Topic: U.S. Dollar

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How the world is reacting to Obama's reelection

From China to Iran, President Obama's reelection elicited everything from celebration to doubt about his second-term agenda. Here are 11 responses:

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US economic growth revised down: Will Fed keep foot on accelerator?

Investors welcomed news that the US economy grew in the first quarter at an annual pace of only 1.8 percent, well below last month's estimate of 2.4 percent, because it may encourage the Fed to persist longer in its stimulus policy.
Gold prices fall as dollar strengthens

Gold fell 1 percent Monday morning, hurt by a stronger dollar and worries over the US Federal Reserve possibly tapering its stimulus program. The decline follows a 7 percent drop for gold last week.
Stocks in tailspin as China adds to Federal Reserve worries

Stocks plunged Thursday continuing the flight from stocks and bonds as traders reacted to news that the Federal Reserve could end its massive bond-buying program. A slowdown in Chinese manufacturing added to Wall Street's worries.
Stocks drop on choppy day for Wall Street

Stocks fell Tuesday on concerns that central banks will pull back from support for the global economy. Stocks began sliding from the opening bell, trailing markets in Asia and Europe.
Gold nears three-week low on stimulus tapering

Gold fell more than 1 percent on Tuesday to a near three-week low after the Bank of Japan opted not to extend its stimulus program, stoking speculation that the era of ultra-loose global monetary policy is coming to an end.
Stocks rise on hiring jump

Stocks jumped Friday on news of steady growth in hiring last month. Expectation of continued economic stimulus from the Federal Reserve also pushed stocks upward.
Opinion At US-China summit, trust is the issue

President Obama and Chinese President Xi Jinping face a full agenda, from cybertheft to North Korea, when they meet at a desert estate in California today and tomorrow. But the fundamental issue is lack of trust, which needs building over a vast array of issues.
Stocks mixed in slow start to week

Stocks fluctuated between small gains and losses on Wall Street for most of Monday. Small-company stocks are doing well because they are less exposed to recession-plagued Europe than the large international stocks that make up the Dow and the S&P 500 index.
Stocks gain on good economic news

Stocks closed higher on Wall Street for a fourth straight week Friday. Consumer confidence and other economic indicators rose, giving stocks a boost.
Toilet paper shortage sends Venezuelans scrambling for rolls

Toilet paper shortage: After years of economic dysfunction, the country has gotten used to shortages of medicines and basic food items like milk and sugar but the scarcity of bathroom tissue has caused unusual alarm.
Stocks pause rally on economic skepticism

Stocks paused on Wall Street Monday as investors assessed whether stock valuations were overstating the recent improvement in the economy. Stocks have surged this year, boosted by an improving economy, Federal Reserve stimulus and record corporate earnings.
Stocks climb for third straight week

Stocks rose Friday to close three straight weeks of gains on Wall Street. A sharp increase in small-company stocks is also a sign that investors are more willing to take on risk.
Stocks recede from record levels

Stocks fell from record levels Thursdays, with markets ending the day slightly lower. A decline in Americans applying for unemployment benefits failed to give stocks a boost.
Stocks soar. Dow has first close above 15,000.

Stocks rose on Wall Street Tuesday with the Dow Jones industrial average closing above 15,000 for the first time. Higher quarterly profits for companies including satellite TV provider DirecTV and watchmaker Fossil pushed stocks upward. The Dow Jones is up 15 percent this year.
Tax VOX Tax reform: how to fix the international tax mess

Corporate tax reform is impossible without addressing international issues, Gleckman writes. Yet, this corner of the tax law is not only immensely complex but most proposed solutions inevitably run into massive political and policy roadblocks.
Stocks gain after jobless claims fall

Stocks rose on Wall Street Thursday on encouraging news about jobless claims. Higher profits from CBS, Facebook, and other companies helped push stocks upward.
Stocks stall on tepid GDP growth

Stocks stalled Friday after GDP didn't grow as much as hoped and earnings from a handful of big companies failed to rev up investors. Weaker hiring reports have also held stocks back.
Global News Blog Q&A: Who ultimately bears responsibility for Bangladesh factory disasters?

Low wages and lower safety standards have made Bangladesh a major garment producer - and a source of workplace deaths like the more than 200 killed in a Dhaka factory collapse this week.
Stocks edge higher on drop in jobless claims

Stocks closed higher on Wall Street but only after giving up much of the ground they won earlier in the day. Good news on jobless claims and healthy earnings from name-brand companies like Royal Caribbean and Harley-Davidson encouraged investors to buy stocks.
Stocks stumble after a fake tweet announced White House attack

Stocks lost and then recovered on Tuesday after a false tweet announced an attack on the White House. In a matter of minutes, the stock market declined by one percent.
Gold price: biggest tumble in 30 years (+video)

Gold price falls $140 – 9 percent – in a single day. Here are four reasons the two-year decline in the gold price is accelerating.
Global News Blog Good Reads: China's limits, competitive America, charitable giving, and New York childhoods

This week's round-up of Good Reads includes the 'glass ceiling' superpower China faces, optimism about the long-term prospects for the US economy, a look at charitable giving in the US, and tales of growing up in New York City.
Worst lapse in years: Fed probes early release of minutes

More than 100 people received Federal Reserve policy minutes some 24 hours before their scheduled release. Federal Reserve and federal regulators are looking to see if any stocks or other securities were traded based on the information.
Stocks rise; Dow hits another record

Stocks rose on Wall Street Tuesday with the Dow Jones industrial average closing at another record high. Materials and energy stocks led the gains following a surge in prices for commodities like copper.
Egyptian official calls economic situation 'worrisome'

After two years of political turmoil Egypt faces an economic crisis, and has been in talks with the IMF for a multi billion-dollar loan. Egypt's planning minister said the country needs to act quickly to restore the economy.