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U.S. markets news

Yellen Sees Muted Inflation as Unemployed Keep Wage Press
Janet Yellen is eyeballing wages for signs of inflationary pressure. She doesn't see any so far. �Wage gains continue to proceed at a historically slow pace in this recovery, with few signs of a broad-based acceleration,� the Federal Reserve chair said in a ...
India Morning Call-Global Markets  Reuters
Yellen Says Job Weakness Forestalls Raising Rates  New York Times
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Google earnings focus on the search and ads that actually pay the bills
With all the modular phone concepts, balloon internet projects, robots and drones it can be easy to forget Google's main business angle: search and advertising.
Earnings and Sales From Google Disappoint  New York Times
UPDATE 3-Google misses revenue target, ad prices slide  Reuters
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U.S. stocks rise on Yahoo earnings, data; Dow gains 1.00% - U.S. stocks rose on Wednesday after Internet giant Yahoo! Inc (NASDAQ:YHOO) reported first-quarter earnings that beat expectations and ended a selloff in the tech sector, while an upbeat U.S.
US Stocks Close Higher for Third Day in a Row  ABC News
Wall Street gains on Yellen comments and Yahoo; BofA falls  Reuters India
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Leash on expenses helps AmEx counter muted user spending
(Reuters) - American Express Co's (AXP.N) quarterly profit beat analysts' average estimate as a tighter control on expenses helped make up for slower growth in consumer spending in its key U.S.
AmEx Posts Mixed 1Q Results  Fox Business
AmEx posts higher 1Q profit as spending picks up
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ComEd Files Rate Request to Support SmartGrid System
�Today, Commonwealth Edison asked for a $275 million rate hike to pay for upgrades to its power grid. These improvements, if done right, should pay for themselves in the long run, but the key moving forward is to hold ComEd accountable.
ComEd seeks rate hike to help pay for Smart Grid  Journal Gazette and Times-Courier
ComEd Requests A Rate Hike  Progress Illinois
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It's official: Yahoo's former No. 2 made a lot more than his boss
Henrique de Castro, who was fired in January as Yahoo's chief operating officer, was paid handsomely for his largely unsuccessful efforts to turn around the company's advertising business.
Is Yahoo angling to replace Google on iOS devices?  CNET
Marissa Mayer trying to persuade Apple to choose Yahoo over Google  Brisbane Times
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UPDATE 1-Weibo valued at $3.46 bln after bottom-end IPO pricing
... �. * IPO priced at $17/ADS. * Sold 16.8 million ADSs, raising $285.6 mln. * Originally planned to sell 20 mln ADSs at $17-$19/shr (Adds IPO details, background).
Weibo-'Twitter of China'- prices IPO at bottom of range
China's Weibo sets IPO share price low at $17 per share  CNET
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Obamacare effects are bigger than expected, poll finds
WASHINGTON - President Obama's health law has led to an even greater increase in health coverage than previously estimated, according to new Gallup survey data, which suggests that about 12 million previously uninsured Americans have gained ...
Obamacare Helped Up to 10 Million Get Insurance, Gallup Finds
Newly Insured in 2014 Represent About 4% of US Adults
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NY Attorney General Sends Subpoenas to High-Speed Firms
WASHINGTON�New York Attorney General Eric Schneiderman's office sent a first wave of subpoenas to more than a half-dozen high-frequency trading firms in an investigation into whether some of the firms have an unfair advantage over other trading outfits ...
NY attorney-general subpoenas high-frequency traders  Financial Times
New York prosecutor probes high-speed trading -source  Reuters India
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Legal costs hit Bank of America's bottom line
Bank of America reported a quarterly loss Wednesday as legal costs hit the bank's bottom line. It's another reminder that the tentacles of the financial crisis are still squeezing Wall Street.
Bank of America's financial crisis costs become a recurring nightmare  GlobalPost
Bank of America loses money in first quarter after settlement  News & Observer
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