Economic and Finance
FOSHAN, China — After years of being pushed to work 12-hour days, six days a week on monotonous low-wage assembly line tasks, China’s workers […]
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January’s surprise rally in Treasuries may prove fleeting, as options traders bet on bigger price swings in bonds and waning volatility in stocks for […]
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Federal Reserve officials are considering a proposal to schedule limited sales of bonds from the central bank’s $2.2 trillion balance sheet as part of […]
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General Motors Co. said Monday that it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than in […]
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China said on Wednesday it will consider major currencies in guiding the yuan, suggesting a departure from an effective dollar peg that has been […]
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CVS Caremark Corp said its pharmacy benefits management business lost $4.8 billion in contracts heading into next year and will not meet its targets […]
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More U.S. manufacturers are optimistic about the economy, but poor demand remains a top concern, according to a survey.
Forty-eight percent of U.S.-based industrial manufacturers […]
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The Federal Reserve’s program to revive the markets for U.S. securitized debt may be disrupted and credit to consumers choked off if planned accounting […]
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A Chinese saying nicely sums up the likely fallout from this summer’s tussle between state firms and foreign banks over toxic derivative deals: “When […]
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Japanese Finance Minister Hirohisa Fujii said people are wrong to think that he’s in favor of a stronger yen.
The currency pared its gains […]
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