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This week's turbulence in Tokyo markets exposes a key risk of Prime Minister Shinzo Abe's all-in strategy to revive Japan's economy - if investor confidence falters, the government and the Bank of Japan may be left with few options to turn the tide.On Friday, the Nikkei share average <.N225> had another tumultuous session, traversing a 7.1 percent range between positive and negative territory before ending up 0.9 percent.The violent moves kept investors on edge after a 7.3-percent slide on Thursday, the sharpest drop for the Japanese stock market since the 2011 earthquake and tsunami.At the same time, the 10-year-bond yield, a key interest rate linked to home mortgages and business loans, has almost tripled from the 0.315 percent record low it plumbed in early April just after the central bank announced its plans for a massive increase in asset purchases.The wild market gyrations represent the first serious test for Abe, who has become a popular figure at home and on Wall Street for pr...
Chinese personal-computer maker Lenovo Group Ltd. (0992.HK) said Thursday that net profit for the fiscal year ended March rose 34% as sales growth remained robust ev...
Below is the text of Federal Reserve Chairman Ben Bernanke's prepared testimony on the U.S. economy to the congressional Joint Economic Committee on Wednesday.Chairm...
"They offload Apple's tax burden onto other taxpayers – in particular, onto working families and small businesses. The lost tax revenue feeds a budget deficit that h...
Psychiatrist Dr. Keith Ablow on a study on sending text messages to those with depression to remind them to take their medication.
Heritage Foundation’s Curtis Dubay and FBN’s Liz MacDonald on the push for a corporate tax overhaul.
Financial Security Index Charts Americans' Spending Guarded But OptimisticThe slowness of the recovery is keeping Americans' optimism in check, according to mixed in...
College graduates battling federal student loan costs might be able to refinance for a lower rate under proposed legislation.The bill, introduced by Sen. Kirsten Gil...
A report from the U.S. Senate Permanent Subcommittee on Investigations, led by Sens. Carl Levin (D., Mich.) and John McCain (R., Ariz.), will say Apple (NASDAQ:AAPL)...
In an effort to take a pulse of U.S. small businesses and entrepreneurs at the local level, over the last year Dell conducted a nine-city small business “Think Tank” tour. Here are the findings.
A gauge of future U.S. economic activity in April rose to its highest level in nearly five years as firming housing and labor market conditions offset weakness in ma...
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Japanese Prime Minister Shinzo Abe, unveiling the latest tranche of his growth strategy on Friday, set targets to triple infrastructure exports, double sales of agri...
FBN’s Liz MacDonald on the Democrats’ efforts to get to the bottom of the targeting by the Internal Revenue Service.
Former chairman of council and economic advisors Martin Baily weighs in on the Fed and markets.
The 2010 Congressional midterm elections were approaching. Attacks on the Tea Party and groups calling for less government spending and taxation were in full swing.P...
The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to resilience in the labor market despite belt-tighte...
The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to resilience in the labor market despite belt-tighte...
Chinese personal-computer maker Lenovo Group Ltd. (0992.HK) said Thursday net profit for its fiscal fourth quarter ended March rose 90% from a year earlier on cost c...
China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary manufacturing survey showed, entrenching fears that its e...
