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U.S. Fed struggled with 2009 bailouts, bond-buying: transcripts

Posted on 4 March 2015 | 12:28 pm

WASHINGTON/NEW YORK (Reuters) - The Federal Reserve struggled with the message being sent by its role in bank bailouts and worried about the impact of a bond-buying program aimed at easing the 2007-2009 financial crisis, according to transcripts released by the U.S. central bank on Wednesday. The transcripts from Fed meetings in 2009 reveal intense discussions on how to prop up the U.S. banking ...

US stocks sinking market heads for second loss; Alcoa falls most in S&P 500 index

Posted on 4 March 2015 | 11:14 am

NEW YORK, N.Y. - U.S. stocks sank Wednesday, pulling indexes further below record highs. The drop was modest but broad: nine of the 10 sectors in the Standard & Poor's 500 index lost ground.

US stock indexes sink as market heads for a second loss

Posted on 4 March 2015 | 11:13 am

NEW YORK (AP) — U.S. stocks sank Wednesday, pulling indexes further below record highs. The drop was modest but broad: nine of the 10 sectors in the Standard & Poor's 500 index lost ground.

U.S. private sector adds jobs in February, but growth slows -ADP

Posted on 4 March 2015 | 11:02 am

U.S. private employers added fewer jobs than expected last month, with the gains declining as well from January's revised level as growth slowed in some sectors, a payrolls processor report showed on Wednesday. The ADP National Employment Report, jointly developed with Moody's Analytics, showed a gain of 212,000 private-sector jobs. Economists surveyed by Reuters had forecast the ADP to show a ...

Survey: US businesses add 212K jobs in February

Posted on 4 March 2015 | 8:19 am

WASHINGTON (AP) — U.S. businesses added more than 200,000 jobs in February for the 13th straight month, a private survey found. It was the latest sign that strong hiring should boost the economy this year.

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