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A Boeing Co. 787 jet sits on the production line at Boeing's manufacturing facility in Everett, Washington, on Feb. 3, 2010. Photographer: Kevin P. Casey/Bloomberg March 26 (Bloomberg) -- Michael Feroli, chief U.S. economist at JPMorgan Chase & Co., talks with Bloomberg's Lori Rothman and Mark Crumpton about the outlook for the U.S. economy. Feroli also discusses the Treasury market and Federal Reserve monetary policy. (Source: Bloomberg) March 25 (Bloomberg) -- Hugh Johnson, chairman and chief investment officer at Johnson Illington, talks with Bloomberg's Carol Massar and Matt Miller about the outlook for ...
WASHINGTON — Inventories held by wholesalers rose for a fifth consecutive month in May but sales fell for the first time in more than a year, sending a cautionary signal about the strength of the recovery. Wholesale inventories increased 0.5 percent while sales dropped 0.3 percent, the Commerce Department said Friday. It was the first decline for sales since March of 2009. The May sales decline is the latest sign that the economic recovery could be losing momentum in the second half of the year. Weakness in sales could discourage businesses from boosting their orders. That would translate ... Read More
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