Latest US Business News
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Fed May Keep Options Open on Easing
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. Economic data since the 19 officials met in May has been mixed. Employment growth was steady and consumers kept spending despite the drag of tax ...
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Bond investors bracing for Bernanke
During the week ended June 12, investors pulled a record $14.45 billion out of bond funds and $8.5 billion out of equity funds, according to EPFR, a global fund flows and allocations data ...
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Men are disappearing from the workforce
In the 1950s, nearly every man in his prime working years was in the labor force, a category that includes both those who are employed and those actively applying for jobs. The "participation rate" for men ages 25 to 54 stood at 97.7% in early 1956, but drifted downward to a post-war record low of 88.4% at the end of 2012. (It ticked up very slightly at the start of this year to ...
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TaxWatch Quiz Are you smarter than a tax pro
That's nearly 40% of all tax returns filed. Yet, 70% of the American taxpaying population is eligible to file their federal return online for free, according to ...
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Metals Stocks Gold treads water as Bernanke update nears
MADRID (MarketWatch) -- Gold were largely flat Wednesday, remaining near one-month lows as the market braced for a possible indication by the U.S. Federal Reserve that it will pull back the pace of monetary ...
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Indications Stock futures flatten on jitters ahead of Fed
MADRID (MarketWatch) -- U.S. stock market futures pulled back to flat from earlier gains on Wednesday as markets awaited the main event: a monetary-policy decision from the Federal Open Market Committee, with a press conference to follow from Federal Reserve Chairman Ben ...
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John Shinals Tech Investor Silicon Valley should fight for open Internet
The technology industry has a habit of turning over existing Internet business models as users grow more sophisticated, and better technology broadens the scope and richness of online ...
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HTCs new 5-inch Butterfly S phone takes wing
HTC has unveiled the Butterfly S at a press conference close to Taipei. The electronics maker's latest flagship model has now officially launched in Taiwan. ...
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49 iPhone games that would rock with a controller
even encouraging the use of game controller hardware that will finally bring physical buttons to iPhones, iPods and iPads. This has been done before, of course, but not with Apple backing those efforts. Companies like ION Audio ...
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Santas and Burning Man and bridge climbing oh my
Although the police sometimes thought Cacophony Society members like John Law, left, were up to no good, Law and his fellow Santas were usually just trying to help people enjoy life more. A new book, 'Tales of the San Francisco Cacophony Society' aims to help people understand the influence of the group on modern digital ...
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Oil rises near $99 a barrel before Bernanke speaks
Benchmark oil for July delivery rose 48 cents to $98.92 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose 67 cents to close at $98.44 a barrel on the Nymex on ...
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Why Mideast Monarchies Survive
a civil war that has claimed 93,000 lives and created millions of refugees in order to stay in power. Modernizing officer corps have bitten the desert dust; antiquated dynasties have held on, at least so far. Why? It's legitimacy, stupid! The fact is, monarchs are identified with their states to a degree that the officers and the dark-suited security heavies are not. Tunisia is an ...
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Apples iPhone Password Security Broken In 24 Seconds
's security on certain iPhone functions. It appears that they've constructed their random password generator in a non-random manner and using a terribly small database of words to non-randomly choose from. The net effect of this is that under certain conditions, for certain functions, the passwords can be cracked in only 24 seconds. This really isn't long enough in this day and ...
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Mengniu Purchase Leaves China Infant Formula Family With More Than $800 Mln
International for $1.6 billion would leave an investment company owned by Yashili's founding Zhang family worth more than $800 million. Chairman Zhang Lidian and his family control Zhang International, which holds a 52% stake in Yashili. Four directors - Zhang Likun, Zhang Liming, Zhang Lidian and Zhang Libo - each own 18% of Zhang International. Mengniu, which has been criticized for ...
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Chinas Wanda Invests $1 Billion To Launch Hotel Brand In London
Chairman Wang Jianlin Wanda Group, a real-estate conglomerate with global ambitions, has a string of swish hotels in China. Now it plans to add a 160-room luxury hotel in London as part of a £700 million ($1.08 billion) twin-tower residential project acquired from Ireland's Green Property. The Irish developer ...
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Business majors most likely to be underemployed report finds
While underemployment is an issue facing many graduates, those who major in business administration and management, criminal justice, drama, English and psychology, are more likely to work in jobs they are overqualified for, according to a report released Tuesday by career web site ...
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I will graduate with $100000 in loans
student loans, as interest rates are set to double to 6.8% from 3.4% on July 1. "It just seems to be a part of the growing American experience to go to school, graduate and work off that debt for the rest of your life," Mears ...
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U.S. oil boom helps thwart OPEC
Surging U.S. oil production and greater energy conservation are helping keep a lid on oil prices worldwide and may be limiting the sway OPEC holds over world ...
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Raising the next Bill Gates
web developers can make $30 an hour without even having a degree. Broach, who's read that there's a lack of computer scientists coming out of college, wants Marlon to have the chance to learn as much about programming as a child, but in a fun way. "I don't want him to be a vegetable staring at a screen," she said. "Some of the kids at Pixel could be the next David ...
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7 candidates to succeed Bernanke at Fed
President Obama gave the clearest indication yet that Fed Chairman Ben Bernanke won't serve again after his term ends in January. In an interview this ...
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Outside the Box Is Netflix the next HBO
Netflix Inc. and rivals like Amazon.com Inc. and Google Inc. are proving once again that the future of entertainment is not cable ...
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Elizabeth OBriens Retire Well Retirement communities Read the contract
Most people consider a move to a continuing care retirement community to be their last move. After all, the whole point of these facilities is they can accommodate older people on one campus as they age, progressing from independent through assisted living, and on to skilled nursing ...
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London Markets Oil firms banks bruise FTSE 100
LONDON (MarketWatch) -- Banks dropped in London on Wednesday after a commission called for sanctions for bad bankers, while oil firms on the decline put further pressure on the U.K. ...
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Slide Show 10 apps that could save your life
USA.gov, the federal government's portal to all things governmental, offers a mobile app gallery that features a range of apps related to education, travel, business, job searching and health. Some of these apps can give you real-time emergency information, get you out of trouble in a tight spot, help you avoid sickness and untimely death, quit smoking, or just check up on the safety record ...
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Rex Nutting 7 charts that tell the Fed not to taper QE3
Fed chief Ben Bernanke has said he's encouraged by the decline in the unemployment rate, but he also emphasizes that the job market remains very weak. The Fed is committed to keeping interest rates very low until the jobless rate is sustainably below ...
Rhode Island Featured
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Rhode Island offshore wind farm contraversey
There is division in the ranks over a wind farm planned for construction off Block Island, while officials in the state government have accused future surveys for potential new sites of lacking in scope.
Deepwater Wind is becoming a controversial name in Rhode Island over plans to build an off shore wind farm just off the coast of Rhode Island. While not as controversial as Deepwater Horizon, the BP oil rig that caused the mess in the Gulf of Mexico, the renewable energy plans of Deepwater Wind are certainly raising some hackles. Read more
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