Fed Preview: Bernanke Won't Budge

Ben Bernanke is unlikely to offer any June surprises, as monetary stimulus remains appealing.

MPNnow: Local Business

Personal Finance

5 Housing Markets Where You'll Break Even Fast When You Buy
Buying a home seemed too risky to many for a long time, but here are markets where you'd be crazy to rent.
10 Most Bikeable U.S. Cities
Mass biking isn't just for small cities and college towns -- but it doesn't hurt. Here are 10 places winning medal for the pedal.
Michelle Obama In a Bottle: Luxury Perfumer Launches With First Lady Inspiration
Seth Kornegay is seeing early success in launching a line of all-natural perfumes, including an Obama homage.
Top 6 Social Media Fails Every Worker Should Learn From
Your employer can fire you for your behavior on social media.
Cronut Mark-Up Astounds
The fad dessert is costing New Yorkers a pretty penny.

Your Career

Top 6 Social Media Fails Every Worker Should Learn From
Your employer can fire you for your behavior on social media.
Participants Seek Professional Help in 401(k) Plans
The number of investors preferring professionally managed portfolios has doubled since 2007.
Employers: Entry-Level Applicants Are Just About Useless
They lack the job skills and have no clue what soft skills are needed, but they don't know it, a survey finds.
Cramer: The Greens See Just One Side
It's pathetic that job creation doesn't play a bigger role.
American Millionaires: Diverse, Educated and Self-Made
Finding affluent clients means looking beyond multi-generational family fortunes.

Jim Cramer's Investing Ideas

'Mad Money' Lightning Round: Loews Is an Absolute Winner
Applied Materials should split, Cramer said, and Enterprise Products Partners will just keep going.
Cramer's Top Stock Picks: V MC AXP ISRG POT HRS ARG msft intc
Harris will unlock tremendous value by splitting and Airgas will profit once the economy recovers in earnest, Cramer said.
Cramer's 'Mad Money' Recap: Buys Amid the Rubble
What stocks will rally after the explosion from the Fed's announcement? Cramer has some suggestions.
Cramer: What Works, What Doesn't
This is all you need to know going into taper time.
'Mad Money' Lightning Round: ConAgra Is Terrific
Cramer likes Tupperware and Pier 1 but wonders why anyone would buy Sears.

National Top Stories

DryShips Sees an Upgrade
Shares move higher in early trades.
Stocks Little Changed as Investors Brace for Bernanke
Stocks open near the flat line as investors stay on the sidelines until more information on the Fed's plans become available.
Should BMI's Good Old Boys' Network Make Rules for the Digital Age?
Will we ever treat music as a dynamic industry of endless possibility, able to flourish in an age ruled by emerging technology, not long-forgotten 60 and 70-year old men?
Sprint Takes Game 7 Lead in Dish Battle
Sprint and SoftBank may beat a game-clock on wireless merger efforts.
AGNC Dividend Ain't So Bad
Shares aim higher as analysts predicts snap back trade.

Daily Videos

Mobile & Gadgets

Should BMI's Good Old Boys' Network Make Rules for the Digital Age?
Will we ever treat music as a dynamic industry of endless possibility, able to flourish in an age ruled by emerging technology, not long-forgotten 60 and 70-year old men?
Sprint Takes Game 7 Lead in Dish Battle
Sprint and SoftBank may beat a game-clock on wireless merger efforts.
Adobe Soars: What Wall Street Is Saying
Adobe Systems jump following better-than-expected earnings. Here's what some analysts on Wall Street are saying.
Huawei May Want Nokia but It Won't Happen
The smartphone market is still a big, important and growing market and is more than a two-horse race.
'Man of Steel' Drives Time Warner Toward 12-Month High
Time Warner edged closer to its 12-month high Tuesday fueled by 'Man of Steel' box office sales.

Taxes & Regulations

Salmon: Why Capital Gains Should Be Taxed as Income
Making the capital-gains tax rate the same as the income-tax rate is an easy way to bring a lot of money into the public treasury. So why isn't the U.S. doing it?
Tesla Is Just a Winning Stimulus as Fourth U.S. Automaker Emerges
Why taxpayers will only be able to view Tesla as a winning stimulus.
Why JPMorgan Will Always Be a Better Villain Than Apple
'We love the iPhone and the iPad,' isn't a great way to shame a company.
Apple Would Do Better Spending that Cash
Apple's should step out of a politically charged debate on taxation and into growth mode.
Workers Know It: In Retirement Planning, They're On Their Own
Workers are taking responsibility for their finances at levels unseen in recent history, a study shows.

