Articles By Moran Zhang

Bernanke

FOMC, German Court’s ESM Ruling, And China's August Data: Economic Events For Sept. 10-14

The week is chock-full with data releases, but the Federal Reserve's policy meeting on Sept. 12-13 will carry the most weight.

Job seekers stand in line to speak with an employer at a job fair in San Francisco

August US Jobs Report Is Disappointing - 6 Takeaways: Analysis

It's been three years since the Great Recession technically ended, but unemployed Americans are struggling to find work.

China Railway

China To Boost Growth With $127B Of Infrastructure Spending

China has unveiled plans to build dozens of new subway and inner-city rail transit links, data from the country's top economic planning agency show, in a new move to stimulate its slowing economy.

Mario Draghi

Draghi: ECB Agrees To Unlimited New Bond Program - OMT

European Central Bank President Mario Draghi said Thursday the “euro is irreversible” and announced a new bond-buying plan “Outright Monetary Transactions,” or OMTs, aimed at lowering the struggling euro zone countries’ borrowing costs, which would serve as a “fully effective backstop.

Jobs Report

August US Jobs Report Looks Bleak, May Trigger QE3

The stakes are high. Friday's August jobs report will be the last major data point for the Federal Reserve to consider ahead of the Sept. 12-13 FOMC meeting.

AMR US Airways

American Airlines Pilot Contracts Can Be Abandoned, Judge Says

AMR Corporation's (PINK: AAMRQ) American Airlines took a major step toward emerging from bankruptcy after a federal judge tossed out its pilots' union contract, ending a dispute with the only union it had failed to reach a deal with on concessions.

Manufacturing Factory

Global Manufacturing Weakens Further In August; More Easing Probably Won’t Spur Growth

Manufacturing downturns spared no one in August, surveys of purchasing executives showed, in the latest sign of weakness in the global economy. While the batch of gloomy data boosted hopes for further central bank actions, some economists remain skeptical that such action would have any significant effects.

Jobs

August Jobs Report, ECB Meeting: Economic Events for Sept. 4-7

During the holiday week, economy-watchers are likely to focus on Friday's August nonfarm payrolls report and the European Central Bank’s governing council meeting, on Sept. 6.

Obama Signature

Fast Food At Papa John's, McDonald's, KFC And Others May Soon Come With An Obamacare Surcharge

Fast food franchise owners say the Affordable Care Act could virtually put them out of business with its requirements that they provide health care coverage to most of their employees. Before they go bankrupt, they say they'll pass on the charges to consumers while firing some of their workers -- not a pretty prospect for the U.S. economy.

Societe Generale

French Banks Race To Dump Greek Assets

France's largest banks, Societe Generale SA (EPA: GLE) and Credit Agricole SA (EPA: ACA), are stepping up moves to unload their Greek subsidiaries and sever their unhappy ties to the crisis-hit country.