Market News International seeks European Central Bank reporter

Market News International, a global financial news service, is looking for an experienced, dynamic journalist with strong analytical skills to cover the European Central Bank, reporting on monetary and related macroeconomic policy for a sophisticated investing audience. Based in Frankfurt, this person will demonstrate tenacity in pursuing intelligence on ECB and related Eurozone policy of […]

Coverage: Markets tumble on election results

The U.S. stock market is expected to fall in heavy trading on Wednesday as investors became scared due to the election of Republican candidate Donald Trump as the country’s president. Adam Shell and Matt Krantz of USA Today had the news: The open of trading Wednesday if Trump completes the upset win will likely be a bloodbath, he […]

WaPo Fed reporter Mui to now cover economic policy

Washington Post economy and business editor David Cho and deputy business editor Zachary Goldfarb sent out the following announcement on Thursday: We’re happy to announce that Ylan Mui will become our White House economic policy writer — responsible for covering the new administration’s budget and tax policies, the new president’s economic team, agencies such as […]

Coverage: Fed sets itself up for December rate hike

The Federal Reserve Board kept interest rates stable during its Federal Open Market Committee meeting Wednesday, but it set up the distinct possibility of a rate hike at its December meeting. Christopher Condon of Bloomberg News had the news: Fed officials revealed growing confidence that inflation is on track to reach their 2 percent target. The […]

Market News names acting ME, new Fed reporter

Karen Mracek, a Federal Reserve Board reporter for Market News International, has been named acting managing editor for the global news service. Jean Yung, a reporter at Market news since March, is taking over the Fed beat from Mracek. Mracek was previously with Kiplinger Washington Editors where she did business forecasting for The Kiplinger Letter. […]

ACBJ’s growth projection data stories help its small business readers

The American City Business Journals papers across the country have been publishing stories this week showing their readers projected population growth for their markets — as well as other cities. The project is the brainchild of G. Scott Thomas of Buffalo Business First, who has been with the ACBJ paper since 1990. Although his title is projects […]

Fed needs to tighten policies in the wake of media leaks

The Federal Reserve needs to improve the way it handles the release of sensitive information generated by its board of directors and policy-setting committee in the aftermath of media leaks, according to an Inspector General report, writes Kate Davidson of The Wall Street Journal. Davidson writes, “The Fed routinely shares such releases with news media […]

Coverage: Auto sales fell in September

Auto sales, after six years of strong growth, fell in September even though dealers increased financial incentives to potential buyers. Nathan Bomey of USA Today has the news: September vehicle sales declined 0.5% to 1.44 million units, reflecting an annualized selling rate of 17.76 million vehicles, according to Autodata. With one quarter to go, the industry is expected to […]

Bloomberg names Murray ME for economic coverage

Bloomberg News has made a number of promotions in its economics news coverage team in Washington. Longtime Bloomberg staffer Brendan Murray has been promoted to managing editor of U.S. economic coverage. Murray has been with Bloomberg since April 1998, as a commodities reporter, economics reporter, White House correspondent and as an economics editor in Washington […]

Coverage: Fed keeps interest rates steady, for now

The Federal Reserve Board decided to maintain the level of the federal funds rate, which is the basis for interest rates, on Wednesday, but it indicated that an increase could happen soon. Jeff Cox of CNBC.com had the news: After the latest move by the central bank to pass on a hike, Yellen was left to […]