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Financial News USA
Apr 23

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Yelp’s may be last Web IPO until Facebook

Yelp Inc. is expected to make its $100 million stock-market debut later this week, and it could be the last initial public offering from the Internet and social-media categories until Facebook completes its deal at some point in the next few months. ...

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Fed says no rate hikes until at least late 2014

The U.S. Federal Reserve on Wednesday said it will not raise interest rates until at least late 2014, even later than investors expected, in an effort to support a sluggish economic recovery. {loadposition in-article} Without making major shifts to its outlook for the economy, the central bank ...

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Apple Passes Exxon as #1 Company-and May Still Be Cheap

Apple surged past Exxon Mobil as the world's biggest company-and many investors believe it's still cheap. {loadposition in-article} Apple reported earnings on Tuesday that blew past analysts' expectations as the tech juggernaut sold an astounding 37 million iPhones during the last quarter. At i...

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Manufacturing Improves On Orders, Production Gains and U.S. Adds 200,000 Jobs In Dec., Unemployment Drops

U.S. manufacturing activity accelerated for a second straight month in December after staying nearly flat during the late summer and early fall, with signs of bigger increases to come.The Institute for Supply Management's purchasing managers survey index rose to 53.9 last month from 52.7 in Nove...

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