Online Investment Guide

Tag: congress

  • Yahoo reports lackluster results as sale looms

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    admin
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    Yahoo Inc's (YHOO.O) quarterly earnings fell short of Wall Street expectations on Monday in what may be the company's last financial report before it sells its core business. Yahoo reported adjusted earnings of 9 cents per share, short of the 10 cents that analysts expected. Yahoo is in the process of auctioning off its search…

  • Yellen faces tough sell on Fed rate hikes in Congress

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    By Jonathan Spicer and Ann Saphir WASHINGTON/SAN FRANCISCO (Reuters) – Federal Reserve Chair Janet Yellen will defend the U.S. central bank's first rate hike in a decade and likely insist that further rises this year remain on track, albeit at a slower pace, when she addresses Congress on Wednesday. Yellen, who is certain to be…