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Showing 61 - 70 of 85 results for "Philadelphia"

Freaked out

BENJAMIN ONG  |  FRIDAY, 21 MAY 2010
... stalled and the US economy is stuffed. Sure... sure... bet your house on one month's number. Bad news 3: The The Philadelphia Fed index rose to 21.4 in May from 20.2 in April. Not entirely bad news because it indicates that activity in the region is ...

When old news is good news

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2010
... a "box". Read, we better stop promising free money or it may blow up in our faces. This one from another Charles, Philadelphia Fed President Plosser commented that, "I believe we do need better regulation. It is not obvious to me that we need more regulation ...

In the eyes of the beholder

BENJAMIN ONG  |  FRIDAY, 19 FEB 2010
... ending 6 Feb against expectations for a drop to 438K, Wall Street looked elsewhere. And it liked what it saw. The Philadelphia Fed index rose by more than expected to 17.6 in February from 15.2 in the previous month. What has changed? This index has ...

Pleasant and nasty

BENJAMIN ONG  |  MONDAY, 19 OCT 2009
... negative report is matched by one and a half or two positive ones. For instance, a below expectations dip in the Philadelphia Fed manufacturing index was offset by a spike in the Empire State manufacturing survey (one) and a drop in initial jobless claims ...

Wealth effect turns positive

BENJAMIN ONG  |  FRIDAY, 18 SEP 2009
... You want more? Similar to the improvement in the other manufacturing surveys we saw over the past few weeks, the Philadelphia Fed's index on manufacturing jumped to 14.1 in September - the highest level since June 2007 (you know, before the Lehman bust) ...

Macquarie buys Delaware Investments

RUTH LIEW  |  THURSDAY, 20 AUG 2009
... deepens Macquarie's footprint in North America and adds a further $150 billion into its assets under management. Philadelphia-based Delaware currently has over $150 billion in AUM and the acquisition will boost Macquarie's assets under management to ...

No protection in protectionism

BENJAMIN ONG  |  FRIDAY, 19 JUN 2009
... increased for the second straight month in May - the best two-month performance since November and December 2001. The Philadelphia Fed manufacturing index for June jumped to its highest level since September 2008. Continuing claims for unemployment insurance ...

Sentiment seesaw

BENJAMIN ONG  |  FRIDAY, 17 OCT 2008
... morning sellers saw the US economic glass half-empty as they focused on more troubling data releases overnight. The Philadelphia Fed manufacturing index - which covers eastern Pennsylvania, southern New Jersey and Delaware - plummeted an 18-year low ...

Dovish RBA minutes

BENJAMIN ONG  |  FRIDAY, 22 AUG 2008
... indicator in the last 12 months and points to further weakness in the US economy in the next 6-9 months. Meanwhile, the Philadelphia Fed manufacturing index scored its ninth consecutive month of negative result in August, falling by 12.7 percent following ...

All Eyes on the CPI

BENJAMIN ONG  |  WEDNESDAY, 23 JUL 2008
... production and refining facilities. Gold prices fell by 1.7 percent to US$947.40 an ounce. Meanwhile, comments from Philadelphia Fed President Charles Plosser unsettled the bond markets and sent the US dollar higher. Plosser said US inflation is 'too ...