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Delayed dreams: Many returning students among class of 2013
The bright, optimistic faces of the class of 2013 will include more than a few with lines of experience and a perhaps even a smattering of gray hairs.Older Americans make up a significant chunk of students who have headed into the classroom in recent years, and are now heading out into the job market in the hopes that their degrees will help them land a job in the improving economy.Nearly 3.9 mill...
German tech company recruits people with autism
German software giant SAP AG said Tuesday it plans to recruit people with autism to take make full use of their talents to process information.Autism is a developmental disorder characterized by difficulties in communicating, emotional detachment and rigid or repetitive behavior. But some people with mild autism can perform complex mathematical tasks much better than the average population."SA...
Stocks open higher ahead of Bernanke testimony
Stocks opened higher on Wednesday as markets await Congressional testimony from Federal Reserve chief Ben Bernanke on the economy and monetary policy at 10:00 a.m. for any hints as to when the central bank may consider reducing quantitative easing.The Dow Jones Industrial Average opened higher, led by Pfizer after it said it will spin off its majority stake in animal health business Zoetis to...
How to tie the knot on a shoestring
Thinking of getting married? Get out your wallet.The average cost of a wedding is as high as $28,400 by one estimate, and close to $26,000 by another. After plummeting in the wake of the financial crisis, spending on nuptials resumed its rise in 2010, and is once again approaching the record set before the financial crisis."In today's environment, the bride and groom are paying more of the cost. W...
Sales of previously owned homes hit highest in 3-1/2 years
U.S. home resales rose in April to the highest level in nearly 3-1/2 years as surging prices lured sellers back into market, which should support the housing sector and the overall economic recovery.The National Association of Realtors said on Wednesday existing home sales advanced 0.6 percent to an annual rate of 4.97 million units, the highest level since November 2009.The March sales pace was r...
Bernanke: Fed to keep its foot on the economy's gas pedal
The Federal Reserve's monetary stimulus is helping the U.S. economy recover, and the central bank needs to see further signs of traction before taking its foot off the gas, central bank chairman Ben Bernanke said on Wednesday. In testimony that offered no sign that he is ready to retreat from the Fed's latest round of bond buying, Bernanke emphasized the high costs of unemployment and inflation th...
