The good news is that a lot of people are feeling richer lately. But the news won't stay good unless incomes start to catch up.
Federal Reserve Bank of Dallas President Richard Fisher said the U.S. central bank should begin dialing back its asset purchases as soon as possible in an economy that doesn't need any more monetary stimulus.
U.S. taxpayers no longer own any of automaker General Motors. The Treasury sold the last of its remaining 31.1 million GM shares today.
NEW YORK (AP) - A big acquisition in the food industry and hopes for a longer-term budget deal out of Washington nudged stocks back into record territory Monday afternoon.
... Print. * Euro hits six-week highs vs dollar, five-year peak on yen * Euro supported by higher money market rates in euro zone * Dollar falls to 1-1/2-month low vs Swiss franc * Fed officials address taper talk ahead of meeting By Gertrude Chavez-Dreyfuss ...