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Dollar drops on lackluster US data

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The dollar Wednesday retreated against other major currencies following a string of mostly lackluster US economic data.

Posted: November 27th, 2014 in Latest Business Stories | Read More »

US stocks eke out small gain to close at record

Wall street 111114

The stock market eked out another all-time high on Tuesday, but the gains were slight as investors awaited more news to give them an indication about the strength of the economy.

Posted: November 12th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

US dollar trades near seven-year high against yen

us dollars

The US dollar traded near a seven-year high against the yen Monday after Japan’s surprise decision last week to widen its stimulus and speculation that US interest rates could be hiked sooner than later.

Posted: November 3rd, 2014 in Latest Business Stories | Read More »

BSP braces for hike in US interest rates

By
AFP FILE PHOTO

The United States Federal Reserve has announced the long-awaited end to its massive monetary stimulus as the recovery of the American economy from the worst financial crisis in decades gains more traction.

Posted: October 31st, 2014 in Editor's Pick,Headlines | Read More »

The foundations of real prosperity

By
INQUIRER.net FILE PHOTO

Many years ago, people said that the Philippine peso was weak and had little value. I remember that many Pinoys converted their money to US dollars because the peso lost value so fast; it seemed then to be the prudent thing to do.

Posted: October 22nd, 2014 in Columnists,Inquirer Columns,Personal Finance | Read More »

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