Articles About NYSEARCA:MDY
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March 06, 2012European Economy on the Cusp of Another Widespread Recession
Europe's economy contracted in the fourth quarter as exports and consumer spending declined and investors pulled out of equities...
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March 05, 2012Service Sector Posts Unexpectedly Strong Numbers
The U.S. service sector, which accounts for two-thirds of the country's economic activity, grew at its fastest pace in a year during February...
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March 05, 2012ISM: Expired Tax Credit Weighs on Business Spending
U.S. factory orders fell in January for the first time in three months due the expiration of a tax credit for businesses, which resulted in a reduction in capital goods orders...
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March 05, 2012Iceland Blames Former PM for Financial Crisis
The trial of Iceland's former prime minister for negligence leading to the 2008 financial crisis began today in the capital city of Reykjavic...
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March 02, 2012Spain Rebels Against Budget Reforms
Spain is trying to soften its deficit target for 2012 in a move that would undermine the credibility of a just-signed fiscal treaty meant to hold euro-zone members to tighter budget discipline...
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March 02, 2012EU Signs Treaty to Prevent Future Debt Crises
All but two European Union countries signed a treaty for stricter budget discipline and enforcement for the euro zone on Friday...
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March 01, 2012Factory Growth and Spending Slow
U.S. manufacturing has been one of the few bright spots in the global economy, but growth has cooled as consumer spending failed to pick up steam...
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March 01, 2012Initial Jobless Claims Beat Expectations
New claims for unemployment benefits continued to decline last week, holding close to four-year lows...
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February 29, 2012What the Beige Book Says About the Economy
The Fed report was cautiously optimistic as it noted some economic improvement in January and the first part of February, even in the beleaguered housing sector...
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February 29, 2012Ben Bernanke Gets Cheeky With Congress
The Federal Reserve chief warned Congress that unless growth accelerated, the unemployment rate would not keep dropping in the months ahead...
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February 29, 2012Economic Growth Takes Root
The U.S. economy grew more than initially estimated during the fourth quarter, calming fears that 2012 would witness a sharp slowdown...
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February 29, 2012What Will Banks Do With €530B in Cash?
Euro-area banks borrowed a record amount of three-year cash from the European Central Bank on Wednesday, taking advantage of an operation that is meant to ease the effects of a credit crunch and boost bond and equity markets...
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February 28, 2012Consumers Confident in Jobs Recovery
Better employment prospects and rallying stock prices are supporting consumer sentiment, which could in turn spur spending...
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February 28, 2012S&P Cuts Greek Debt to Selective Default
In a highly-anticipated move, Standard & Poor's cut Greece's debt rating to default on Monday, a first for any euro-zone nation...
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February 28, 2012Durable Goods Orders Tumble to 3-Year Low, Signal Slowdown
New orders for manufactured goods dropped the most in three years in January as demand fell for everything from household appliances to aircraft...
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February 24, 2012Consumers Optimistic About Jobs Recovery
Consumer sentiment improved in February as Americans became more confident in the resilience of the U.S. economy and a record number reported hearing about more job opportunities...
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February 24, 2012Recession Looms in Euro Zone
The euro zone is headed for a mild recession this year, the region's second economic contraction since 2008...
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February 23, 2012Weekly Jobless Claims Signal New Hiring
New claims for unemployment benefits were unchanged last week, holding steady for a second week at the lowest level seen since March 2008...
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February 22, 2012Obama Will Propose New Corporate Tax Rate
The Obama administration will propose reducing the corporate tax rate by 7 percent on Wednesday, a cut he intends to pay for by eliminating dozens of tax loopholes companies now use to lower their taxes...
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February 22, 2012Fitch Downgrades Greek Debt Citing Imminent Default
The downgrade comes just one day after the announcement that Greece secured a second bailout of 130 billion euros from its creditors...
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February 21, 2012
Greek Bailout Deal is Complete
In exchange for 130 billion euros, Greece has accepted severe austerity measures and strict conditions, and came to an agreement with private investors to accept even steeper losses than expected...
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February 18, 2012Dissension at the Fed? A Critic of Easy Money Speaks His Mind
Bank of Dallas President Richard Fisher calls out Fed Chairman Ben Bernanke for his easy money policies, while calling on Congress to do more for the economy...
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February 17, 2012House Votes to Extend Payroll Tax Cuts, Unemployment Benefits in $150B Stimulus Package
The U.S. House of Representatives voted Friday to extend a payroll tax holiday for 160 million workers and unemployment benefits for millions of others through the rest of the year...
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February 16, 2012January Core Producer Price Index Up Significantly
The January core rate was fueled by drugs costs, which comprised around 40 percent of the increase ...
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February 16, 2012
Jobless Claims Fall to Near 4-Year Low
Initial claims for unemployment benefits fell to a seasonally adjusted 348,000 in the week ended February 11, the lowest level since March 2008...
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February 16, 2012
Congress Reaches Bipartisan Agreement to Extend Payroll Tax Cut
The bipartisan deal would extend a payroll tax cut for 160 million Americans through the end of the year, during which it would save the average American working family $1,000...
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February 15, 2012Fed Minutes: Bernanke Remains Cautious, No More Quantitative Easing For Now
The U.S. Federal Reserve is split on whether to open up a third round of bond purchases to boost the sluggish recovery...
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February 15, 2012China Pledges Support for Euro Zone’s Bailout Funds
China has pledged to invest in Europe's bailout funds and sustain its holdings of euro assets...
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February 15, 2012
Euro Economy Shrinks for the First Time in Nearly 3 Years
But despite the general doom and gloom surrounding all things Europe, the euro zone economy actually contracted less than forecast...
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February 14, 2012
Austerity: The Real Cost of Greece’s Bailouts
The cost of of Greece's two bailouts is harrowing austerity that not only makes real economic growth unlikely, but is largely to blame for a crippling recession...
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