WASHINGTON/SAN FRANCISCO Federal Reserve Chair Janet Yellen will defend the U.S. central bank's first rate hike in a decade and likely insist that further rises this year remain on track, albeit at a slower pace, when she addresses Congress on ...
WASHINGTON U.S. job openings surged in December and the number of Americans voluntarily quitting work hit a nine-year high, pointing to labor market strength despite a slowdown in economic growth.
The grandmas are getting restless -- along with all investors who would like to stash some money on the sidelines for safety, but suddenly realize that cash earns no interest!
... * Tumbling oil weighs on energy stocks; materials rise. * Volatile trading session saw heavy volume. * Yellen to defend Fed rate hikes in Congress.
NEW YORK Oil prices slid for a fourth straight session on Tuesday and teetered close to 12-1/2-year lows hit last month, after weak demand forecasts from the U.S.