SYDNEY/TOKYO The yen touched a fresh 18-month high against the greenback early on Monday after its biggest weekly gain in over seven years as traders bet that Tokyo policymakers have limited capacity to stem the yen's gains.
SAN JUAN, Puerto Rico -- Gov. Alejandro Garcia Padilla announced that Puerto Rico's government will not make nearly $370 million in bond payments due Monday after a failure to restructure or find a political solution to the U.S.
With new data suggesting that China's economy stabilized in April amid a property recovery and credit surge, analysts say there is little need for stepped-up monetary easing in the immediate future.
Retirees often struggle with the complexity of deciding if it is worth delaying social security payments to receive a larger benefit.
At the peak for drilling activity in the United States, Baker-Hughes tallied 1,609 rigs operating in the US. As of today's report, that number is down to 332, a fresh low, despite a huge uptick in prices since the low back in February.