HomeYahoo Business Headlines – US Federal Reserve, Rupert Murdoch, United States, NEW YORK, Ben BernankeBusinessYahoo Business Headlines – US Federal Reserve, Rupert Murdoch, United States, NEW YORK, Ben Bernanke

Yahoo Business Headlines – US Federal Reserve, Rupert Murdoch, United States, NEW YORK, Ben Bernanke

This time, bond investors think a Fed pullback is real
This time, the Fed is serious. That’s the judgment of U.S. government bond investors who believe the Federal Reserve is close to paring back its $2.5 trillion, 4-1/2-year bond purchase program, and it’s causing turmoil in the U.S. Treasury market.

Rupert Murdoch files for divorce from Wendi Deng
News Corp. CEO Rupert Murdoch has filed for divorce from Wendi Deng Murdoch, his wife since 1999, citing a breakdown in the relationship. The matter doesn’t alter the succession plan for the media company, which the 82-year-old founder controls through a family trust.

US stock market moves higher
A pair of better economic reports helped nudge the U.S. stock market up, even as the Japanese market plunged again.

Coty falls in 1st day trading as a public company
Shares of beauty products company Coty dropped in their first day of trading on the New York Stock Exchange.

Bernanke to deliver semi-annual testimony to Congress July 17-18
Federal Reserve Chairman Ben Bernanke will deliver his semi-annual testimony to the U.S. Congress on July 17 and 18. Bernanke will testify on monetary policy before the House Financial Services Committee and then appear before the Senate Banking Committee the next day.



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