(Reuters) - U.S. stocks ended weaker on Wednesday after U.S. Federal Reserve Chair Janet Yellen warned of high valuations, adding to anxiety about future interest rates and a global bond rout.
(Reuters) - Investors wary of Federal Reserve chairs warning about overvalued stock markets need not fret: Such remarks tend not to have a lasting effect.
The latest speculation now centers around Microsoft acquiring Salesforce to boost its cloud offerings. Salesforce is the No. 1 provider of customer relationship management software that helps companies improve their work with customers and vendors.
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Private employers in the United States added in April the smallest monthly number of workers in more than a year. And, in another report, the Labor Department found that nonfarm productivity fell in the first quarter as harsh winter weather depressed output.