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The Top News
10:25 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
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- Bernanke's 'Figure Eight' on Ending QE - CNBC
5 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.
4 hour ago
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Reuters
WASHINGTON (Reuters) - The Internal Revenue Service official at the center of a tax scandal about extra scrutiny of conservative groups told a congressional hearing on Wednesday she had done nothing wrong but asserted her constitutional right n . . .
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- IRS official refuses to testify in Tea Party probe - USATODAY.com Money News
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- IRS Will Be Audited Yet Again - Reason Magazine / Scott Shackford
5 hour ago
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Yahoo! News: Business News
NEW YORK (Reuters) - Clearwire Corp said its special committee and its board of directors approved Sprint Nextel Corp's sweetened offer to take over the company and advised shareholders to vote for the deal. Wireless service provider Clearwire . . .
5 hour ago
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money.cnn.com
Royal Bank of Scotland and Lloyds won't need to tap investors or taxpayers for new funds to bolster their financial strength as they prepare for return to the private sector.
RELATED STORIES:
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.
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- Bernanke to Congress: Seriously, guys, what are you doing? - Washington Post / Neil Irwin
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- Bernanke to Deliver Dovish Message - CNBC
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:
- Official Claims Treasury Had No Role In Big Scandal - on The Huffington Post
10 hour ago
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The Guardian
Microsoft gives customers their first look at its Xbox One, which carries extra features such as television, Skype calling and heartbeat measuring
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- Eight Reasons To Buy Microsoft's New Xbox One - forbes.com / Nigam Arora
- First Round Of Xbox One Vs. PS4 Goes To Microsoft - forbes.com / Dave Thier
- Microsoft's New 'Xbox One' Can Measure Heart Rate - forbes.com / Dan Munro
5 hour ago
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FOXBusiness.com
Below are highlights of Federal Reserve Chairman Ben Bernanke's prepared testimony on the U.S. economy to the congressional Joint Economic Committee on Wednesday.
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- Bernanke Testimony Keeps Traders Guessing - forbes.com / Dean Popplewell
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- Investors edgy ahead of Bernanke testimony - Yahoo! News: Business News
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
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.
5 hour ago
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WSJ.com
The housing market continued its rebound last month, with sales of previously owned homes reaching the highest level in more than three years and a shrinking share of foreclosures purchased.
RELATED STORIES:
- Home sales continue to climb - CNNMoney.com
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 . . .
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- U.S. dollar extends losses as Bernanke speaks - MarketWatch.com
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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.
4 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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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.
4 hour ago
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CNNMoney.com
Read full story for latest details.
RELATED STORIES:
- U.S. stocks, gold recoil after Bernanke bond talk - MarketWatch.com
- Markets Dance As Bernanke 'Makes It Rain' - from Seeking Alpha / Keith Springer
- Bernanke: No rate hike soon - money.cnn.com
7 hour ago
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Yahoo! News: Business News
NEW YORK (AP) — 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.
10 hour ago
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Money Supply blog on central banks
Chief executive Kazuo Hirai says no timetable has been set for a response to suggestions the Japanese group is to sell off part of its film and music arm
RELATED STORIES:
- Sony surges on spin off talk - CNNMoney.com
- Spinoff Proposal Talk Sends Sony Shares Higher - CNBC
