IMS Health Inc., the provider of prescription data to drugmakers and analysts, plans to issue high-yield, high-risk debt to finance its leveraged buyout as the junk-bond market shows signs of weakening.
Employment in the U.S. unexpectedly stagnated in August, increasing pressure on Federal Reserve Chairman Ben S. Bernanke and President Barack Obama to spur an economy that’s barely growing two years into the recovery.
Media General Inc., the publisher of the Tampa Tribune and Winston-Salem Journal newspapers, is planning to sell high-yield, high-risk debt as media companies lead issuance in the U.S. junk-bond market.
JPMorgan Chase & Co . revised down its first-quarter growth estimate for the U.S. economy to an annual rate of 3.5 percent from a prior forecast of 4 percent, according to chief U.S. economist Michael Feroli .
The U.S. jobless rate unexpectedly fell in January to the lowest in three years as payrolls climbed more than forecast, casting doubt on the Federal Reserve’s plan to keep interest rates low until late 2014.
The U.S. economy probably grew at a 2 percent annual pace in the first three months of the year as the jump in food and fuel costs slowed consumer spending, according to a revised forecast by economists at Barclays Capital Inc. in New York.