Bad Paper

NEW YORK (Reuters) – The adage “as January goes, so goes the year” bodes ill for equity investors after the S&P 500 closed out its worst month in almost a year. This week, they will have to contend with fears of sovereign defaults and potential unpleasantness in the U.S. labor market as well.

WASHINGTON (Reuters) – The economic recovery is suddenly looking more robust. If it is going to stay that way, the labor market will need to catch up soon.

Aerospace executives and the US government react with concern to a Chinese threat to impose sanctions on American groups involved in a $6.4bn arms deal with Taiwan

The US will take on a broader range of military responsibilities, including defending space and cyberspace, in spite of growing pressure on budgets, a long-awaited administration report is set to conclude

Toyota’s 1,200 US dealers are putting a brave face on the recall of vehicles with potentially defective accelerator pedals and a freeze on sales of some of the Japanese carmaker’s most popular models

A Chinese regulator’s criticisms of the “irresponsible” pricing of initial public offerings has fuelled speculation that Beijing could temporarily halt the new issue market in order to introduce fresh pricing rules

Reacting to Washington’s announcement of a $6.4bn arms package for Taiwan, China threatened to impose sanctions on US companies involved in the deal and to cut cooperation with Washington

90 minutes ahead of the opening bell and thirty before a GDP release that should show economic growth at a four-year high, equities are trading higher, commodities are mixed, and the dollar is stronger. A snapshot from 8:00 shows Dow futures up 39 points to 10101 and S&P 500 futures up 4.30 points to 1,083. [...]

NEW YORK (Reuters) – Stocks dropped on Friday, as worries about fiscal turmoil in Europe and a drop in technology stocks pushed the S&P 500 to its worst monthly decline since February 2009.

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Some of the world’s most prominent bankers are in favour of a global tax on lenders, after weeks of growing political pressure in the US and Europe for a crackdown on financial institutions

NEW YORK (Reuters) – The adage ‘as January goes, so goes the year’ bodes ill for equity investors after the S&P 500 closed out its worst month in almost a year. In the coming week, they will have to contend with fears of sovereign defaults and the potential for unpleasant surprises in the U.S. labor market.

TOKYO (Reuters) – Toyota Motor Corp President Akio Toyoda apologized for the recall of millions of vehicles around the world, Japanese broadcaster NHK reported, as the deepening recall crisis threatened to further damage its sales and delay an earnings recovery.

President Barack Obama on Friday scolded his Republican opponents for trying to block his legislative agenda at almost every turn and urged them to join a bipartisan push to create jobs and spur economic recovery.

Some of the world’s most prominent bankers are in favour of a global tax on lenders, after weeks of growing political pressure in the US and Europe for a crackdown on financial institutions

NEW YORK (Reuters) – Stocks dropped on Friday, as worries about fiscal turmoil in Europe and a drop in technology stocks pushed the S&P 500 to its worst monthly decline since February 2009.