The economic expansion in the U.S. is sufficiently entrenched to withstand a short-term slump in stock prices and weakness in emerging markets, keeping the Federal Reserve on track to trim stimulus, economists say.
The U.S. economic expansion is sufficiently entrenched to overcome a short-term slump in stock prices and a cooling in emerging-market growth, keeping the Federal Reserve on track to reduce stimulus, economists say.
The iShares MSCI Emerging Markets Index exchange-traded fund slid to a four-month low as China’s manufacturing trailed estimates. Turkey’s lira sank to a record low after the central bank made an unscheduled intervention.
A group of U.K. doctors and lawyers called for a full inquest into the death of David Kelly , the government scientist who was the source of a story saying the official dossier justifying the Iraq war had been “sexed up.”
U.S. Treasury yields rose to an 11- week high and stocks fell a fourth day as signs of economic growth fueled concern the Federal Reserve will scale back bond buying. Copper, gold and crude oil led commodities higher.
A group of leading U.K. medical experts want a full inquest into the death of David Kelly , a Ministry of Defence scientist named by Tony Blair ’s government as the source of a leak saying the official dossier justifying the Iraq war had been “sexed up,” according to a letter published in the London-based Times today.