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The Top News
10:47 AM - Wednesday, May 22, 2013
3 hour ago
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MarketWatch.com
Fed Chief Ben Bernanke opens door for slowing asset purchases in next few meetings
RELATED STORIES:
- Bernanke signals Fed to maintain stimulus efforts - Yahoo! News: Business News
- Stocks up as Bernanke says too soon to tighten - USATODAY.com Money News
6 hour ago
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MarketWatch.com
Existing-home sales rose in April to hit the highest rate since November 2009, pointing to an ongoing recovery supported by low interest rates and pent-up demand, according to data released Wednesday.
RELATED STORIES:
- Existing Home Sales Rise 0.6%, Missing Expectations - Clusterstock / Mamta Badkar
5 hour ago
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CNBC
The IRS official at the center of a probe of the agency invokes the Fifth Amendment during a congressional hearing.
RELATED STORIES:
- IRS's Lerner invokes Fifth Amendment at hearing - MarketWatch.com
- IRS official to plead 5th - CNN.com
- Official Claims Treasury Had No Role In Big Scandal - on The Huffington Post
4 hour ago
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CNBC
Clearwire board wants shareholders to accept a richer buyout offer made by Sprint.
10 hour ago
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FOXBusiness.com
Britain's financial regulator said it had finalized capital requirements for Royal Bank of Scotland and Lloyds Banking Group and was comfortable with their plans.
RELATED STORIES:
- Lloyds and RBS confident on capital - BBC
- Regulator okays RBS, Lloyds funding plans - money.cnn.com
- Government needs 'clear strategy' to privatise Lloyds and RBS, says IMF - The Guardian / Jill Treanor
9 hour ago
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money.cnn.com
All eyes are on Ben Bernanke and the Federal Reserve Wednesday as investors await clues about whether the central bank will continue to pump money into the financial system.
RELATED STORIES:
- Stocks pop as Bernanke eases fears - CNNMoney.com
- Bernanke to Congress: Seriously, guys, what are you doing? - Washington Post / Neil Irwin
- Bernanke to Deliver Dovish Message - CNBC
4 hour ago
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CNBC
If it sounds like Fed Chair Ben Bernanke is dancing in his testimony, it's because he is doing rhetorical figure eights in trying to signal where the Fed is going.
RELATED STORIES:
- Stocks open higher ahead of Bernanke testimony - msnbc.com / Justin Menza
- Bernanke testimony to be studied for policy clues - Yahoo! News: Business News
5 hour ago
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Yahoo! News: Business News
NEW YORK (Reuters) - Stocks sharply cut gains after climbing as much as 1 percent earlier as investors parsed comments from Federal Reserve Chairman Ben Bernanke, who was speaking before Congress. The Dow Jones industrial average gained 69.11 p . . .
RELATED STORIES:
- U.S. dollar extends losses as Bernanke speaks - MarketWatch.com
- Gold adds to gains, oil pares losses on Bernanke - MarketWatch.com
- Europe stocks erase losses after Bernanke comments - MarketWatch.com
7 hour ago
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forbes.com /
Yesterday afternoon, Microsoft debuted their new console, the Xbox One, at long last. We saw the controller, the box itself, a redesigned Kinect and some new features and games over the course of an hour.
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- Microsoft's Innovation That Apple Missed - from Seeking Alpha / Justin Jaynes
12 hour ago
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WSJ.com
Sony said its board has started talks about how to address a proposal from activist investor Daniel Loeb to take part of the group's entertainment business public.
RELATED STORIES:
- Sony shares surge on spin off talk - CNNMoney.com
5 hour ago
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MarketWatch.com
SAN FRANCISCO (MarketWatch) -- U.S. stocks shed much of their early gains Wednesday and gold swung lower after Federal Reserve Chairman Ben Bernanke said, in answer to a question from a Congressional committee, the Fed's slowing of asset purcha . . .
RELATED STORIES:
- How The Stock Market Will React To Bernanke's Big Speech - Money Game / Matthew Boesler
- Treasurys rise ahead of Bernanke testimony - MarketWatch.com
- Bernanke: No rate hike soon - money.cnn.com
3 hour ago
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money.cnn.com
Jamie Dimon won his battle to stay on as JPMorgan Chase's chairman, but he may soon have three new board members who might not take it so easy on him.
RELATED STORIES:
- Jamie Dimon Win Sends A Dangerous Message To Wall Street - on The Huffington Post / Mark Gongloff
- Jena McGregor: Should JPMorgan shareholders have split Jamie Dimon's roles? - Washington Post / Jena Mcgregor
- Don't Buy the Negative Hype on Jamie Dimon - Fool.com
6 hour ago
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FOXBusiness.com
Federal Reserve Chairman Ben Bernanke warned Wednesday that ending its easy policy stance now would not return the economy to sustainable growth.
5 hour ago
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on The Huffington Post
DETROIT -- Detroit auto factories are forgoing their traditional two-week summer break and speeding up production to meet buyers' growing demand for new cars and trucks.
Ford Motor Co. said Wednesday that 21 of its North American factories w . . .
3 hour ago
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on The Huffington Post
NEW YORK (AP) — One after another, major U.S. corporations have updated anti-discrimination policies to protect gay, lesbian and transgender workers, drawing plaudits from gay-rights groups. There's one prominent exception: Exxon Mobil Corp.
. . .
5 hour ago
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WSJ.com
Pfizer plans to shed its majority stake in animal-health company Zoetis, continuing Pfizer's efforts to its hone its focus on drugs and vaccines for humans.
6 hour ago
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WSJ.com
The International Monetary Fund urged the U.K. government to ease back on its austerity program to avoid inflicting long-term damage on the nation's growth prospects.
6 hour ago
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news /
As one in six women on the Forbes power list comes from tech, Louisa Peacock suggests you no longer have to be part of society's elite to be one of the most influential.
6 hour ago
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money.cnn.com
The International Monetary Fund tells U.K. to increase spending on infrastructure and cut some corporate taxes to shore up its fragile economic recovery.
5 hour ago
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SmartMoney.com
Commentary: Good luck with this one, Marissa Mayer.
RELATED STORIES:
- Mayer: Tumblr Will Stay Independent - CNBC
- Memo to Mayer: 7 things so you don't 'screw up' Tumblr - USATODAY.com Money News
- Yahoo buys Tumblr for $1.1 billion - CNNMoney.com
