US corporate profits expanded at an annualised rate of just over 5% in Q1, following an increase of nearly 10% in the prior quarter. Margins were boosted by renewed downward pressure on unit labour...

The renewed appreciation of the yen over the past month has encouraged speculation that the Japanese currency will revisit the post-war record intraday high of 76.25 to the dollar seen on 17th March...

The Federal Reserve’s second round of quantitative easing (QE2) ends next month. Last November, the FOMC announced that the Fed would purchase an extra $600bn in US government bonds by th middle of...

The growth rate of US domestic corporate profits has outstripped the growth rate of the US economy significantly since the end of the Great Recession. However, corporate profits are now coming under...