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US economy

While you were sleeping Budget talks turn frosty


While you were sleeping Optimism on US budget talks

Signs that budget talks between US Democrats and Republicans are finally progressing are raising optimism an agreement to avoid the fiscal cliff will be reached by year-end.

World week ahead: Negative vibes likely from US earnings, China data

American corporate earnings are expected to show the negative impact of Europe's continued struggle to get its sovereign debt crisis under control and a slump in China's pace of expansion.

While you were sleeping: US home prices show strength

Wall Street recovered from yesterday's declines, helped by data showing US home prices rose for a third straight month in April, showing more convincing signs of recovery.

Dollar outlook: Kiwi tipped to fall on Brussels summit

Foreign exchange analysts say the kiwi may fall this week as European policymakers meet to discuss the region's sovereign debt concerns.

NZ dollar outlook: Kiwi to rise on relief over Greek poll

The kiwi may rise this week after good news from Greece and possible postive moves in the US.