After Market: Yellen Talks of Frothiness, Stocks Head Downward
Filed under: Earnings, Market News, Federal Reserve Wall Street was on a see-saw Tuesday as it weighed strong bank earnings against words of caution from the Fed. Janet Yellen rattled the markets with...
View ArticleThe 7 Biggest Money Mistakes 40-Somethings Make
Filed under: Personal Finance, College Savings Plans, Home Loans, Life Insurance, Financial EducationAre you experiencing a midlife financial crisis? We spend a lot of time thinking about our financial...
View ArticleCorporate America's Earnings Season Gets Off to Bad Start
Filed under: Earnings, Retail, Market News, Rumors, Wall Street Watch greg.brock/Flickr This was supposed to be the quarter that showed that the economy had bounced back. Winter snowstorms held back...
View ArticleTop 7 Retirement Milestones You Need to Know
Filed under: Family Money, Personal Finance, Retirement Living, Retirement Plans, Financial Education Getty ImagesYou can't turn back the clock, but you can prepare for your retirement future. By Kelly...
View ArticleNo Longer Niche, Local Foods Becoming Big Business
Filed under: Saving Matt Rourke/AP By MARY CLARE JALONICK PHILADELPHIA -- Once a niche business, locally grown foods aren't just for farmers markets anymore. A growing network of companies and...
View ArticleApple, IBM Team Up in Bid to Dominate Biz Computing
Filed under: Company News, Technology, IBM, Apple, Computer Industry CNBC/AOLApple CEO Tim Cook and IBM CEO Virginia Rometty appeared on CNBC on Tuesday to announce the partnership agreement. By Matt...
View ArticleBank of America Earnings Hit by $4 Billion Litigation Charge
Filed under: Bank of America, Earnings, Banks, Scandals and Lawsuits Frederic J. Brown, AFP/Getty Images By STEVE ROTHWELL NEW YORK -- Bank of America (BAC) said Wednesday that its second-quarter...
View ArticleProducer Prices Rise More Than Forecast in June
Filed under: Economic Indicators, GDP, Inflation, Manufacturing Tony Dejak/AP By Lucia Mutikani WASHINGTON -- U.S. producer prices rose more than expected in June with gains across most categories,...
View ArticleMove Over Juan Valdez: Starbucks Opens in Colombia
Filed under: Starbucks, Retail, Consumer Goods, Food & Beverage, This Built America Guillermo Legaria, AFP/Getty ImagesAn employee of the Juan Valdez Origin boutique store in Bogata, Colombia,...
View ArticleMoney Minute: Apple, IBM Team Up to Boost Business Apps
Filed under: Technology, Media, Market News, Computer Industry, Drug Companies They say the passage of time heals all wounds. Well, two one-time rivals are now joining forces to boost both of their...
View ArticleLabor Department Shows Inflation Uptick in Producer Prices
Filed under: EconomyThe U.S. Labor Department released its Producer Price Index (PPI) for final demand for the month of June on Wednesday morning. We were worried that wholesale inflation would be...
View ArticleFactory Output Rises for Fifth Straight Month
Filed under: Economic Indicators, Industrial, Manufacturing, Mining & Drilling, Public Utilities Paul Sancya/AP By CHRISTOPHER S. RUGABER WASHINGTON -- U.S. factory output increased for the fifth...
View ArticleHomebuilder Confidence Surges on Stronger Sales
Filed under: Mortgages, Real Estate, Housing Market, Materials & Construction, Home Buying Joe Raedle/Getty Images By ALEX VEIGA U.S. homebuilders' confidence in the housing market surged this...
View ArticleIndustrial Production Softening, Capacity Galore
Filed under: EconomyWednesday's economic reporting included industrial production and capacity utilization data for the month of June. It turns out that production was muted, and capacity remains...
View ArticleTime Warner Rebuffs Fox Bid, but Murdoch Won't Give Up
Filed under: Media, Mergers & Acquisitions, Entertainment Industry, Entrepreneurs, This Built America Scott Eells/Bloomberg via Getty ImagesNews Corp. Chairman Rupert Murdoch By Soyoung Kim and...
View ArticleWhy I Choose to Not Be Rich
Filed under: Cost of Living, Global Economy, People Getty Images By Paul Fowler In its Money Mic series, LearnVest hands over the podium to people with controversial views about money. Today, one man...
View ArticleFed: Skilled Workers in Short Supply as Economy Expands
Filed under: Economic Indicators, Housing Market, Economic Recovery, Job Market, Federal Reserve Pablo Martinez Monsivais/APFederal Reserve Chair Janet Yellen in testimony Wednesday before the House...
View ArticleFederal Reserve Beige Book Indicates Growth Trajectory Nationwide
Filed under: EconomyThe Federal Reserve has released its latest installment of the so-called Beige Book. The Fed is getting yet another chance to move the market with data that should have already been...
View ArticleHang On, LeBron Fans: A King James Roller Coaster's Coming
Filed under: Company News, Advertising & Marketing, Entertainment Industry, Sports Lori Shepler/AP A financial windfall will accompany LeBron James when he returns to northeastern Ohio. Following...
View ArticleAfter Market: A Golden Beige Book Lifts Dow to New Record
Filed under: Earnings, Market News, Federal Reserve, Investing Strong earnings and positive signs coming from the world's two largest economies pushed the Dow Jones industrial average to a new record...
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