Consumer Durables

U.S. Federal Reserve Meeting Minutes for May 1 (Text)

Following are the minutes of the Federal Reserve’s Open Market Committee meeting that concluded on May 1.

U.S. Federal Reserve Meeting Minutes for March 20 (Text)

Following are the minutes of the Federal Reserve’s Open Market Committee meeting that concluded on March 20.

N.Z. Grows at Fastest Pace in 3 Years on Christchurch Work

New Zealand’s economy grew at the fastest pace in three years last quarter, led by retailing and the rebuilding of earthquake-damaged Christchurch city, sending the local dollar higher.

Consumer Comfort Stabilizes as Americans Await Employment Report

Confidence among U.S. consumers stabilized last week, stemming a pullback in sentiment that had threatened to check recent gains in spending.

Stabilizing Confidence Shows U.S. Claims Jump Temporary

Confidence among U.S. consumers stabilized last week, easing concern the latest jump in jobless claims signals a setback in the job market.

Abe, BOJ Will Never Reach 2% Inflation Goal, Sakakibara Says

Japanese Prime Minister Shinzo Abe’s plan to beat deflation with money printing by the central bank is bound to fail as the root causes are more structural, said Eisuke Sakakibara, a former Ministry of Finance official.

An Upside-Down Recovery Goes Back to Square One: Caroline Baum

The U.S. recession may have ended in June 2009, according to the official arbiter of the business cycle. But by all signs, the recovery is just beginning.

TTK Drops Most in Two Months as Investors Deem Surge Excessive

TTK Prestige Ltd., India’s largest kitchen appliances maker, dropped for a third day, heading for the steepest decline in more than two months, as some investors judged the stock’s surge this year excessive.

S&P 500 Rebounds Toward Record on Housing, Orders Data

The Standard & Poor’s 500 Index rebounded to within two points of its record after orders for U.S. durable goods climbed more than forecast in February and home prices increased the most since June 2006.

U.S. January Industrial Production and Capacity Report (Text)

Following is the text of the U.S. industrial production and capacity utilization report for Jan. released by the Federal Reserve.

Federal Reserve

Japan

Europe

New York

Stocks Slump With Metals on China Data as Yen Strengthens

U.S. Stocks Fall on China Manufacturing, Fed Speculation

Jobless Claims in U.S. Dropped More Than Forecast Last Week

HP Jumps Most in 3 Months as Forecast Beats Estimates

Tesla Pays Back U.S. Early as Musk Aims for Affordability