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Business News

  • Fed could use reserves payments to stimulate U.S. economy: paper
    JACKSON HOLE, Wyo. (Reuters) - The Federal Reserve could push banks to lend more by paying Wall Street smaller returns on money stashed at the U.S. central bank when inflation is low, according to an academic paper presented on Saturday. ... Read more »
  • Exclusive: Iraq plans to sell oil through Iran if talks with Kurds fail
    BAGHDAD (Reuters) - Iraq's government would consider selling crude through Iran should talks with the autonomous Kurdish region on an oil revenue-sharing agreement fail, a senior oil ministry official in Baghdad told Reuters. ... Read more »
  • Fed's Yellen sees stronger case for interest rate hike
    JACKSON HOLE, Wyo. (Reuters) - The Federal Reserve is getting closer to raising interest rates again, the head of the U.S. central bankand other policymakers said on Friday in comments that left the door open for a hike as early as next month. ... Read more »

Market News

  • It Doesn't Matter That Tim Cook Returned $200B To Apple Via Buybacks And Dividends
    Don't mistake Apple dividends and buybacks for largesse... Read more »
  • The Week Ahead: Should Investors Tune In Or Tune Out?
    The stock market moved sideways for most of last week with the heaviest selling on Wednesday. Finally on Friday we got Janet Yellen's long awaited comments from Jackson Hole where she said "the case for raising rates has strengthened in recent months." This did little to change the already low expectations... Read more »
  • These 2 REITs Are Still A Good Value
    In a world where you need to hold a U.S. Treasury for 10 years to get a measly 1.5%, real estate investment trusts (REITs) have become an incredibly attractive income-yielding alternative. So attractive, in fact, that the SPDR Dow Jones REIT ETF (RWR) has soared over 12% in the last... Read more »