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Paul Dykewicz

U.S. Payrolls Rise 175,000; Unemployment Rate Climbs to 6.7 Percent

Employers added more workers than projected in February, indicating the U.S. economy is starting to recover from a weather-induced setback.

Hedge Funds Take Most Bullish View of Gold in 14 Months

Hedge funds raised bullish gold bets to the highest level in more than 14 months, amid mounting concern that the U.S. economic recovery is slowing.

Fourth-Quarter U.S. GDP Growth Cut to 2.4 Percent

The U.S. government slashed its estimate for fourth-quarter growth as consumer spending and exports fell below initially estimates, suggesting a loss of economic momentum heading into 2014.

Credit Suisse Chief Tells Senate He ‘Regrets’ Tax Ploy

Chief Executive Brady Dougan of Swiss bank Credit Suisse testified before a Senate committee today that he “deeply regrets” that some of the company’s private bankers violated U.S. tax laws.

U.S. Factory Production Falls by Most Since 2009

Factory production in the United States unexpectedly declined in January by the most since May 2009, with severe winter weather likely playing a role in holding back the economy.

Emerging-Market Funds Outflow Surpass Total 2013 Sales

Less than two months into 2014, global investors pulled more money out of emerging-market stock and bond funds than the total amount they withdrew last year.