“We expect the Fed to reiterate that inflation remains the ‘predominant”

Treasury bonds prices were largely unchanged Wednesday morning, ahead of a Federal Open Market Committee decision on interest rates that is widely expected to keep the overnight rate steady at 5.25 percent.

At 11 a.m. EDT, the 10-year Treasury note was up 31 cents per $1,000 in face value, or 1/32 point, from its level at 5 p.m. Tuesday. Its yield was virtually unchanged at 4.64 percent.

The 30-year bond fell 3/32 point, with the yield holding at 4.81 percent.

The 2-year note was unchanged, yielding 4.68 percent. Read more

Original post by The Associated Press

“We remind investors that this is the first disciplinary action of any kind taken by any regulator against Amaranth or any of its affiliates”

Amaranth Advisors LLC, a hedge fund that suffered a spectacular collapse last fall and lost some $6 billion, has agreed to pay over $716,000 to settle charges of violating securities rules, the Securities and … via Forbes

Original post by Forbes

“This, in turn, can impact the entire ‘housing food chain,’ including some of our potential customers’ ability to sell their existing homes”

Luxury home builder Toll Brothers Inc. said on Wednesday it expected to report lower quarterly revenue and warned that its profit would fall short of its own forecasts, as the protracted downturn in the U.S. … via BNET

Original post by BNET

“The way they market makes it (a store label) look like a regular brand”

Apparel makers under increasing pressure from the nation’s department stores are facing plenty of uncertainty, and that’s making investors anxious as well. via BusinessWeek

Original post by BusinessWeek

“It has gone up a bit, but it still is comparable to other countries. We are certainly seeing an increase and it’s certainly a very disturbing increase to see that happening here in Canada”

(CP) - On the eve of Mother’s Day, a new report from an international charity shows Canada is plunging on a scale assessing the outlook for children in the world’s countries.

The report from Save the Children, based in London, has Canada dropping over the past year to 25th place from 5th on the Children’s Index. The humanitarian group’s index ranks 140 countries on measures such as children’s mortality under the age of five, enrolment in day care, nursery school and secondary school.

The United Kingdom is ranked 21st while the U.S. is at No. 30. Read more

Original post by The Canadian Press