Dollar Bulls Unimpressed by Retail Sales

With the U.S. economy returning to positive job growth and equities hitting 17 month highs last month, Americans celebrated by hitting the stores. Retail sales rose 1.6 percent in March, against the market’s 1.2 percent forecast. However the Ma

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JPMorgan Net Rises 55% on Fixed Income, Provision Cut (Update2)

JPMorgan Chase & Co., the second- biggest U.S. bank by assets, beat analysts’ estimates as first- quarter earnings rose 55 percent on record fixed-income trading revenue and a reduction in provisions for credit losses.

FDIC extends key deposit program

Federal banking regulators voted Tuesday to extend a program that offers U.S. businesses unlimited insurance coverage on their bank accounts.


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