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Fed Preview: Bernanke Won't Budge

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

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U.S. Small Business

Is Now a Good Time to Start a Business?

Being an entrepreneur is easier than ever these days, but is it a good time to launch a business?

Mobile & Gadgets
Energy & Green Business

Cooperman: 'We Have Done Our Homework' on Linn Energy

Linn Energy shares rise on Leon Cooperman's CNBC interview.

National Top Stories
  • SAIA August 17th Options Begin Trading

    Investors in Saia Inc saw new options begin trading today, for the August 17th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the SAIA options chain for the new August 17th contracts and identified one put and one call contract of particular interest.

  • Commit To Purchase Immersion Corp. At $10, Earn 12.2% Annualized

    Investors considering a purchase of Immersion Corp stock, but cautious about paying the going market price of $14.45/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $10 strike, which has a bid at the time of this writing of 50 cents.

  • Commit To Buy Innodata At $2.50, Earn 14.6% Annualized

    Investors considering a purchase of Innodata Inc stock, but cautious about paying the going market price of $3.17/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $2.50 strike, which has a bid at the time of this writing of 15 cents.

  • Commit To Buy VAALCO Energy At $5, Earn 15.4% Annualized

    Investors considering a purchase of VAALCO Energy, Inc. stock, but cautious about paying the going market price of $6.07/share, might benefit from considering selling puts among the alternative strategies at their disposal.

  • Commit To Purchase Hhgregg At $14, Earn 14.1% Annualized

    Investors eyeing a purchase of hhgregg Inc shares, but cautious about paying the going market price of $17.01/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2014 put at the $14 strike, which has a bid at the time of this writing of $1.15.

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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.

Markets
S & P | Nasdaq | NYSE |

NEW YORK (TheStreet) -- Major U.S. stock markets were slipping as the Federal Reserve said it will maintain its current stimulus program of buying $85 billion per month to help sustain the economy's recovery.

The S&P 500 was falling 0.5% or 9.3 points, to 1,642.64 while the Dow Jones Industrial Average was off 0.1% to 15,299.54. The Nasdaq was dropping 0.5% to 3,466.5.

The Fed voted to maintain its current policy by a vote of 10 in favor and 2 against. The central bank, in a statement, said "downside risks to the outlook for the economy and the labor market as having diminished since the fall."

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