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U.S. markets news

Bernanke Says Premature Fed Tightening Would Endanger Recovery
Federal Reserve Chairman Ben S. Bernanke defended the central bank's record stimulus program under questioning from lawmakers, telling them that ending it prematurely would endanger a recovery hampered by high unemployment and government ...
Fed Endorses Stimulus, but the Message Is Garbled  New York Times
Wall Street falters in volatile session on Fed worries  Reuters
Wall Street Journal   Related articles »  
Sales of Existing US Homes Climb to 2009 High: Economy
Sales of previously owned U.S. homes climbed in April to the highest level in more than three years even as the market remained constrained by a lack of inventory and strict borrowing rules.
US Home Sales Rise to Highest Level in More Than 3 Years  CNBC.com
Home sales inch up to highest level since 2009  USA TODAY
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AAA: Highways more jammed for Memorial Day weekend
Slightly more travelers are expected to drive to their getaway destinations this Memorial Day holiday weekend, AAA reports. While 31.2 million people will drive during the holiday, up 0.25% from last year, only 2.3 million will take leisure flights, down 7%.
AAA: Economy Seen Cutting US Memorial Day Holiday Travel  Wall Street Journal
US vacationers to hit road, grounded by high fares -AAA  Reuters
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Earnings Exceed Forecasts at a Diminished HP
Published: May 22, 2013. SAN FRANCISCO - The more Meg Whitman succeeds at fixing Hewlett-Packard, the bigger her challenges become.
HP Earnings: Profit Slips 32%, but Shares Surge Amid Signs of Improvement  Wall Street Journal
Analysis: HP's Whitman vows turnaround plan on track  USA TODAY
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Car Makers Rev Up Production Plans
U.S. auto makers are accelerating production lines and, in some cases, even canceling the North American industry's traditional summer factory shutdowns to meet strong demand.
Full circle: Summer shutdowns at Detroit Three scaled back, cancelled  Globe and Mail
For US auto factories, summertime isn't downtime anymore  Los Angeles Times
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Mortgage-Bond Yields Guiding Loan Rates Rise to Highest in Year
Yields on Fannie Mae and Freddie Mac mortgage bonds that guide U.S. home-loan rates climbed to the highest in almost a year as Federal Reserve Chairman Ben S. Bernanke told Congress the central bank may cut the pace of bond purchases in the �next ...
Fannie Mae, Freddie Mac 2013 bill sale calendar  Reuters
Fannie Mae Said to Sell Boom-Era CMBS to Reduce Holdings (1)  Businessweek
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Sony Board to Discuss Third Point Plan
TOKYO�Struggling Japanese conglomerate Sony Corp. said its board of directors has started preliminary discussions on what to do about a proposal from activist hedge-fund investor Daniel Loeb to take part of the company's entertainment business public.
Sony Shares Spike Following Rumors Of Entertainment Spinoff  Forbes
Sony cuts sales target for cameras, smartphones for 2014-15  Reuters
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Nobel winner: Cut student loan rates
A proposal by Sen. Elizabeth Warren, D-Mass., to reduce interest rates on student loans has one big economic backer: Nobel Prize laureate Joseph Stiglitz.
Student loan interest will double by June 1  TheJambar.com (subscription)
Budget office: Obama would veto House Republicans' student loan plan  The Republic
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Tesla Repays $465 Million Government Loan Early
The Tesla Model S on display at the North American International Auto Show in Detroit. Stan Honda/Agence France-Presse - Getty ImagesThe Tesla Model S on display at the North American International Auto Show in Detroit.
Tesla a success for federal loan program  San Francisco Chronicle
UPDATE 2-Electric carmaker Tesla pays off US loan  Reuters
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5 of top 10 highest-paid CEOs of 2012 hail from television and entertainment ...
It pays to be in TV. On the list of 10-best paid CEOs of 2012 - the exclusive club inside an already-exclusive club - half are in the entertainment and media industry, according to executive pay research firm Equilar.
AP PHOTOS: The 10 highest-paid CEOs of 2012  Montana Standard
Top 10 Highest-Paid CEOs  610kvnu
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