Randy Ruella, 3, waits in line for groceries at the Greater Waterbury Interfaith Ministries in Waterbury, Connecticut. Waterbury, once a thriving industrial city with one of the largest brass manufacturing bases in the world, has suffered economically in recent decades as manufacturing jobs have left the area. (Photo: Getty Images)
The economy may be improving from the first quarter's 2.1 percent contraction, but it doesn't feel like the 4 percent expansion that the Commerce Department reported for the second quarter Wednesday, says Mark Bertolini, CEO of Aetna, the country's third-largest health insurer. [Full Story]
Related Stories
Greenspan: Stocks Likely to See 'Significant Correction'
Former Federal Reserve Chairman Alan Greenspan said stocks will see a decline at some point after surging for the past several years.... [Full Story]
Cargill Inc., one of the nation's largest beef processors, said on [Full Story]
President Barack Obama's stance toward business is completely [Full Story] |
Standard & Poor’s declared Argentina in default after the government missed [Full Story]
The Federal Reserve on Wednesday upgraded its assessment of the U.S. [Full Story]
The Federal Reserve is further slowing the pace of its bond purchases [Full Story]
U.S. states and cities increased spending in the second quarter at the [Full Story]
The Federal Reserve said slack in the labor market persists even as the [Full Story]
Bill Gross, manager of the world's largest bond fund, said Wednesday that [Full Story]
Inflation hawks warn that the Federal Reserve's massive stimulus program will accelerate price increases, and independent economist Bob Brusca says they're right. [Full Story]
A federal judge on Wednesday ordered Bank of America Corp. to pay $1.27 billion in damages after a federal jury found the second-largest U.S. bank liable for fraud over defective mortgages sold by its Countrywide unit. [Full Story]
Russia's central bank said it's ready to help lenders targeted by the U.S. and Europe in their latest round of sanctions, as Dutch experts again abandoned an attempt to visit the crash site of Malaysian Air Flight 17. [Full Story]
Bill Gross, manager of the world's largest bond fund, said Wednesday that income, rather than capital gains, would drive future investment returns as a result of low global economic growth. [Full Story]
Mortgage servicers in the United States are evolving into the next big lenders, sidestepping regulatory scrutiny to win business in a gap left by the retreat of big banks from the home-loan market. [Full Story]

Market Watch
Company Name or Symbol: 

Click Here for Pre-Market Data
Email:
Retype Email:
Country
Zip Code:
 
Insiders
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus



Around the Web
Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved