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Stocks struggle for a second day as oil prices jump and BofA's dividend request is rejected
AP Business WriterNEW YORK (AP) — Stocks turned mixed Wednesday after the Federal Reserve rejected Bank of America's plan to increase its dividend and the Japanese government said that the recent earthquake and tsunami will be the most expensive natural disaster in...Tags: General Mills Incorporated, Shareholders, Lifestyle and Leisure, Commodity Markets, Bank of America Corp.
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Dollar muscles up on Bernanke comments; Aussie under pressure
ReutersTOKYO/SYDNEY (Reuters) - The dollar bounded up to a three-year high against a basket of major currencies in Asia on Thursday, squeezed higher after Treasury yields jumped on the prospect that the Federal Reserve might scale back its stimulus program...Tags: Mario Draghi, European Central Bank, CNBC (tv network), Land Price, Politics
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Average U.S. 401(k) balance tops $80,000, up 75 pct since 2009
ReutersBOSTON, May 23 (Reuters) - The average 401(k) retirement balance for U.S. workers hit a record high of $80,900 in the first quarter, a growth spurt of 75 percent since the stock market's nadir in March 2009, Fidelity Investments said on Thursday based...Tags: Career and Workplace, Employees, 401K, Stock Market
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Average U.S. 401(k) balance tops $80,000, up 75 percent since 2009
ReutersBOSTON (Reuters) - The average 401(k) retirement balance for U.S. workers hit a record high of $80,900 in the first quarter, a growth spurt of 75 percent since the stock market's nadir in March 2009, Fidelity Investments said on Thursday based on a survey...Tags: Career and Workplace, 401K, Employees, Stock Market
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US STOCKS SNAPSHOT-Wall St extends losses, S&P down 1 pct
ReutersNEW YORK, May 22 (Reuters) - U.S. stocks extended their decline on Wednesday, with the S&P 500 falling 1 percent following remarks by Federal Reserve Chairman Ben Bernanke which suggested the central bank was not ready to pull back on its economic...Tags: Stock Activities, Nasdaq Composite, Federal Reserve, Financial Markets, Ben Bernanke
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WRAPUP 4-Bernanke says more progress needed before stimulus pullback
Reuters* Bernanke touts benefits of Fed bond buying * Says end to purchases will depend on economy * Could trim bond buys at one of the "next few meetings" * If anything, "inflation is too low," Bernanke says By Pedro da Costa and Alister Bull WASHINGTON,...Tags: Energy, Productivity, Career and Workplace, Money and Monetary Policy, Inflation and Deflation
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US STOCKS SNAPSHOT - Wall St ends lower after Fed minutes
ReutersNEW YORK, May 22 (Reuters) - U.S. stocks fell on Wednesday after minutes from the latest U.S. Federal Reserve meeting showed some officials were open to tapering large-scale asset purchases as early as at the June meeting. Based on the latest available...Tags: NASDAQ, Microsoft Corporation, Stock Activities, Nasdaq Composite, Federal Reserve
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Wall St cierra con caídas tras minutas de la Fed
ReutersNUEVA YORK, 22 mayo (Reuters) - Las acciones cerraron en baja el miércoles en la bolsa de Nueva York, tras minutas correspondientes a la última reunión de la Reserva Federal que mostraron que algunos de sus miembros se manifestaron abiertos a reducir...Tags: Nasdaq Composite, Financial Markets
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U.S.-based municipal bond funds gained $602 mln in latest week -ICI
ReutersBy Sam Forgione NEW YORK, May 22 (Reuters) - Investors in mutual funds based in the United States committed $602 million to municipal bond funds in the latest week, the most since mid-February, according to data released by the Investment Company...Tags: Personal Finance, Mutual Funds, Bank of America Corp., Google Inc., Bonds
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U.S.-based municipal bond funds gained $602 million in latest week - ICI
ReutersNEW YORK (Reuters) - Investors in mutual funds based in the United States committed $602 million to municipal bond funds in the latest week, the most since mid-February, according to data released by the Investment Company Institute on Wednesday. The...Tags: Personal Finance, Mutual Funds, Bank of America Corp., Google Inc., Bonds
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GLOBAL MARKETS-Stocks, oil fall after Bernanke; dollar gains
Reuters* Investors focus on possible tapering of Fed's bond buying * Dollar index up, Treasuries fall * U.S. stocks turn lower, S&P 500 comes off high * Crude oil tumbles after jump in supplies By Ryan Vlastelica NEW YORK, May 22 (Reuters) - Stocks, bonds...Tags: Foreign Exchange Market, Nikkei, Money and Monetary Policy, Nasdaq Composite, Japan
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PIMCO's Gross says US Fed likely to ease stimulus in Sept -CNBC
ReutersNEW YORK, May 22 (Reuters) - Bill Gross, co-chief investment officer of bond giant PIMCO, said on Wednesday the U.S. Federal Reserve will likely begin tapering its monetary stimulus in September and that bond investors might have already anticipated the...Tags: Satellite and Cable Service, CNBC (tv network), Television Industry, U.S. Congress, Television Networks
Mar 23, 2011
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May 22, 2013
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