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US industrial output stutters amid winter storms
AFP - US industrial production inched up 0.1 percent in February, grinding to a near-halt amid severe snow storms that crippled large parts of the East Coast, Federal Reserve data showed Monday.
China trims holdings of Treasury securities
AP - China retained its spot as the biggest foreign holder of U.S. Treasury debt in January although it trimmed its holdings for a third straight month. The string of declines are likely to underscore worries that the U.S. government could face much higher interest rates to finance soaring budget deficits.
China cuts back US Treasury bond holdings: Treasury
AFP - China cut back its Treasury bond holdings in January but remained the top owner of US government debt, the Treasury Department said Monday.
China cuts back Treasury bond holdings amid tensions
AFP - China cut back its Treasury bond holdings to the lowest level in eight months the US Treasury said Monday, amid sharp allegations that Beijing is undervaluing its currency.
U.S. presses India on Doha trade talks
Reuters - A top U.S. official on Monday urged India and other large emerging economies to rescue the eight-year-old Doha round of world trade talks by making better offers to open their markets to American goods.
Summary Box: Copper prices fall on demand worries
AP - COPPER DROPS: Copper prices fell as traders worried that China may take steps to curb economic growth, which could hurt demand for the metal used in construction and consumer products.
Copper prices fall amid concerns over China
AP - Prices for copper fell Monday amid speculation that China, a big importer of the industrial metal, will take steps to slow down its economy.
Summary Box: China trims US Treasury holdings
AP - FOREIGN HOLDINGS: China trimmed its holdings of U.S. Treasury securities for a third month in January, reducing its position to $889 billion, a drop of $5.8 billion from December.
President would tap NY Fed chief under Dodd bill
Reuters - The New York Federal Reserve Bank's president would become a political appointee and bank chiefs like JPMorgan Chase's Jamie Dimon could no longer sit on the board of their regulator under a proposal unveiled by the head of the Senate Banking Committee on Monday.
Fed saves some regulatory authority in Dodd plan
Reuters - The Federal Reserve would retain some but not all of its oversight powers in the changed financial landscape envisioned by Senate Banking Committee Chairman Christopher Dodd in a plan unveiled on Monday.
Credit card data hints at U.S. consumer rebound
Reuters - Credit card delinquency rates improved at JPMorgan Chase & Co and a majority of others -- a sign the lenders still face hurdles in the wake of the deep recession.
Recession left "walking wounded" workers: study
Reuters - Many workers around the world have given up hopes of advancing in their jobs, but the bad economy is keeping them from finding new ones.
Summary Box: Fed debates how to signal rate hikes
AP - THE GREAT DEBATE: Likely to dominate the Fed's discussion at its meeting Tuesday: how and when to signal higher interest rates are on the way. The challenge: doing so in a way that doesn't confuse or jolt ordinary Americans and Wall Street investors.
US Fed set to hold policy meeting on rates
AFP - The US Federal Reserve was widely expected to keep its key lending rate at virtually zero percent Tuesday as financial markets look for signals of future monetary policy tightening.
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