Michael McKee

Michael McKee News

  • Author Kaiser Says Moderates Disappeared From GOP (Audio)

    Updated 2 hours, 18 minutes ago

    Robert Kaiser, author of "Act of Congress," says the biggest change in U.S. politics has been the transformation of the Republican Party. Kaiser talks with Bloomberg's Tom Keene and Michael McKee on Bloomberg Radio's "Bloomberg Surveillance."

  • Bernanke Seeks Sustained Job Gains Before Paring Bond Buy

    Federal Reserve Chairman Ben S. Bernanke and his fellow policy makers, expressing concern that federal budget cuts are blunting the recovery, signaled little appetite for reducing record stimulus without what he called “real and sustainable” progress in reducing unemployment.

  • U.S. Stocks Fall on Concern Fed Will Scale Back Stimulus

    U.S. stocks fell, with benchmark indexes retreating from record highs, as concern grew that the Federal Reserve will scale back its stimulus efforts if the labor market continues to improve.

  • Bernanke Says Premature Tightening Would Endanger Recovery

    Federal Reserve Chairman Ben S. Bernanke defended the central bank’s record stimulus program under questioning from lawmakers, telling them that ending it prematurely would endanger a recovery hampered by high unemployment and government spending cuts.

  • Dudley Says Decision on Taper Will Require 3-4 Months

    Federal Reserve Bank of New York President William C. Dudley said policy makers will know in three to four months whether the economy is healthy enough to overcome federal budget cuts and allow the central bank to begin reducing record stimulus.

  • Junk Yields Outweigh Default Risk, Wells Capital’s Patel Says

    Investors may still find value in speculative-grade corporate bonds paying record-low yields as a falling default rate curbs the risk of losses, according to Margie Patel, a money manager at Wells Capital Management Inc.

  • Treasury 10-Year Notes Little Changed Before Bernanke Testimony

    Treasuries were little changed before Federal Reserve Chairman Ben S. Bernanke testifies to Congress amid speculation he will emphasize the need to maintain monetary-stimulus measures.

  • Bond Spread Offers Opportunity for Profit, Standish’s Leduc Says

    The gap in yields between benchmark Treasuries and company debt leaves room for investors to earn returns in fixed income, according to David Leduc, chief investment officer at Standish Mellon Asset Management Co.

  • FCC Bolstered, ISDAfix E-Mails, Swedish Banks: Compliance

    The U.S. Supreme Court bolstered the authority of federal administrative agencies, upholding Federal Communications Commission deadlines for local zoning authorities considering applications for new wireless facilities.

  • Levitt Says SAC’s Cohen Will Refuse to Answer Questions (Audio)

    Arthur Levitt, former chairman of the Securities and Exchange Commission, says SAC Capital Advisors's Steven Cohen will invoke his Fifth Amendment right against self-incrimination when he appears before a grand jury investigating insider trading practices. Levitt talks with Bloomberg's Tom Keene and Michael McKee on Bloomberg Radio's "Bloomberg Surveillance."

Advertisement
Sponsored Links
Advertisement
Curation software by Lingospot