SINGAPORE (Reuters) – Asian shares drifted lower and the euro floundered near an 11-month low on Wednesday after the Federal Reserve failed to take any new steps to stimulate growth and offset the chilling effects of Europe’s still-unresolved debt crisis. Read Full Story
WASHINGTON (Reuters) – The Federal Reserve on Tuesday warned that turmoil in Europe presents a big risk to the U.S. economy, leaving the door open to possible further steps to boost growth even though it noted a somewhat stronger labor market. Read Full Story
“All the sales and inventory data that have been reported since Jan. 2007 are being downwardly revised,” the NAR said. “Sales were weaker than people thought.” Read Full Story
NEW YORK (Reuters) – Stocks fell for a second straight day on Tuesday after the Federal Reserve gave no hints of new stimulus measures to offset the effects of the worsening European debt crisis. Read Full Story
WASHINGTON (Reuters) – The Federal Reserve on Tuesday pointed to turmoil in Europe as a big risk to the U.S. economy, leaving the door open to a further easing of monetary policy even as it noted some improvement in the U.S. labor market. Read Full Story
Retail sales rose less than expected in November as a drop in receipts for food and beverages weighed against stronger sales of motor vehicles, the Commerce Department said on Tuesday. Read Full Story
Equities are struggling for traction and the euro remains under pressure as investors continue to express concern about the eurozone crisis Read Full Story
The airline is to buy 208 of the aircraft maker’s 737 Max, underlining the industry’s growing appetite for aircraft that burn less fuel Read Full Story