Two major central banks moved Friday to pump up flagging global growth, sending stock markets soaring but raising new questions about the limitations of a seven-year effort to use monetary policy to address economic problems.
NEW YORK, Nov 21 (IFR) - Alibaba Group wowed the markets on Thursday with the largest US dollar bond sale on record from an Asian company, pricing its US$8bn debut at levels even tighter than some of the world's best-known issuers.
New restrictions will aim at making it harder for Wall Street banks to make big bets in the commodities markets. Federal Reserve Bank governor Daniel K. Tarullo gave testimony on Nov. 21 that the central bank is preparing to unveil new restrictions aimed at ...
DEARBORN - AAA says nearly 1.5 million people in Michigan plan to travel 50 miles or more from home during the Thanksgiving holiday period that begins Wednesday.
The unemployment rate in San Bernardino County remained at 7.7 percent in October, the same as it was the previous month, according to data released Nov. 21 by the California Employment Development Department.