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U.S. markets news

Tesla to unveil new product � likely a battery � next month
DETROIT - Tesla Motors says it will reveal a new product next month, but it's not a car. CEO Elon Musk tweeted Monday that �a major new Tesla product line� will be revealed April 30.
Elon Musk tweet about 'new product line' boosts Tesla shares  MarketWatch
CEO Musk upbeat about Tesla's future in China - tweets  Reuters
Wall Street Journal  
Your prescriptions could get cheaper, thanks to Catamaran deal
The combined heft of Catamaran and OptumRx will create the third-largest pharmacy benefit manager in the nation, one that's able to drive down prices and boost competition with market leaders Express Scripts and CVS, analysts say.
Fight Over High-Cost Drugs to Intensify After Catamaran Deal  Bloomberg
UnitedHealth Buys a Pharmacy Benefits Manager, but Will Drug Prices Really ...  Wall Street Journal (blog)
Bernanke rejects charge of Fed 'throwing seniors under bus'
WASHINGTON (AP) - Ben Bernanke no longer leads the Federal Reserve, but he's hardly letting up in his defense of the ultra-low-rate policies he engineered - and his successor, Janet Yellen, has continued.
Now That Ben Bernanke Is Blogging, Here's What He Should Write About  New York Times
Bernanke: Low Rates Are the Long-Term Trend  ThinkAdvisor
U.S. stocks close higher on consumer spending, home sales
A pedestrian walks past the New York Stock Exchange on Wall Street on Aug. 8, 2011. (Credit: AP / Jin Lee). U.S. stock indexes are closing higher following encouraging news on consumer spending and home sales.
US stocks move sharply higher, led by energy companies  SFGate
US Stocks Trade Sharply Higher  Wall Street Journal
Amazon launches �Home Services� business, wants to give you drum lessons
Today Amazon officially announced Amazon Home Services, a marketplace where customers can request repair work and personal lessons from service providers in their area.
Amazon wants to be your professional service provider  VatorNews
Amazon Home Services makes hiring installation professionals a breeze  TechSpot
McDonald's Will Test Breakfast All Day at San Diego Stores
The test by McDonald's Corp., slated to begin next month, will keep hash browns, Egg McMuffins and other sandwiches on the menu beyond the standard breakfast hours.
5 mouth-watering McDonald's food hacks you could make with all-day breakfast  Fortune
Here's What Else McDonald's Should Do Besides Offer All-Day Breakfast  TheStreet.com
This man bet $100K that there's a startup bubble
NEW YORK (CNNMoney) �One man is betting $100,000 that there is -- in fact -- a tech bubble. But he's hardly an adamant bubble theorist.
This man bet $100Okay that there's a startup bubble  Las Vegas Blog (blog)
February's Pending Home Sales Hit Highest Level Since June 2013, Says NAR
The number of contracts signed to buy previously-owned homes in February hit the highest level since June 2013, thanks to big leaps in the Midwestern and Western regions, the National Association of Realtors said Monday.
NAR: Pending Home Sales Showed Modest Increase In February  Mortgageorb
Pending home sales give hopeful sign for US housing market  Reuters
Volvo Cars plans to open its first US plant
DETROIT (AP) - Volvo Cars is planning to build an assembly plant in the U.S.. The $500 million plant will be Volvo's first car plant in North America.
Volvo investing $500 million in first US plant  USA TODAY
Volvo confirms plans to build US manufacturing plant  GSA Business
Americans just aren't spending
Consumer spending is often called an engine of the United States economy. That engine may be about to blow a gasket. Consumers are sitting on their wallets.
Incomes Rise, Consumer Spending Ticks Slightly Higher In February  FOX News Radio