Yellen says pay growth sluggish despite job gains
Fed Chair Janet Yellen told Congress the labor market showed progress toward maximum employment but remains not fully healed. She opposed audit legislation and signaled the Fed would remain patient before raising rates, with June earliest possible, citing low inflation and global risks.
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Washington
Federal Reserve
Janet Yellen
Central Bank
Federal Open Market Committee
Yellen
Senate Banking Committee
Fed
Congress
Yeu
Richard Shelby
R-Ala
Banking Committee
U.S
China
House Financial Services Committee
Used cars sold with unfixed recalls raise safety concerns
Carfax findings show more than 46 million U.S. vehicles have unrepaired recall defects, about one fifth of all cars. Last year roughly 5 million were sold to new owners. Ohio hosts 1.9 million. Regulators push for dealer repair rules while some favor recall disclosure via a new database.
MENTIONED IN THIS ARTICLE
Detroit
U.S
Carfax
Ohio
Chris Basso
How to Check for Vehicle Recalls Before Buying
Learn to protect yourself by checking recalls with a 17 digit VIN from the dashboard or seller. Use the safecar VIN lookup site to confirm recalls, get a vehicle history report from Carfax or AutoCheck, ask the dealer to verify recalls, and consider certified pre owned cars where recalls are checked and fixed before sale.
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National Highway Istration
Vinrcl
Safercar.gov
Carfax
Experian
AutoCheck
Driver Air Bag Recall Fatality Highlights Unfixed 2002 Honda Accord
A 35 year old father of two, Carlos Solis, died near Houston from air bag shrapnel in a 2002 Honda Accord after a 2011 Takata recall. The car changed hands to an independent Houston dealer later. previous owners and the dealer did not perform the repair. The suit targets Takata Honda and the dealer. no recall to new owners is required by law.
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Carlos Solis
Houston
Solis
Takata Corp
Rob
Ammons
Takata
Honda
John Castro
Glen Burnie
Maryland
Koons Ford
Baltimore
Stocks hit new highs on Fed patience and Greece aid
U.S. benchmarks rose to records as investors welcomed Janet Yellen's pledge of patience on rate hikes. The Dow and S&P reached fresh highs, Nasdaq extended gains, aided by Greek rescue progress and solid Home Depot earnings.
MENTIONED IN THIS ARTICLE
Ond
Lefkowitz
UBS Wealth Management Research
Fed
Greece
Home Depot
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Risher and
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The
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Alex Veiga
Standard & Poor
Keh Sore
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Paulie
Ham
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