Investors want Yellen to become Fed head

Note: This section contains information in English only.
Source: CNBC
© Scanpix/AP
According to the CNBC survey, two out of three economists expected Barack Obama to nominee Lawrence Summers as the new Fed chairman. Alongside, five out of six experts wanted Janet Yellen to become the new chairwoman. After Summers' quit from the race, it is forecasted that Yellen, who is currently the Fed's vice-president, will become the No.1 candidate for its leadership.
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Mon, 16 Sep 2013 13:26:04 GMT

Intel plans to close factory in U.S.

Intel Corp., an American semiconductor manufacturer, announced 1100 job cuts by the end of this year, including closure of a plant in Massachusetts, where 700 jobs are supposed to be eliminated. 400 more jobs of Intel will go at its facility in New Mexico. Before the opening of the market Intel Corp. futures are trading 0.77% higher from Friday's closure,

Mon, 16 Sep 2013 12:23:04 GMT

Car sales in U.S. will surge in 2014

American car sales are posing for a strong advance, while the car makers can sell about 16.1 million new cars in 2014. Such a positive forecast was given by analysts from Bloomberg survey. Meanwhile, the current annual record is set on 17.4 million sales. The last time car sales in the U.S. increased for five consecutive years from 1996 to

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