Wednesday, 17 July 2013

Click On Detroit's Midday Market Report

Business Headlines

Stocks NYSE generic man in headset
Brendan McDermid / Reuters

Stocks: Bernanke takes center stage

U.S. stocks rose Wednesday as investors welcomed dovish comments from Federal Reserve chairman Ben Bernanke.

But gains were held in check by a weaker-than-expected housing report.

The Dow Jones industrial average was up 0.1%, while the S&P 500 and the...

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Ben Bernanke
Jose Santos/CNN

Bernanke: Tapering plan not a 'preset course'

The Federal Reserve plans to start slowing its controversial bond-buying program later this year and end it completely in mid-2014, Ben Bernanke plans to tell lawmakers Wednesday.

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New home construction
John R. Coughlin/CNNMoney.com

Home building slows in June

The pace of home building slowed somewhat in June in the face of higher mortgage rates, but construction is still well above year ago levels.

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PayPal error
Chris Reynolds

PayPal credits man $92 quadrillion in error

When Chris Reynolds opened his June PayPal e-mail statement, something was off. The Pennsylvania PR executive's account balance had swelled to a whopping $92,233,720,368,547,800.

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Retirement planning
iStock

IRA balances hit five-year high, Fidelity says

Balances on individual retirement accounts reached a five-year high in 2012 amid stock market gains and a surge in Roth IRA conversions.

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Paladin Deception Services
paladindeception.com

For hire: Professional liars for job seekers

Warning: What you're about to read may not be true.

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Latest Video

Paycheck, check, payroll
iStock

Worker pay set to rise in 2014

You could be getting a raise next year, but it might not be as much as you think you deserve.

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Ruth to the Rescue: College class sign-up mistake

A local college student says she paid more than $500 for a class she did not need to take.

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box of Hostess Twinkies
Hostess Image

Twinkies are back, but smaller

Twinkies are back on shelves across the country but, but they're smaller than you remember.

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Extras

wedding
istock

How much do weddings really cost?

Summer is wedding season and everyone knows that weddings are expensive, but just how much can you expect your celebration to set you back? Use our calculator to find out what a wedding really costs, from music to photos.

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Advertisement


On Local 4 News

crime pic

How heat wave can cause crime wave

Tonight at 11 p.m. - Local 4 Defender Kevin Dietz hits the streets of metro Detroit to show you what to watch out for.

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