NEW YORK - U.S. stocks opened higher on Friday after Scotland's vote to remain in the United Kingdom removed market uncertainty and Alibaba's strong pricing gave support to risk assets.
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WASHINGTON - Richmond Federal Reserve President Jeffrey Lacker on Friday identified himself as the lone dissenter on the Fed's so-called exit strategy, and said his opposition stemmed from the central bank's plan to keep holding mortgage-backed securities.
MILAN - A looming gas glut worldwide is prompting Japanese and Indian firms to resell to European traders and utilities big chunks of U.S. liquefied natural gas they had committed to buy several years ago, signaling tempered enthusiasm for U.S. energy.
Rate hikes are still a ways out: that was the message from Janet Yellen and the Fed yesterday after the Federal Open Market Committee's statement came out.