National Business News

Bernanke forecasts gains from computer technology

Chairman of the Federal Reserve Ben Bernanke delivers the commencement address at the graduation ceremonies for Bard College at Simon's Rock in Great Barrington, Mass. on Saturday, May 18, 2013. During his remarks, Bernanke said pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong.

Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong.

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Archive by category ''National Business News

NATIONAL BUSINESS NEWS

Buybacks are a big factor behind stock market boom

It's the narcissist rally.
NATIONAL BUSINESS NEWS

Stocks rise on hopeful signs for the US economy

Encouraging news about the U.S. economy extended the stock market's rally Friday.
NATIONAL BUSINESS NEWS

Pew survey questions Gen X, baby boomer savings

A research report by the Pew Charitable Trusts says younger baby boomers and Generation Xers face an uncertain retirement because of reduced savings, high levels of debt, and losses during the Great Recession.
NATIONAL BUSINESS NEWS

Stocks rise on hopeful signs for the US economy

Encouraging news about the U.S. economy is extending the stock market's rally.
NATIONAL BUSINESS NEWS

Transocean shareholders oust chairman

Transocean Ltd. shareholders have voted out the oil drilling company's chairman and backed one of Carl Icahn's director nominees.
NATIONAL BUSINESS NEWS

Mexico cuts growth outlook from 3.5 to 3.1 percent

The Mexican government says it has cut its economic growth forecast for 2013 from 3.5 percent to 3.1 after exports stagnated and first-quarter GDP figures came in weak.
NATIONAL BUSINESS NEWS

Gold prices sink for seventh day, near April low

Gold prices fell for a seventh day in a row on Friday, drawn down by a stronger U.S. dollar and better economic news.
NATIONAL BUSINESS NEWS

Business events scheduled for the coming week

TUESDAY, May 21
NATIONAL BUSINESS NEWS

Bank of Montreal ordered to fix oversight lapses

Federal regulators are ordering the Bank of Montreal to take steps to correct lapses in oversight that could allow the bank to be used for money laundering.
NATIONAL BUSINESS NEWS

GM stock rises above $33 for first time in 2 years

Shares of General Motors reached an important milestone on Friday, closing above their initial public offering price of $33 for the first time in more than two years.