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Paul Dykewicz

U.S. Companies Added 238,000 Jobs in December, ADP Reports

U.S. companies added more workers than projected in December amid rising optimism about demand, according to a private report on payrolls.

Yellen’s Confirmation as Fed Chair Will Leave Easy-Money Policies, Risks Intact

The Senate’s overwhelming vote to approve Janet Yellen to become the next chair of the Federal Reserve puts the U.S. central bank on a path to maintain its easy-money policies but leaves unanswered questions about the long-term risks of such unprecedented intervention.

Senate sets Monday Vote on Janet Yellen to Head Fed

Janet Yellen moved toward final approval as the Federal Reserve’s next chair after the U.S. Senate set a Monday vote on President Barack Obama’s choice to succeed Ben Bernanke.

Gold Rises to Two-Week High as Equities Soften

Gold gained again today as it rose more than 1 percent to hit a two-week high. Weakness in equities aided demand for the precious metal as a safe-haven asset.

December Auto Sales Slow But 2013 Notched its Best Finish in Six Years

U.S. auto sales slowed a bit in December from the brisk pace earlier this year, but automakers still were on track to end 2013 with the best numbers in six years.