How the Dow Jones industrial average fared
The Associated Press |
posted 5 minutes ago
Stocks fell sharply Wednesday after Federal Reserve Chairman Ben Bernanke said the central bank could slow its massive bond purchases this year and end them by mid-2014 if the economy improves enough. High-dividend stocks like telecommunications and utilities fell the most. Markets have been making big swings in recent weeks as traders try to anticipate when the Fed will ease back on the bond-buying program. The Dow Jones industrial average had its seventh straight move of 100 points or more.
Figures on government spending and debt
Associated Press |
posted 8 minutes ago
Porsche tops in annual survey of vehicle quality
Associated Press |
posted 12 minutes ago
Porsche is the top performer in an annual survey of new vehicle quality.
5 things to know about the health care overhaul
Tom Murphy, Associated Press |
posted 13 minutes ago
Still a little hazy about the health care overhaul? You have plenty of company.
GAO says airline merger would reduce competition
David Koenig, Associated Press |
posted 14 minutes ago
A government analyst says the merger of American Airlines and US Airways would reduce competition on more than 1,600 routes traveled by more than 53 million passengers.
Fed sees lower US unemployment, more growth
Christopher S. Rugaber, Associated Press |
posted 15 minutes ago
The Federal Reserve sketched a slightly brighter picture of the U.S. economy this year and next, a sign it is moving closer to slowing its bond-buying program.
Fed suggests it's closer to slowing bond purchases
Martin Crutsinger, Associated Press |
posted 19 minutes ago
Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program later this year and end it next year if the economy continues to improve.
Oil down slightly as Fed signal easing of stimulus
The Associated Press |
posted 31 minutes ago
The price of oil fell slightly Wednesday as the Federal Reserve indicated it's closer to easing up on economy boosting measures that have been a boon for commodities.
Men's Wearhouse ousts founder, pitchman Zimmer
Anne D'innocenzio, Associated Press |
posted 34 minutes ago
Men's Wearhouse doesn't like the way its founder looks anymore.
Gold and grain futures higher
The Associated Press |
posted 42 minutes ago
Gold is ending higher in Wednesday trading.
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