The Federal Reserve revealed Wednesday that its policy-setting Open Market Committee was divided over the issue of asset purchases, sending stock lower.
A nomination hearing for Jack Lew, a former Citigroup manager, to serve as U.S. treasury secretary would seem to offer a unique perspective on bank bailouts.
Well, there's a slap in the face. After a wave of positive economic data, the U.S. Commerce Department said the economy put on the brakes in the fourth quarter.
Durable goods orders rose in December, equities look poised for an upbeat day in New York and benchmark Treasury bond yields rose above 2 percent early Monday.
A members of the Hamas security forces patrol the border area between Gaza and Egypt, in the southern Gaza Strip May 20, 2013. Egyptian police angered by the kidnapping of seven colleagues by Islamist gunmen kept a crossing into the Gaza Strip closed again for four days, stranding hundreds of Palestinian travellers, As Tunnels between Egypt and Gaza closed and border was declared as military zone. Palestinian security forces patrol around the border, witnesses said. UPI/Ismael Mohamad