Business

Photo

Bernanke says more progress needed before stimulus pullback

WASHINGTON - The Federal Reserve's monetary stimulus is helping the economy recover but the central bank needs to see further signs of traction before taking its foot off the gas, Fed Chairman Ben Bernanke said on Wednesday. | Video

Recent Business News

Delta will wait for new planes to prove themselves: CEO

- U.S. carrier Delta Air Lines will watch the wave of orders for the latest Airbus and Boeing planes roll on by and wait for the jets to prove themselves before ordering any, its chief executive told Reuters on Wednesday.

2:16pm EDT

Delta Airlines wants to stop Ex-Im help on big jets

- Delta Air Lines Inc wants the U.S. Export-Import Bank to stop helping state-owned foreign airlines buy wide-body jets from Boeing Co , and would be willing to forgo such support for its own purchases if all such subsidies were eliminated, its chief executive said on Wednesday.

2:53pm EDT

Fed officials want more progress before bond tapering: minutes

WASHINGTON - Many Federal Reserve officials earlier this month wanted to see more evidence that the economy was recovering before shifting toward a tapering of their bond purchase program, the Fed said on Wednesday.

3:13pm EDT

Dish uses national security ads to fight SoftBank deal

- Dish Network Corp has rolled out an advertising campaign suggesting a deal by a Japanese company to acquire Sprint Nextel Corp could threaten U.S. national security, hoping to sway lawmakers and win support for its rival offer.

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors
Stock Search
DOW 15,276.76 -110.82 -0.72%
S&P 500 1,650.31 -18.85 -1.13%
NASDAQ 3,449.37 -52.75 -1.51%
TR US Index 151.47 +0.24 +0.16%
EUR/USD 1.2914 +0.08%
GBP/USD 1.5038 -0.75%
USD/JPY 102.98 +0.50%
Gold 1,370.90 -10.20 -0.74%
Oil 94.16 -2.02 -2.10%
Corn 658.00 +18.00 +2.81%

Trending Tickers