U.S. initial jobless claims probaly fell to 336,000 in the week ended March 1, 8:30 a.m. Click here to view the entire article.
Royal Caribbean Cruises plans to repay about $526 million of ship-related debt due this year, according to CFO Jason Liberty. Click HERE for more.
The Federal Reserve’s release of transcripts from its 2008 policy meetings on Friday provide new detail on policymakers’ thinking during this critical period. Here are three lessons the market can take away from these transcripts, which cover the Fed’s expansion of its policy tools as the credit crunch of 2007 grew into the Great Financial Crisis of 2008-2009. Inside –– Bloomberg Economist Josh Wright [...]
A Bloomberg Brief model of the U.S. Federal Reserve’s bias toward raising or lowering interest rates has shifted closer to neutral. Improving labor and financial market conditions have lifted the bias indicator to its closest point to neutral since August 2008, a month before Lehman Brothers collapsed. Click here to continue reading sample article.
United Continental Holdings plans to fund the delivery of 36 aircraft from Boeing this year with a combination of enhanced equipment trust certificates and borrowings from banks, said Treasurer Gerald Laderman. Click HERE for more.
More speculative-grade U.S. loans are trading above par than at any time since May, JPMorgan data show. Click HERE for more.
Linn Energy, the company that bought Berry Petroleum for $4.3 billion, may repay debt it incurred from the deal that’s due this summer with its line of credit, said CFO Kolja Rockov. Click HERE for more.
Bloomberg Brief invited two leading China academics to discuss whether far-reaching reforms can maintain growth in the world’s second-largest economy at its current pace. Eswar Prasad says that expansion can continue at 6 percent to 7 percent, while Michael Pettis argues that rising debts and high costs of reform mean a sharp slowdown is inevitable. Click here [...]
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