Business
Fed seen keeping options open on pace of bond buying
WASHINGTON - Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion, while keeping their options open to scale back the program later this year if the U.S. labor market continues to improve.
- Asian markets tense before Fed; Nikkei outperforms
- Dish abandons Sprint bid for now to focus on Clearwire
- Asia business sentiment rises in second quarter, global growth risk still dominates
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- Vodafone raises Kabel Deutschland offer after rival bid: report
- Mexican oil producer Pemex evacuates headquarters after bomb threat
Recent Business News
Empire State Building gets 'left-field' $2 billion offer to sell
NEW YORK - A New York City real estate company offered to buy the Empire State Building for $2 billion, a written offer showed, significantly below the skyscraper's appraisal price and about three weeks after investors in the iconic building approved a plan to take the tower public in a real-estate investment trust.
Adobe expects third-quarter Creative Cloud subscriber adds to exceed second-quarter
- Adobe Systems Inc, known for its Photoshop and Acrobat software, reported a higher-than-expected adjusted second-quarter profit and said demand rose for Creative Cloud, the subscription-based version of its flagship software package.
Kodak prepares $406 million offering as it eyes bankruptcy exit
- Eastman Kodak Co on Tuesday said it will seek court approval for a $406 million rights offering that could give creditors a big equity stake in the company after it emerges from Chapter 11 bankruptcy protection.
Wall St. extends rise, investors see no change in Fed policy
NEW YORK - Stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper statements which were interpreted to mean a sooner-than-expected winding down of stimulus efforts. | Video
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 15,318.23 | +0.91% | |
| S&P 500 | 1,651.81 | +0.78% | |
| NASDAQ | 3,482.18 | +0.87% | |
| TR US Index | 149.80 | +0.79% |
Sector Summary
| Energy | |
| Basic Materials | |
| Industrials | |
| Cyclical Goods & Services | |
| Non-Cyclical Goods & Services | |
| Financials | |
| Healthcare | |
| Technology | |
| Telecoms | |
| Utilities |


