Fed Keeps ‘Considerable Time’ Pledge as Growth Is ‘Moderate’
The Federal Reserve maintained a commitment to keep interest rates near zero for a “considerable time” after asset purchases are completed.
Goldman Reports Highest Profits in 3 Years
Underwriting revenue at Goldman Sachs surged to a record, and the firm’s reliance on trading fell to the lowest level in more than a decade.
French Factory Output Keeps Business Confidence Low
Factory output in France fell for the third month in a row in February, and the gloom that descended on factory executives in that month was unchanged for March, according to the Bank of France.
Greece Worries Set Markets Tumbling
Worries that Greece might default on its mountain of sovereign debt sent global markets steeply downward on Monday, with bank stocks in France leading the plunge.