Dow plunges triple digits on Fed uncertainty
U.S. stocks fell sharply Friday, pressured by concerns over the implications of the Federal Reserve’s decision to leave short-term interest rates unchanged.
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Apple customers report devices crashing on iOS 9 update
SAN FRANCISCO/SYDNEY (Reuters) – A significant number of Apple Inc customers are reporting their mobile devices have crashed after attempting to upload the new iOS 9 operating system, the latest in a line of launch glitches for the tech giant. Twitter and other social media were awash with disgruntled customers reporting two distinct faults, with one appearing to be linked specifically to older models of Apple iPhones and iPads. “It
The great reformation: Pope Francis' push to clean up church finances
Excitement is growing ahead of Pope Francis’ visit. Yahoo Finance takes a look at the church’s finances and how Pope Francis is trying to bring them in line.
Yuan devaluation could weigh on Chinese buyers of US homes
Shanshan Wu already owns three houses back home in China. But the 36-year-old has spent the last two months in Chicago shopping for a three-bedroom. She’s got cash to spend — up to $400,000. And she’s …
Index of US economy shows small 0.1 percent gain in August
An index of future U.S. economic health edged up slightly in August after a flat reading in July. The outcome in both months signaled economic growth could be moderating. The Conference Board said Friday …
Investors crave a new story line as the Fed waits
The fact that investors are impatient for a new storyline shouldn’t be reason enough for Janet Yellen to bump rates higher.
US eases rules for travel, business in Cuba
The U.S. has issued new regulations to ease travel and trade opportunities in Cuba for U.S. citizens. The Treasury and Commerce Departments say the rules go into effect Sept. 21, simplifying procedures …
JPMorgan third-quarter trading revenue down like other firms, CEO says
JPMorgan Chase & Co’s (JPM.N) third-quarter markets revenue is running “about the same as everybody else,” Chief Executive Officer Jamie Dimon said on Friday after two major competitors had said their revenues were down about 5 percent from a year earlier. Dimon, speaking at an investor conference, did not give a percentage change for JPMorgan. Dimon said that during three volatile weeks in August the investment bank’s trading volume was
What the Federal Reserve wants to see before raising rates
So what will it take for the Federal Reserve to finally raise interest rates? The U.S. economy is now in its seventh straight year of expansion. It’s growing at a steady if unexciting 2.2 percent annual …
The View Celebrates Nurses Amid Controversy: ''One Thing That's Abundantly Clear Is That Nurses Wear Stethoscopes''
The ladies of The View are celebrating nurses today. On Tuesday, the panelists, including Michelle Collins, Joy Behar, Raven-Symoné and Paula…