Wall Street Week Ahead: ‘Sell in May and Go Away?’ Not This Year

  By Angela Moon NEW YORK (Reuters) – With the Dow and the S&P 500 setting another string of record closing highs this week, the old Wall Street adage “Sell in May and Go Away” is starting to look weak. Closing out the second week of May,...

In Shovels, a Remedy for Jobs and Growth

By EDUARDO PORTER Published: February 12, 2013 The budget deficit in 2013 is expected to fall below $1 trillion for the first time in five years. Perhaps policy makers in Washington can now focus on the other $1 trillion deficit, one that gets next to no attention yet...

Economy expanded in recent weeks, Fed reports

Economic activity across the United States expanded at either a moderate or modest pace in recent weeks with consumer spending picking up, the Federal Reserve said on Wednesday, suggesting little change in strength of the recovery. The U.S. central bank painted a...

Wall Street extends gains on “cliff” deal

By Gabriel Debenedetti NEW YORK | Wed Jan 2, 2013 2:44pm EST (Reuters) – U.S. stocks jumped on the year’s first day of trading, after Washington lawmakers cut a last-minute deal to avert automatic tax hikes that threatened to stunt economic growth. With...

Economists: Housing recovery finally here

Economists: Housing recovery finally here By Chris Isidore @CNNMoneyOctober 3, 2012: 10:33 AM ET               Economists surveyed by CNNMoney believe that the housing market recovery is finally here. NEW YORK (CNNMoney) —...