- Fed chief Yellen says US families need to save more
She cites a Fed survey's finding that an unexpected expense of just $400 would force most American families to borrow money, sell something or simply not pay because they don't have enough stashed away.
- Dow, S&P hit records on Fed optimism, jobs data
- Fed keeps rates low, but brace for the inevitable
- Scotland vote puts the fate of UK on a knife-edge
- Alibaba to price IPO shares amid investor frenzy
- Plan for Alibaba: Today China, tomorrow the world
- Wal-Mart plans to increase holiday hiring by 10%
- Weekly jobs report points to firming labor market
- Housing starts fall, but prior month's revised up
- Pepsi latest NFL sponsor to voice abuse concern
- Apple iPhone 6 still needs sales license in China
- It's time to clean up cluttered investment portfolio
- Beware the perils of post-retirement investing
Strong job and housing markets, safe neighborhoods and low property taxes, among other desirable traits, make these places stand out.
- Financials rise on interest rate expectations11:00 AM ET | Reuters
- U.S. jobless claims data point to firming labor market11:09 AM ET | Reuters
- Alibaba set to price IPO shares amid investor frenzy5:16 AM ET | Reuters
- GM recalling natural gas-powered vans due to possible leak10:26 AM ET | Reuters
- Alibaba cash could fund small spending spree at Yahoo7:07 AM ET | Reuters
- U.S. job creation in year through March revised up 7,00010:20 AM ET | Reuters
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[BRIEFING.COM] Equity indices remain near their best levels of the session. The S&P 500 trades higher by 0.4%, while the Nasdaq Composite (+0.5%) displays relative strength.
The Nasdaq has received significant support from tech stocks, which have been able to overshadow the underperformance of biotechnology. Top-weighted sector components like Apple (AAPL 102.12, +0.54), SAP (SAP 77.19, +0.67), and Qualcomm (QCOM 76.32, +0.49) display gains between 0.5% and 0.9%, ... More
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