Fed Keeps ‘Considerable Time’ Pledge as Growth Is ‘Moderate’
The Federal Reserve maintained a commitment to keep interest rates near zero for a “considerable time” after asset purchases are completed.
How to Join 9,000 Taxpayers With Romney-Sized IRAs
If it seems impossible to amass a fortune in an IRA during your lifetime, think again.
Record S&P Masks Pain as 47% of Nasdaq Mired in Bear Market
Beneath the U.S. stock market’s record-setting gains, trouble is stirring.
Morgan Stanley Channels Weird Al to Raise Stock Market Forecast
In a report that reads as if Weird Al Yankovic had become a market strategist, Morgan Stanley announces an increase in its 12-month S&P forecast.
European Stocks Rise With Bonds as Euro Slips on ECB Stimulus
The European Central Bank unexpectedly cut interest rates and announced a bond-buying program.
Yellen Still Sees ‘Significant’ Under-Use of Labor Resources
Federal Reserve Chair Janet Yellen said slack remains in the U.S. labor market even after gains made during the five years of economic recovery.
Berkshire Rises Past $200,000, Extending Buffett’s Record
Berkshire Hathaway Inc. traded above $200,000 for the first time, further validating Chairman Warren Buffett’s decades-long bet on the U.S. economy.
Dow Erases 2014 Gain Amid Global Selloff as Exxon Tumbles
U.S. stocks joined a global selloff, erasing the year’s gains in the Dow Jones Industrial Average, as Exxon Mobil to Micron Technology tumbled amid weaker corporate results.
Fed Sees Labor-Market Slack Even as It Trims Bond Purchases
“A range of labor-market indicators suggests that there remains significant underutilization of labor resources,” the FOMC said today.
U.S. Stocks Fluctuate With Treasuries on Fed Comments; Oil Drops
U.S. stocks fell as the Fed said valuations for smaller companies in social media and biotech appear “substantially stretched.”