Sports Business

Consumer Non-Durables Stocks On The Rise With Help From 5 Stocks
TheStreet Ratings group highlights 5 stocks pushing the consumer non-durables industry higher today.
Lululemon Athletica Inc. (LULU): Today's Featured Consumer Non-Durables Laggard
Lululemon Athletica was a leading decliner within the consumer non-durables industry, falling $1.19 (-1.8%) to $64.96 on average volume
Restoration Hardware Soars: Retail Winners and Losers (Update 1)
Retail stocks retreated on Friday on declining consumer sentiment data and strong gains on Thursday.
The 5 Dumbest Things on Wall Street This Week: June 14
Fannie Mae and Freddie Mac pose a paradox, Lululemon's CEO quits, Booz gets Snowden-ed, Ramey returns the Herbalife soap opera and more.
'Mad Money' Lightning Round: Duke Energy Is a Steal
Cramer is also mad about Citigroup and Under Armour but Chuy's is too expansive.

Automotive

Ford Opens New China Plant as Analyst Cites China Spending Rise
Ford CEO Alan Mulally, visting Asia this week, oversees the opening of a Chongqing engine plant.
Morning Briefing: 10 Things You Should Know
U.S. stock futures suggest a flat Wall Street open; Fed concludes its two-day policy meeting; Dish won't submit revised bid for Sprint; FedEx reports earnings.
223 Miles in Toyota's Tesla-Based SUV
The Toyota RAV4 EV is the ideal around-town commuter SUV, if your commute is in California.
10 Best Family Cars For Father's Day
When your family's expanding, your car needs to do a lot more than get from Point A to Point B.
'Unprecedented' $2.5b Cooper Tire Deal Highlights Auto Industry Change
Apollo Tyres' deal for Cooper Tire signals a shift in the auto industry, as U.S. players recover from a near collapse.

Real Estate

5 Housing Markets Where You'll Break Even Fast When You Buy
Buying a home seemed too risky to many for a long time, but here are markets where you'd be crazy to rent.
AGNC Dividend Ain't So Bad
Shares aim higher as analysts predicts snap back trade.
Lenders Loosen Their Purse Strings
NEW YORK (MainStreet) — What's the key to a healthy housing market? Simple: a big supply of willing buyers matched by a big supply of…
Higher Mortgage Rates Won't Hurt Housing Affordability: Freddie Mac
Rates will have to rise as high as 7% before home purchases become unaffordable, economists at housing giant Freddie Mac say.
Buyers, Sellers and Even Mortgage Lenders Saying Yes to Sales
A Fannie Mae survey shows general optimism among buyers, sellers, and some say 'a corner has been turned.'

Luxury & Leisure

Michelle Obama In a Bottle: Luxury Perfumer Launches With First Lady Inspiration

Seth Kornegay is seeing early success in launching a line of all-natural perfumes, including an Obama homage.

5 Great Stadiums Making Up for Bad Baseball Teams
The Astros, Marlins, Royals, Mariners and Brewers stink. But their stadiums are wonderful and often cheap to get in.
9 Fathers Day Gifts When Even the Sky Isn't the Limit
Here are some of the most luxurious new items and gift ideas for dad -- for this year or next.
5 Hidden Craft Beer Vacation Destinations
Beer lovers could go again to Denver, Seattle, Boston and Portland, Ore., but why not get creative?
What's Hot in the Hamptons This Summer
Providers of great exercise, juices and dining follow Manhattanites to the beach for the summer.
7 Gadgets Worth Getting Dad For Fathers Day
Here are some thoughtful items he won't forget by the Fourth of July.

Markets

S & P | Nasdaq | NYSE |

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NEW YORK (TheStreet) -- Major U.S. stock markets were barely budging as the markets braced for the conclusion of a two-day Federal Reserve meeting that's expected to follow with announcements that will provide more information into the timing of a tapering in quantitative easing and rate hike.

Sprint was the biggest decliner in the S&P 500, its shares giving up 3.69% to $7.05. Dish Network , the satellite TV operator, said Tuesday it wouldn't submit a revised bid for Sprint, clearing the way for Sprint to be acquired by Japan's Softbank. Sprint had given Dish until Tuesday to submit a sweetened bid for the No. 3 wireless carrier in the U.S.

Software maker Adobe Systems was the winner, gaining nearly 5% to $45.52. Adobe said revenue from subscriptions jumped 60% in March through May from a year earlier, to $254.5 million. Adjusted earnings in the quarter were 36 cents a share, beating estimates by three cents.

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