Fed chief Ben Bernanke said today he's still worried about inflation. Something else the Fed is keeping its eye on is the debt that some private equity firms are amassing in their recent buying binge. Amy Scott reports.
Flextronics, the world's second-largest manufacturer of electronic components produced for retailers, is buying the number five company in the market, U.S.-based Solectron, for $3.5 billion. Amy Scott reports.
Wal-Mart's annual shareholder meetings have often had a pep rally feel. But with a flat stock price, sluggish sales and PR problems, the company may need some cheerleading at this year's meeting on Friday. Amy Scott reports.
Whether that nagging cough really has gotten ugly or you're cashing in on a hallowed mental health day, there are as many ways to call out of work as there are reasons to do so. Amy Scott prefers cayenne pepper.
The International Energy Agency warned today that if OPEC doesn't increase production, tightening oil reserves will cause prices to skyrocket. And they'll only get higher if consumers don't conserve at the pump, Amy Scott reports.
Given the state of the housing market, it wasn't entirely surprising when luxury homebuilder Toll Bros. warned it won't meet its earnings target for the year. Amy Scott reports even the wealthy are feeling some pain.
All eyes are on the Fed today. Most expect short-term interest rates to hold steady, but analysts are divided over what's ahead. Some are talking about the possibility of a rate cut as early as next month, Amy Scott reports.
News of Alcoa's hostile, $27 billion bid for Canadian competitor Alcan pushed the Dow ever higher today. The stock market's on a winning streak it hasn't seen since 1927. Amy Scott looks into whether it can sustain it.