUB DATE: Feb. 19, 2014

By Mike Cherney Comcast Corp. is selling $2.2 billion in bonds on Wednesday, testing investor appetite after the cable operator surprised Wall Street last week by setting plans to buy Time Warner Cable Inc. for about $45 billion in stock. ...

Fed's Bullard Cautions Against Writing Off Unemployment Drop

TODAY: Oct. 26, 2014 PUB DATE: Feb. 19, 2014

By Pedro Nicolaci da Costa A rapid recent drop in the U.S. jobless rate reflects true improvement in the labor market rather than a shrinking labor force, a top Federal Reserve official said Wednesday. James Bullard, president of the St. ...

Mexico's President Sends New Competition Bill to Congress

TODAY: Oct. 26, 2014 PUB DATE: Feb. 19, 2014

By Anthony Harrup MEXICO CITY--Mexican President Enrique Peña Nieto submitted to Congress Wednesday a proposed new competition law that gives antitrust authorities greater powers to ensure competition in the $1.2 trillion economy. The bill follows constitutional amendments made last year ...

U.S. Steel, AK Steel Shares Slump Following Trade Finding

TODAY: Oct. 26, 2014 PUB DATE: Feb. 19, 2014

By Ben Fox Rubin Shares of U.S. Steel Corp. (X) and AK Steel Holding Corp. (AKS) dropped Wednesday after a federal trade investigation determined that a major importer will avoid additional tariffs, a finding that puts pressure on the domestic ...

BOE Says Investment Pickup Needed for Growth

TODAY: Oct. 26, 2014 PUB DATE: Feb. 19, 2014

By Jason Douglas and Geoffrey T. Smith LONDON--Bank of England officials said this month they expect consumer spending in the U.K. to slow this year and that a revival in business investment will be needed to sustain a strengthening economic ...

Treasury Bonds Fall For Second Straight Session

TODAY: Oct. 26, 2014 PUB DATE: Feb. 20, 2014

By Min Zeng Treasury bond prices pulled back for a second session Thursday as investors continue to weigh the minutes of the Federal Reserve's recent policy meeting that raised the possibility of an increase in short-term interest rates sooner than ...

Brazil Unemployment Rate Rises Less Than Expected in January

TODAY: Oct. 26, 2014 PUB DATE: Feb. 20, 2014

RIO DE JANEIRO--Brazil's unemployment rate rose far less than expected in January after the yearly wave of holiday-season hiring subsided, as the country's labor market remained hot despite an ongoing economic slowdown. Joblessness in six of Brazil's biggest metropolitan areas ...

U.S. Budget Seen With Democrat-Supported Proposals

TODAY: Oct. 26, 2014 PUB DATE: Feb. 20, 2014

President Barack Obama's 2015 budget won't include policies in his previous budgets that have been favored by Republicans, a White House official said, including a change in the Consumer-price index that would affect Social Security. Instead, Mr. Obama's budget will ...

MARKET SNAPSHOT: Stocks Close Higher On Markit PMI, Deal Boost

TODAY: Oct. 26, 2014 PUB DATE: Feb. 20, 2014

By Victor Reklaitis, MarketWatch NEW YORK (MarketWatch) -- U.S. stocks finished with solid gains on Thursday after a choppy start to the session, shaking off losses that came amid downbeat reports from the Philadelphia Federal Reserve, China and Europe. Traders ...

CURRENCIES: Dollar Up V.s. Aussie On China PMI, Eurozone Eyed

TODAY: Oct. 26, 2014 PUB DATE: Feb. 20, 2014

By Laura He The dollar jumped against the Australian dollar on Thursday, after the preliminary reading of China's manufacturing data from HSBC disappointed investors and sent most Asian equities into dive, while the euro advanced ahead of upcoming Eurozone flash ...

Oil Futures Tick Lower on Rising Supplies

TODAY: Oct. 26, 2014 PUB DATE: Feb. 20, 2014

--Crude-oil supplies rose by 1 million barrels as refinery output fell --March Nymex futures slip 0.4% to $102.92/barrel --Gasoline futures hit fresh 2014 high By Nicole Friedman NEW YORK--Oil futures edged below four-month highs Thursday after government data showed reduced ...

CPI Demonstrates Divergence Between Service, Goods Inflation

TODAY: Oct. 26, 2014 PUB DATE: Feb. 20, 2014

By Jon Hilsenrath Thursday's U.S. consumer price index report showed a meaningful divergence between goods and services inflation. The U.S. seems to be in a new part of the inflation cycle. U.S. services inflation is stabilizing at a lower level ...

BOND REPORT: Treasurys Fall After Mixed U.S. Data, TIPS Auction

TODAY: Oct. 26, 2014 PUB DATE: Feb. 20, 2014

By Ben Eisen, MarketWatch NEW YORK (MarketWatch) -- Treasury prices inched lower Thursday after a round of mixed economic data and an auction of inflation-protected securities, as the market continued to weigh whether recent weak economic indicators are signs of ...

Yellen Will Testify Feb. 27 Before Senate Committee

TODAY: Oct. 26, 2014 PUB DATE: Feb. 20, 2014

WASHINGTON--Federal Reserve Chairwoman Janet Yellen will appear Feb. 27 before the Senate Banking Committee to speak about monetary policy and the U.S. economy, the committee announced Thursday in a press release. Ms. Yellen spoke Feb. 11 before the House Financial ...

EUROPE MARKETS: China, Fed Are A Double Whammy For European Stocks

TODAY: Oct. 26, 2014 PUB DATE: Feb. 20, 2014

By Barbara Kollmeyer, MarketWatch MADRID (MarketWatch) -- European stocks were in the red on Thursday after a weaker-than-expected report on China's manufacturing activity, which compounded the impact of some hawkishness contained in the minutes of the Federal Reserve's January meeting. ...

U.S. Existing-Home Sales Fall in January

TODAY: Oct. 26, 2014 PUB DATE: Feb. 21, 2014

By Josh Mitchell and Jeffrey Sparshott WASHINGTON--A broad measure of home sales fell sharply in January, the latest sign the housing market is buckling under higher mortgage rates and a severely cold winter. Sales of previously owned homes fell by ...

EU Almunia: Aspects of Google's Corporate Behavior of Concern

TODAY: Oct. 26, 2014 PUB DATE: Feb. 21, 2014

By Francis Robinson BRUSSELS -(Dow Jones)- Many aspects of Google Inc.'s (GOOG) corporate practices are of concern, the European Union's antitrust chief Joaquín Almunia said Friday, and a final decision needs to made on the negotiated settlement over their search ...

Fisher Continues to Support Tapering of Fed Bond-Buying

TODAY: Oct. 26, 2014 PUB DATE: Feb. 21, 2014

NEW YORK--Federal Reserve Bank of Dallas President Richard Fisher reiterated his support Friday for the central bank's effort to wind down its bond-buying stimulus program. "One is hard pressed to argue that there is much efficacy derived from additional expansion ...

Canada January Annual Inflation Rate Highest Since June 2012

TODAY: Oct. 26, 2014 PUB DATE: Feb. 21, 2014

January Inflation Report =-----------------------------------------=--=--=--=--=--== Key Numbers ! ! Jan. Dec. ! Consensus: ! Core Inflation y/y +1.4% +1.3% !Core: +1.3% y/y! Core Inflation m/m +0.2% -0.4% !Headline: +1.3%! All-items CPI y/y +1.5% +1.2% ! ! All-items CPI m/m +0.3% -0.2% ...