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The Top News
3:25 PM - Wednesday, May 22, 2013
7 hour ago
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FOXBusiness.com
While there was no consensus among Federal Reserve officials on when the central bank could begin to slow down asset purchases, a "number" of central bank officials were willing to taper as soon as their next meeting in June, according to the m . . .
3 hour ago
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CNNMoney.com
Tesla Motors announced Wednesday that it has repaid a $465 million loan from the government nearly a decade before it was scheduled to do so.
RELATED STORIES:
- Electric carmaker Tesla pays off U.S. loan - FOXBusiness.com
9 hour ago
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news
The FTSE neared its highest ever level and US stocks briefly entered record territory as US Federal Reserve chairman Ben Bernanke said it would not slam the brakes on quantitative easing any time soon.
RELATED STORIES:
- Bernanke says more progress needed before stimulus pullback - Yahoo! News: Business News
- Stocks rise on Fed stimulus hopes, home sales - Yahoo! News: Business News
3 hour ago
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Minyanville
Today was very intense due to the overnight policy decision from the Bank of Japan Bernanke's testimony to the Congressional Joint Economic Committee and the minutes from the May FOMC meeting. Existing home sales for April rose to an annual . . .
6 hour ago
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WSJ.com
Bernanke said the Fed could begin winding down its bond-buying program at one of its "next few meetings" if the economy continues to improve, but warned that a step down won't mean the Fed has started a one-way march to the exit.
RELATED STORIES:
- Bernanke Speaks, Stocks Rock On - forbes.com / Scott Redler
- US markets fall on Bernanke's mixed messages - news / Katherine Rushton
- U.S. dollar extends losses as Bernanke speaks - MarketWatch.com
8 hour ago
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MarketWatch.com
European stock markets erase earlier losses in afternoon action, after Fed Chairman Bernanke calms fears that the central bank will soon fade out its easing program.
RELATED STORIES:
- Indications: Stock futures edge up ahead of Bernanke, data - MarketWatch.com
- Bernanke's 'Figure Eight' on Ending QE - CNBC
- Investors edgy ahead of Bernanke testimony - Yahoo! News: Business News
6 hour ago
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on The Huffington Post
BELMAR, N.J. — New Jersey Gov. Chris Christie, whose own state was beset first by a major storm last year and then by squabbling in Congress over disaster aid, said Wednesday that Oklahoma's tornado victims deserve "swift and immediate" help an . . .
RELATED STORIES:
- Cost of Oklahoma tornado seen topping $2 billion - MarketWatch.com
- BEFORE/AFTER PHOTOS: Oklahoma Tornado Destruction - on The Huffington Post
- Killer Tornado: Scenes From Oklahoma - CNBC
6 hour ago
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on The Huffington Post
WASHINGTON, May 22 (Reuters) - The city of South Miami, Florida, defrauded investors by not disclosing problems with the tax-exempt status of two conduit bond deals that were used to finance a mixed-use retail and parking structure, the U.S. . . .
3 hour ago
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Yahoo! News: Business News
By Deepa Seetharaman and Norihiko Shirouzu DETROIT/TOKYO (Reuters) - A team including former General Motors Co executive Bob Lutz and China's largest parts maker is looking to buy Fisker Automotive for $20 million, a fraction of the "green" car . . .
7 hour ago
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from Seeking Alpha
By Mark J. Perry: Here are some highlights of today's report on April existing-home sales from the National Association of Realtors (NAR): 1. For the month of April, existing-home sales (at 4.97 million on a seasonally adjusted annual rate) we . . .
10 hour ago
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CNBC
"I have not done anything wrong," asserts IRS official Lois Lerner, invoking her Fifth Amendment right, refusing to answer questions about her involvement in the improper targeting of conservative groups by the IRS.
RELATED STORIES:
- IRS official refuses to answer questions at scandal hearing - Reuters
- IRS official to take the 5th at hearing - deseretnews.com
6 hour ago
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Washington Post /
On the Internet, words never die. Abercrombie & Fitch's CEO Mike Jeffries learned that the hard way in recent weeks as the company's brand has been battered online and on television for comments he made seven years ago. Read full article >>
7 hour ago
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Reuters
WASHINGTON (Reuters) - Home resales rose in April to the highest level in nearly 3-1/2 years and prices surged, offering the economy a buffer from the stiff headwinds posed by belt-tightening by Washington.
RELATED STORIES:
- Home sales continue to climb - money.cnn.com
3 hour ago
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Yahoo! News: Business News
By Poornima Gupta SAN FRANCISCO (Reuters) - Hewlett-Packard Co raised its 2013 earnings outlook after beating low expectations, as CEO Meg Whitman's turnaround plan helped to shore up profits and offset shrinking personal computer sales with en . . .
3 hour ago
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MarketWatch.com
Hewlett-Packard Co.reported a steep sales drop in its personal computer business. But the tech giant managed to keep the business profitable, likely by taking the opposite tact of rival Dell: It appears to have refrained from huge price cuts, a . . .
5 hour ago
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Washington Post /
For any avid readers who have read our coverage of the fluoride wars, we now have results on the latest battle: Portland has rejected fluoridated water by a 20-point margin, with 60 percent of voters against and 40 percent in favor. Read full . . .
4 hour ago
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WSJ.com
France's Carrefour said it is selling its 25% stake in a Middle Eastern joint venture to local partner Majid Al Futtaim Holding for €530 million ($686 million).
3 hour ago
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on The Huffington Post
FRANKFURT (Reuters) - German software company SAP is looking to recruit people with autism as programmers and product testers, drawing on skills that can include a close attention to detail and an ability to solve complex problems. . . .
9 hour ago
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CNBC
Clearwire board wants shareholders to accept a richer buyout offer made by Sprint.
3 hour ago
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CNNMoney.com
Read full story for latest details.
