Steven Vames

Producer Price Index Unchanged in July

By Steven Vames

The unchanged PPI follows a 0.6% rise in June.

10:25AM 08/11/00

Flextronics to Merge With JIT Holdings

By Steven Vames

It's Flextronic's second major aquisition in less than two weeks.

04:26PM 08/10/00

Beige Book Suggests Fed Won't Raise Rates in August

By Steven Vames

The report says the heady levels of economic activity seen earlier in the year seem to have slowed.

04:52PM 08/09/00

Lower Crude Inventory Data Send Oil Prices Higher

By Steven Vames

The rally in oil prices helped to boost a bevy of oil-related equities.

02:44PM 08/09/00

Update: Cisco Beats Estimates by a Penny

By Steven Vames

Shares of the networking giant are slightly up in after-hours trading in reation to the report.

06:09PM 08/08/00

Update: Productivity Rose 5.3% in 2nd Quarter, Labor Costs Fell 0.1%

By Steven Vames

The surprising gain in productivity and drop in labor costs may ease pressure on the Fed to raise rates.

12:42PM 08/08/00

Consumer Debt Rises 9.9%

By Steven Vames

The growth in borrowing in June was slower than in May, but it remains near historically high levels.

05:24PM 08/07/00

Soft Earnings Numbers Expected for Retail Sector

By Steven Vames

May Department Stores reported Monday second-quarter profits dropped 12%.

04:21PM 08/07/00

Update: Economy Lost Jobs in July; Unemployment Rate Steady at 4%

By Steven Vames

Layoffs of government census workers contributed to the decline in nonfarm payrolls.

11:22AM 08/04/00

Factory Orders Surged 5.5% in June

By Steven Vames

Data suggest that some portions of the economy bounced back from what some called preliminary signs of slowing.

11:41AM 08/03/00