Dow Jones News

Bernanke wont blow up bond market

The Federal Reserve may not be the big bad wolf of the bond market, despite what some say. FORTUNE -- The last of the economy's Band-Aids are coming off. The question is how much it will hurt. So far, the answer from the bond market has been quite a lot. Ever since Federal Reserve chairman Ben Bernanke indicated about a month ago that the Fed might slow its bond buying stimulus program, ...
U.S. stocks fall to session lows after Fed release

NEW YORK (MarketWatch) -- U.S. stocks initially turned positive and then fell to session lows on Wednesday as Wall Street began digesting the Federal Open Market Committee's decision to continue buying $85 billion in bonds each month. The Dow Jones Industrial ...
US STOCKS SNAPSHOT-Wall Street slips after Fed statement

NEW YORK, June 19 | Wed Jun 19, 2013 2:08pm EDT NEW YORK, June 19 (Reuters) - U.S. stocks hit session lows on Wednesday shortly after the Federal Reserve said it would keep buying $85 billion in bonds per month and gave no explicit indication that it was close to scaling back the stimulus program. The Dow Jones industrial average fell 51.38 points or 0.34 percent, to 15,266.85, the S&P ...
FedEx offers glum outlook on economic growth

FedEx's stock soared even after the carrier offered a tepid outlook for 2014. FedEx might offer the clearest look at the disconnect between the soaring stock market and the listless global economy. The world's largest freight carrier posted a 45% drop in its fourth quarter profits and offered its investors a cautious outlook for 2014, noting that customers are looking for lower-cost ...
Investors shouldnt worry about the Fed

"I believe this Fed will continue to press its accommodative policy up until the point it is certain that it is not needed," said Jim Keenan, manager ...

Movie Review

Bigger Than Life [DVD]

Those like myself who have spent time thinking and writing about horror films routinely cite Alfred Hitchcocks Psycho (1960) as a crucial turning point in the genre when horror was firmly relocated from external monsters in safely distant and exotic lands to the heart of t ... ...

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What Google could learn from Yahoos acquisition strategy

Google wants to partner with private equity on complicated deals. But there may be a better way. FORTUNE -- Google Inc. may soon partner with private equity firms to acquire other companies, according to ...
US STOCKS-Wall St edges lower as Fed statement looms

Wed Jun 19, 2013 12:59pm EDT * Fed expected to maintain pace of bond purchases * Adobe, FedEx shares rise after results * Dow, S&P off 0.1 pct, Nasdaq off 0.2 pct By Alison Griswold NEW YORK, June 19 (Reuters) - U.S. stocks dipped on Wednesday as investors awaited a Federal Reserve statement that could provide clues about the central bank's future stimulus efforts, a key to the market's ...
NYSE partner ATG file for approval to create Brazil exchange

Wed Jun 19, 2013 12:06pm EDT * Company expects new bourse to start operating next year * DirectEdge unveiled similar projects a year ago * Shares of sole Brazil exchange BM&FBovespa sink 3.5 pct SAO PAULO, June 19 (Reuters) - NYSE Euronext and Americas Trading Group are seeking Brazilian regulatory approval to open a new stock exchange, and the venture's officers said on Wednesday they ...
US stocks edge lower

New York - US stocks are edging lower in early trading on Wall Street as investors hold back ahead of a policy announcement from the Federal ...
Dont believe Greenspans bullish case for stocks

By Shawn Tully, editor at large FORTUNE--On CNBC's "Squawk Box" on June 6, former Fed chairman Alan Greenspan made two points in uncharacteristically clear, blunt language that got Wall Street buzzing. Appearing over a chyron billing him as "The Maestro of the Markets," Greenspan came close to declaring that bonds are in a bubble. "Bond prices have to fall and ...

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Classic Comments

Our nuclear programmes are completely transparent. But we are ready to show greater transparency and make clear for the whole world that the steps of the Islamic Republic of Iran are completely within international frameworks. The sanctions are unfair, the Iranian people are suffering, and our (nuclear) activities are legal. These sanctions are illegal and only benefit Israel.

Hassan Rouhani

Iran's president-elect was speaking after his historic election victory.

Hotel Review

Thistle Charing Cross

I had stayed at this hotel once before, some years previous, so was looking forward to a new review. The ...

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News Survey

Should tax havens be forced to lift their shroud of secrecy?

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Featured Story

Padma Khanna: From Bollywood dancer to classical dance guru

Padma Khanna, a popular name in Hindi and Bhojpuri films in the 1970s, who currently resides in New Jersey and runs the Indianica Dance Academy, says she never really gave up acting. And she says she still gets offers from Mumbai and is ready to return to celluloid if given a "very special role".

Still remembered for her dance in the song "Husn ke lakhon rang", the actress took life the way it came. "I never really gave it up; however, life brought me to a precipice. I was at a point in life where I had a choice and chose to start anew - to share the art and culture that drives me till this day."

At the young age of 7, she started learning Kathak from Guru Kishen Maharaj of Varanasi. At the age of 12, she started performing on stage to the accompaniment of tabla wizard Pundit Shamta Prasad. She learnt advanced Kathak from Gopi Krishna.

Currently, she is busy with the upcoming 17th annual cultural show of her academy - Chamakte Sitare 2013 - which will be held June 22 at Plainfield High School, New Jersey.

She debuted as an actress in the 1961 Bhojpuri film "Bhaiyya" at the age of 12. Her big break came in 1970 when she played a cabaret dancer in "Johnny Mera Naam". She acted in more than 400 movies of all Indian languages, among them "Saaz Aur Awaaz", "Biwi Aur Makaan", "Baharon Ke Sapne", "Sangharsh", "Dastaan", "Hindustan Ki Kasam", "Rampur Ka Lakshman" and "Saudagar". ...