Stocks are moving higher Wednesday after Federal Reserve Chairman Ben Bernanke said it was too soon for the central bank to pull back on its economic stimulus programs.
Stocks rise on Fed stimulus hopes, home sales
The Associated Press |
posted 7 minutes ago
Stocks are moving higher after Federal Reserve Chairman Ben Bernanke said it was too soon for the central bank to pull back on its massive economic stimulus programs.
Oil falls near $95 on small drop in supplies
Pablo Gorondi, Associated Press |
posted 11 minutes ago
The price of oil fell near $95 a barrel Wednesday as the nation's oil supply fell less than expected and demand for gasoline remained weak.
Bernanke signals Fed to maintain stimulus efforts
Martin Crutsinger, Associated Press |
posted 16 minutes ago
Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs.
US auto factories cutting back on summer downtime
Dee-ann Durbin, Associated Press |
posted 41 minutes ago
The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' growing demand for new cars and trucks.
US home sales tick up to highest in 3 1/2 years
Christopher S. Rugaber, Associated Press |
posted 44 minutes ago
Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale.
AAA: 31.2M drivers to take Memorial Day road trip
Scott Mayerowitz, Associated Press |
posted 46 minutes ago
It's going to be another busy Memorial Day weekend on the nation's highways.
Lowe's 1Q profit rises, but results miss Street
Michelle Chapman and Mae Anderson, Associated Press |
posted 56 minutes ago
Lowe's said Wednesday that its first-quarter net income rose nearly 3 percent, but results fell short of expectations as rainy weather hurt spring gardening sales.
Median CEO pay rises to $9.7 million in 2012
Christina Rexrode, Associated Press |
posted May 22nd - 8:24am
CEO pay has been going in one direction for the past three years: up.
Evian giving its water bottle a makeover
Candice Choi, Associated Press |
posted May 22nd - 7:39am
Evian is giving itself a facelift to keep up with its sleek, young competitors on store shelves.
Target's 1Q profit drops 26 pct on weak sales
Anne D'innocenzio, Associated Press |
posted May 22nd - 7:15am
Target Corp. reported a 26 percent drop in first-quarter profit as cool temperatures and financial pressures limited customers' appetite for spending.
Futures rise; all eyes on the Fed
Associated Press |
posted May 22nd - 5:44am
U.S. stock futures are rising with the nation's central bank seemingly committed to ushering along a financial rebound and the housing market nearing an important milestone.
How The AP and Equilar calculate CEO pay
The Associated Press |
posted May 22nd - 8:33am
For its annual survey of CEO pay, The Associated Press uses data provided by Equilar, an executive pay research firm.
On top of big salaries, companies pile on perks
Christina Rexrode, Associated Press |
posted May 22nd - 8:18am
Wynn Resorts kept a suite open all year at its tony Las Vegas hotel and casino for founder and CEO Steve Wynn, at a cost of nearly $452,000.
Stocks edge higher as investors watch the Fed
The Associated Press |
posted May 22nd - 7:48am
Stocks are opening slightly higher as investors watch for the latest moves from the Federal Reserve.
IMF softens views on UK government's policies
Danica Kirka, Associated Press |
posted May 22nd - 5:04am
The International Monetary Fund has softened its assessment of the British government's economic policies, saying in a report Wednesday that it did well to ease its pace of austerity cuts, but stressing more was needed to support the recovery.
Markets
DJIA
15492.86
+105.28
Nasdaq
3522.57
+20.45
S&P 500
1681.67
+12.51
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CNBC Top Headlines
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CNNMoney.com Headlines
Memorial Day travel to dip this year
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