Coverage: Pending home sales rise slightly in March
Slightly more Americans signed contracts to buy homes in March, yet higher mortgage rates and a shortage of available houses are weighing on sales. Christopher Rugaber of AP had the news: The National Association of Realtors said Monday that its pending home sales index ticked up 0.4 percent last month to 107.6. It was the second […]
Biz journalist Mracek joins St. Louis Fed
Longtime business journalist Karen Mracek has joined the Federal Reserve Bank of St. Louis as a media relations coordinator. She started on Monday. Mracek most recently was a Federal Reserve Board reporter for Market News International, where she was also at one time acting managing editor for the global news service. Mracek was previously with […]
Coverage: 10-year Treasuries hit 3 percent
The yield on the benchmark 10-year Treasury note hit the key psychological level of 3 percent Tuesday for the first time since January 2014. Thomas Franck of CNBC.com had the story: “It’s certainly a psychological level for people,” said Gary Pollack, head of fixed-income trading at Deutsche Bank Private Wealth Management. “We have a lot of supply this […]
Reuters seeks Russian economics correspondent
Reuters news agency is looking for a first-rate correspondent who can tell a global audience about the Russian economy, economic and monetary policy, and the financial services sector. He or she will need a network of sources so they can deliver stories that our competitors cannot get. They must have the expertise to spot a […]
Puget Sound Biz Journal wins SPJ award in public service
The Puget Sound Business Journal received a public service award from the Society of Professional Journalists for its coverage of the economic costs of homelessness in the Seattle area. Editor in chief Emily Parkhurst explained how the story came about: It all started when the city of Seattle and King County released a report in […]
Leonard hired by Bloomberg to cover trade
Jenny Leonard, associate editor of Inside U.S. Trade, has been hired by Bloomberg News to cover the trade beat. She starts next month. Leonard has been a been a reporter in Washington for three years and has covered the trade policy beat for two years. Prior to her work at Inside U.S. Trade, her print and […]
Coverage: Housing starts rise faster than expected in March
U.S. homebuilding rose more than expected in March amid a rebound in the construction of multi-family housing units, but weakness in the single-family segment suggested an acute shortage of homes for sale will likely persist. Lucia Mutikani of Reuters had the news: Other data on Tuesday showed a solid increase in industrial production last month as […]
Coverage: Oil prices hit three-year high
Oil prices hit new 2018 highs — and a three-year high — as missile strikes on top crude exporter Saudi Arabia added to the market’s worries about escalating conflict between the United States and Russia in Syria. Tom DiChristopher of CNBC.com had the news: Brent, the benchmark for international oil prices, earlier climbed to its highest […]
Buell hired by MLex to cover tax policy
Former Wall Street Journal reporter Todd Buell has been hired by MLex to cover the European Union in Brussels. Buell will focus mainly on tax policy as a senior correspondent. Buell previously wrote about the European Central Bank and the eurozone economy from The Journal’s Frankfurt bureau. His coverage area included monetary policy, economic indicators, […]
Coverage: Trade deficit rises to near 10-year high
The U.S. trade deficit increased to a near 9-1/2-year high in February, with both imports and exports rising to record highs in a sign of strong domestic and global demand. Lucia Mutikani of Reuters had the news: News on Thursday of the worsening trade deficit came as the United States and China were embroiled in tit-for-tat […]
