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As the Dow breaks 15,000, is it too late to buy?
Are stocks worth buying now? With the Dow Jones industrial average breaking through 15,000, it's natural to worry that stocks have gone up too far. But higher priced stocks aren't necessarily overpriced. They may still be a good deal if corporate earnings are rising fast, and you think that trend ...
Fed keeps stimulus, says taxes and cuts have hurt
The Federal Reserve cautioned America's political leaders Wednesday that their policies are hurting the economy. The Fed stood by its aggressive efforts to stimulate the economy and reduce unemployment. But it sent its clearest signal to date that tax increases and spending cuts that kicked in this year are slowing ...
Congressman, former lobbyist get housing, FCC nods
President Barack Obama acted Wednesday to fill two top regulatory posts, tapping a veteran Democratic congressman to lead the Federal Housing Finance Agency at a pivotal time for the housing market and naming a top campaign fundraiser and former lobbyist to head the Federal Communications Commission. Rep. Melvin Watt, D-N.C., ...
Businesses may get sticker shock on health care
Small business owners may be experiencing sticker shock now that insurers are revealing the rates they want to charge under the new health care law. So far, in Rhode Island, insurers are requesting premium increases of up to 14 percent for small business coverage when the Affordable Care Act is ...
6 things to ask before booking a summer vacation
It's May. Memorial Day and the end of the school year are in sight. Suddenly, you're thinking about a summer vacation. A little advance planning — and some insider tips — can save you a lot of money. Whether you're booking airfare, a car rental or a hotel room, there ...
Nissan cuts prices on 7 US models
Nissan is cutting prices on seven of its 18 models in the U.S., hoping its cars and trucks will show up in more Internet searches by shoppers. The price cuts vary with the amount of equipment on each model. They run from 2.7 percent, or $580, on the top-selling Altima ...
Fed likely to stick with low-rate stance this week
A combination of scant inflation and still-modest U.S. economic growth will likely lead the Federal Reserve this week to maintain its drive to keep borrowing costs at record lows indefinitely. The Fed has said it plans to keep its key short-term interest rate near zero at least until the unemployment ...
Woody Guthrie Center opens Saturday in Tulsa
Supporters of folk singer Woody Guthrie say the opening of a center chronicling his storied life and career is long overdue in his native state of Oklahoma. The 12,000-square-foot Woody Guthrie Center opens Saturday afternoon in Tulsa. It features Oklahoma's only permanent exhibit on the Dust Bowl and also includes ...
Crowdfunding may be more bust than windfall
Small businesses looking for a windfall of investor money from crowdfunding may find that it's more of a bust. President Barack Obama and members of Congress have touted a law that makes crowdfunding, a method of soliciting money over the Internet, as a way for startups and other small companies ...
Asian stock markets mixed as gains cashed up
Asian stock markets were mixed Friday as investors turned cautious and took profits from recent rallies in spite of evidence pointing to an improving U.S. employment picture. Japan's Nikkei 225 index retreated 0.8 percent to 13,440.44, slipping from the day before, when the Toyko benchmark closed above 13,500 for the ...
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