Macau, the only place in China where folks can go and legally gamble away their money, and one of the most convenient places where they can illegally siphon money out of China and send it to destinations beyond the reach of the government - is it on... (full story)
UK building activity showed the largest rise for four months in February, with optimism about the future also picking up. The Markit/CIPS Construction PMI rose from 59.1 in January to 60.1 in February, its highest reading since October. The survey... (full story)
Greg Mankiw has a nice op-ed on dynamic scoring . The issue: When the congressional budget office "scores" legislation, figuring out how much it will raise or lower tax revenue and spending, it has been using "static" scoring.... (full story)
Activity in the world's factories picked up in February, growing at the fastest rate since last October. The J.P.Morgan Manufacturing PMI, compiled by Markit from its business surveys, rose further from December's 16-month low, up for a second... (full story)
Dean Popplewell - Seeking Alpha - 2 hrs 53 mins ago
By Craig Erlam A quiet trading session on Tuesday means European indices are lacking any meaningful direction ahead of the open this morning. Futures are currently pointing to a marginally higher open but that could easily change before or shortly... (full story)
(1) Treasury Yields - The interest rate that the U.S. Treasury pays to borrow money.
(2) Bank Rates - The federal funds rate is the rate that banks pay to borrow reserves from each other in the interbank market. The prime rate is the rate that banks charge for loans to their best customers.
(3) The interest rate swap rate represents the fixed rate paid on a rate swap to receive payments based on a floating rate. Our Dollar Interest Rate Swaps page shows 1-, 5-, 10-, and 30-year rate swap charts, as well as historical rate swap data tables.
(4) Mortgage Rates - Mortgage rates are the rates that banks charge for loans to homeowners with the home used as collateral for the loan. Fixed-rate mortgage rates are fixed over the term of the loan whereas adjustable-rate mortgages (ARMs) vary over the term of the loan.