LONDON (Reuters) - Weak economic growth and subsiding price pressures suggest Britain's central bank should run an extremely loose monetary policy, Bank of England policymaker David Miles said on Wednesday. "Growth remains very weak. That... [Full Article]
By Ryan Vlastelica NEW YORK (Reuters) - After flirting with an all-time high for three weeks, the S&P 500 posted its best closing level in history. But some strategists say Thursday's record could be a harbinger that the stock market rally i... [Full Article]
By Ryan Vlastelica NEW YORK (Reuters) - After flirting with an all-time high for three weeks, the S&P 500 posted its best closing level in history. But some strategists say Thursday's record could be a harbinger that the stock market rally i... [Full Article]
By Wanfeng Zhou NEW YORK (Reuters) - The stars are aligning for U.S. dollar bulls. For more than a decade, good times in such markets as stocks and real estate were bad news for the greenback. Investors tended to use the U.S. dollar only as a life ja... [Full Article]
By Wanfeng Zhou NEW YORK (Reuters) - The stars are aligning for U.S. dollar bulls. For more than a decade, good times in such markets as stocks and real estate were bad news for the greenback. Investors tended to use the U.S. dollar only as a life ja... [Full Article]
BATH, England (Reuters) - The Bank of England has a good case for restarting monetary stimulus, and may need to buy up to 175 billion pounds more of government bonds if growth is far below potential, a senior policymaker said. David Miles, in a speec... [Full Article]
CAPE CANAVERAL, Fla. (AP) - A 150-foot asteroid hurtled toward Earth's backyard, destined Friday to make the closest known flyby for a rock of its size. (Source: Associated Press)... [Full Article]
LONDON (Reuters) - The Bank of England does not need to give more guidance on the direction of monetary policy, and suspending its inflation target could be justified only "in exceptional circumstances", a senior policymaker said on Monday.... [Full Article]
The heat released by everyday activities in energy-guzzling cities is changing the weather in far-away places, scientists report today (Jan. 27). (Source: LiveScience.com)... [Full Article]