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2016-05-03

The Fed: Fed’s Lockhart calls June rate hike ‘a real option’

Atlanta Fed President Dennis Lockhart called a June rate hike a “real possibility.”

posted 2016/05/03 by MarketWatch.com - Top Stories

Ellen DeGeneres stumbles into the student debt debate

Student debt activists tangle with DeGeneres over a segment featuring University of Phoenix

posted 2016/05/03 by MarketWatch.com - Top Stories

NewsWatch: Tesla’s Elon Musk says mass preorders for Model 3 have been canceled

Tesla Motors Inc. Chief Executive Elon Musk has moved to quash doubts that reservations for the electric-car maker’s Model 3 may be inflated.

posted 2016/05/03 by MarketWatch.com - Top Stories

The Wall Street Journal: Takata said to be readying another massive air bag recall

Takata Corp. is preparing to recall at least another 35 million rupture-prone air bag inflaters that U.S. regulators have deemed a safety risk, said people familiar with the matter, further escalating a crisis at the Japanese supplier linked to numerous…

posted 2016/05/03 by MarketWatch.com - Top Stories

Online lender Prosper Marketplace to cut more than a quarter of workforce

Prosper Marketplace Inc., one of the biggest upstart online consumer lenders, is cutting about 28% of its staff, while shuffling executives as it aims to cope with a decline in loan volume.

posted 2016/05/03 by MarketWatch.com - Top Stories

The Fed: Fed’s Williams is optimistic about economy and sees more rate hikes ahead

San Francisco Fed President John Williams said he was optimistic about the economic outlook and said if the data confirms his view the central bank should stick to a gradual path of rate hikes.

posted 2016/05/03 by MarketWatch.com - Top Stories

Movers & Shakers: CBS shares gain as first-quarter earnings beat Wall Street’s estimates

CBS Corp. shares rise in Tuesday’s extended session after the media entertainment company posted better-than-expected quarterly earnings.

posted 2016/05/03 by MarketWatch.com - Top Stories

Economic Report: U.S. auto sales recover in April

U.S. auto sales recovered in April, suggesting the March downturn was the result of a timing shift from the early onset of Easter.

posted 2016/05/03 by MarketWatch.com - Top Stories

Earnings Outlook: What to expect from FireEye’s results

FireEye is scheduled to report first-quarter results after the stock market closes on Thursday, with some analysts skeptical that the cybersecurity company will be able to break the string of disappointing results.

posted 2016/05/03 by MarketWatch.com - Top Stories

Market Extra: Will a sustained drop in oil crush a rally in emerging-markets?

Emerging-market assets are having a pretty good run so far this year, but a sharp drop in oil prices so far this week is casting a long shadow over the rally.

posted 2016/05/03 by MarketWatch.com - Top Stories

The Wall Street Journal: Sheldon Silver sentenced to 12 years in prison

Sheldon Silver is sentenced to 12 years in prison, after the former New York state Assembly speaker was found guilty of fraud, extortion and money laundering.

posted 2016/05/03 by MarketWatch.com - Top Stories

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