A second Fed official says wants to pare asset purchases
LANCASTER, Pennsylvania (Reuters) – A second Federal Reserve policymaker is calling on the U.S. central bank to begin tapering the amount of bonds it is buying. Philadelphia Fed President Charles Plosser said on Wednesday the benefits of the so-called quantitative easing program, which snaps up $85 billion in assets per month to promote investment and economic growth, are “meager” and outweighed by the potential costs of such aggressive policy easing. …
http://news.yahoo.com/second-fed-official-says-wants-pare-asset-purchases-140618567–business.html
Markets keep rising after Dow hits record high
LONDON (AP) — The Dow’s new all-time high and better economic data from the United States propelled world markets Wednesday, with European stocks hitting a four-year high.
http://news.yahoo.com/markets-keep-rising-dow-hits-record-high-111600855–finance.html
Dow Record: Three tales of ups, downs and changes
NEW YORK (AP) — When the Dow first crossed 14,000, investors were overjoyed. When it closed at an all-time high of 14,253.77 on Tuesday, it wasn’t so much a time for celebration as it was for reflection.
http://news.yahoo.com/dow-record-three-tales-ups-downs-changes-210932873–finance.html