Men's Wearhouse doesn't like the way its founder looks anymore.
Fed suggests it's closer to slowing bond purchases
Martin Crutsinger, Associated Press |
posted 58 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 because the economy is strengthening.
Stocks slide as Fed says bond purchases could slow
Steve Rothwell, Associated Press |
posted 59 minutes ago
Financial markets shuddered Wednesday after the Federal Reserve said it could start scaling back its huge economic stimulus program later this year and end it by the middle of 2014.
Car quality dinged by tech glitches, survey finds
Dee-ann Durbin, Associated Press |
posted Jun 19th - 3:16pm
Car buyers increasingly want high-tech features like voice recognition and navigation. But they're not very forgiving of the car company when those systems fail.
Oil down slightly as Fed signal easing of stimulus
The Associated Press |
posted Jun 19th - 2:14pm
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.
News Summary: Men's Wearhouse ousts founder
The Associated Press |
posted 41 minutes ago
THE NEWS: Men's Wearhouse Inc. says Wednesday it dismissed its founder and executive chairman George Zimmer, who appeared in many of its TV commercials with the slogan, "You're going to like the way you look. I guarantee it."
US Treasury bond market at a glance
The Associated Press |
posted Jun 19th - 3:28pm
News Summary: Dow slides 206 points on Fed
The Associated Press |
posted Jun 19th - 3:23pm
EASING BACK: Stocks slid and bond yields rose sharply after Federal Reserve Chairman Ben Bernanke said the central bank could start to pull back on its bond purchases later this year if the economy improves enough, and end the program by mid-2014.
La-Z-Boy, Adobe, Tetra Tech are big movers
The Associated Press |
posted Jun 19th - 3:20pm
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
GAO says airline merger would reduce competition
David Koenig, Associated Press |
posted Jun 19th - 3:11pm
A government review finds that the merger of American Airlines and US Airways would reduce competition on more than 1,600 routes traveled by more than 53 million passengers.
5 points to know about the health care overhaul
Tom Murphy, Associated Press |
posted Jun 19th - 3:05pm
Still a little hazy about the health care overhaul? You have plenty of company.
5 points to know about the health care overhaul
Tom Murphy, Associated Press |
posted Jun 19th - 3:05pm
Still a little hazy about the health care overhaul? You have plenty of company.
Gold and grain futures higher
The Associated Press |
posted Jun 19th - 2:51pm
Gold ended higher and grain contracts climbed in Wednesday trading.
How the Dow Jones industrial average fared
The Associated Press |
posted Jun 19th - 2:39pm
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 Jun 19th - 2:36pm
Fed sees lower US unemployment, more growth
Christopher S. Rugaber, Associated Press |
posted Jun 19th - 2:29pm
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.
Markets
DJIA
15112.19
-206.04
Nasdaq
3443.20
-38.98
S&P 500
1628.93
-22.88
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CNBC Top Headlines
Microsoft Buckles, Sets XBox One Free
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CNNMoney.com Headlines
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NYTimes.com Biz News
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Wed, 19 Jun 2013 22:16:56 GMT
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Italian Designers Dolce and Gabbana Convicted of Tax Evasion
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