WASHINGTON - Federal Reserve Chair Janet Yellen said high equity valuations could pose danger, but that stability risks across the U.S. financial system remained in check. Full Article
- U.S. stocks were lower in early afternoon trading on Wednesday after a triple whammy of a pullback in energy stocks, weak jobs data and Janet Yellen's comment that equity valuations are "generally quite high".
Port of dreams and despair
Sir Elton John appears before congress to testify in support of a global-health fund that fights diseases like AIDS, saying "we cannot afford to let the window close." Rough Cut (no reporter narration).