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Cramer: Astonished more people weren't disheartened

It's a surprise that investors felt like buying after Tuesday's market action, according to CNBC's Jim Cramer. In a CNBC special report Wednesday night, Cramer said "the psychology had changed" as equities markets snapped a six-day losing streak. "I was actually astonished this morning that more people weren't disheartened by what happened yesterday-the buyers came right in again," he said. In ...
Source: CNBC.com | By: Everett Rosenfeld
Seven reasons why the market has gone totally nuts

There have been so many factors influencing the market's twists and turns now that it's easy to lose count. Let's, however, take a look at seven that seem to be the most prevalent influences of the rapid-fire price action lately. 1. Price discovery The notion that the marketplace actually can find a rational price, absent the influence of meddling central bankers, seems almost quaint. But we ...
Source: CNBC.com | By: Jeff Cox
Farm income seen falling 36% in 2015

U.S. farm income is forecast to decline 36 percent in 2015, worse than originally projected-and representing the lowest farm income since 2006, according to the government. "Both net cash and net farm income for farms are forecast to decline for the second consecutive year after reaching recent historic highs in 2013," said the U.S. Department of Agriculture. According to USDA, net farm income ...
Source: CNBC.com | By: Jeff Daniels
DC regulators reject proposed merger of Exelon, Pepco

WASHINGTON (AP) - Regulators in the District of Columbia rejected the proposed merger of power companies Exelon and Pepco on Tuesday, saying the deal would not benefit ratepayers. The three-member D.C. Public Service Commission voted unanimously to reject the merger. It had already been approved by the Federal Energy Regulatory Commission and by Delaware, Maryland, New Jersey and Virginia, ...
Source: The Associated Press | By: By BEN NUCKOLS, Associated Press
Women work for free nearly 2 hours a day: CMI  

Media Link
Source: CNBC.com
Exelon, Pepco merger proposal blocked

The Public Service Commission of the District of Columbia on Tuesday delivered a potential knockout blow to Exelon (NYSE: EXC)'s $6.8 billion bid for Pepco (NYSE: POM) Holdings, denying the companies' merger request. In a surprise ruling that sent shares of Pepco tumbling nearly 20 percent and Exelon shares down almost 6 percent, the three-member commission said the companies had not proven ...
Source: Reuters
Tech startups want to change the way you drive

SAN FRANCISCO (AP) - A veteran computer scientist hates sitting in his car at stop lights, so he creates software that makes the experience less annoying. A former engineering professor wants to double the range of today's electric vehicles. And an aeronautics expert believes flying cars shouldn't be science fiction. It's no secret that technology is changing the car industry. The major ...
Source: The Associated Press | By: By BRANDON BAILEY, AP Technology Writer
UPDATE 2-Fed's Lockhart sees 2015 rate hike, but reading inflation 'tricky'

* Lockhart says drop in oil prices clouds inflation outlook * Gradual rate increases means not at every meeting, he says (Adds comments on inflation) BERKELEY, Calif., Aug 24 (Reuters) - A top U.S. central banker appears to have cooled to the idea of an interest rate hike next month, saying on Monday only that the Federal Reserve will likely begin raising rates "sometime this year." Just two ...
Source: Reuters | By: Ann Saphir
UPDATE 1-Market turmoil threatens Fed's rate-hike plans

(Adds Fed's Lockhart in paragraph 6) WASHINGTON/NEW YORK, Aug 24 (Reuters) - Turmoil in world financial markets and growing fears of a China-led global economic slowdown threaten to derail the Federal Reserve's plans to soon start raising interest rates from near zero, dimming the chances of a September lift-off. A near 9-percent dive in Chinese shares on Monday triggered sharp sell-offs in ...
Source: Reuters | By: Jason Lange and Jonathan Spicer
Why Apple remains our top pick: Analyst  

Media Link Transcript We still like the stock here I guess there's an elder Jones you know the bigger you are that the harder you fall in some respects but he aircraft premarket as you noted straighter about ten times counter sixteen earnings. And we're still positive on the overall operating trends look China's a wild card you know all of us we think a company that. Well all you guys in all ...
Source: CNBC.com