12/12/13 09:36 AM
More than 2 million unemployed Americans are at risk of losing their jobless benefits over the next three months. That threatens to undermine the unemployment rate as an anchor for future Federal Reserve action.
12/12/13 09:26 AM
Support for voluntary retirement of United Nations carbon credits at last month’s global climate talks is unlikely to dent a surplus that drove prices to record lows, according to Bloomberg New Energy Finance. Envoys at the UN Conference of the Parties in Warsaw encouraged canceling...
By Bloomberg News | 12/11/13 10:23 AM
Treasuries ended a three-day advance amid speculation a U.S. budget agreement will support the economy and make it easier for the Federal Reserve to start reducing bond purchases.
12/11/13 10:13 AM
Rising shale-oil output increased domestic production to a 24-year high, helping shield the U.S. from interruptions in supply from Libya, Iraq and Iran.
12/10/13 10:10 AM
The number of positions waiting to be filled rose by 42,000 to 3.925 million, the highest since May 2008, from a revised 3.883 million in September, the Labor Department reported Tuesday in Washington. The pace of hiring decreased.
By Bloomberg News | 12/09/13 03:28 PM
Bitcoin, the virtual money former Federal Reserve Chairman Alan Greenspan called “a bubble,” was accepted as payment in the purchase of a Tesla Motors Inc. Model S electric car at a California Lamborghini dealership. Lamborghini Newport Beach sold the car for about $103,000, or 91.4...
By Bloomberg News | 12/07/13 01:25 PM
President Obama is attempting to secure a long-lasting nuclear disarmament deal with Iran without alienating strong U.S. ally Israel.
By Bloomberg News | 12/05/13 10:05 AM
U.S. companies could encounter higher borrowing costs under a congressional tax plan that would reverse a 29-year-old policy making it easier for other countries’ residents to invest in U.S. corporate debt.
By Bloomberg News | 12/05/13 09:30 AM
The mini-boom in Bitcoin software for smartphones is making it easier for consumers to use the virtual currency in place of cash for quick transactions, such as paying for food or splitting a bill. The widening appeal of the digital money is also fueling a rally that has lifted Bitcoins to record...
By Bloomberg News | 12/02/13 11:30 AM
Nicole Blakey says she can’t stand watching other people buy junk food with the government-issued food-stamp debit cards she’s used to raise three children while earning $9 an hour at a dry cleaner. “It makes me sick when you see people at the store, and they have 12-packs of pop,” the...
By Paul Bedard | 12/12/13
By David Freddoso | 12/12/13
By Charles Hoskinson | 12/12/13
By Brian Hughes | 12/12/13
By Philip Klein | 12/11/13