Subaru recalling 82,661 Tribeca SUVs because hoods can open DETROIT— Subaru is recalling 82,661 Tribeca SUVs because their hoods can open unexpectedly while driving. Subaru says rust or grease buildup can cause the springs in the hood to seize up and stop working. First, Subaru dealers will inspect, clean and lubricate the hood system.
Source: The Associated Press
Is a home the new luxury item? Almost half of those who don't own a home say their financial situation is standing in the way, according to a recent report.
| By: Jessica Dickler
UPDATE 1-Fed's Yellen says global risks could pose U.S. growth threat WASHINGTON, Feb 10- Tightening financial conditions driven by falling stock prices, uncertainty over China and a global reassessment of credit risk could throw the U.S. economy off track from an otherwise solid course, Federal Reserve Chair Janet Yellen said on Wednesday in prepared testimony to Congress. In remarks that combined a steady-as-she-goes...
| By: Howard Schneider and Lindsay Dunsmuir
US STOCKS-Wall St rises as Yellen hints at "gradual" rate hikes *Yellen sees "gradual" adjustments to monetary policy. Feb 10- Wall Street was higher on Wednesday, led by financial stocks, after Federal Reserve Chair Janet Yellen said conditions in the United States would allow the Fed to pursue "gradual" adjustments to monetary policy. However, tightening financial conditions driven by falling stock prices, uncertainty over...
| By: Abhiram Nandakumar
CANADA STOCKS-TSX rises as financial stocks rebound TORONTO, Feb 10- Canada's main stock index rose on Wednesday, clawing back some losses at the start of the week, including gains for beaten up financial stocks. The Toronto Stock Exchange's S&P/TSX composite index was up 65.12 points, or 0.53 percent, at 12,347.77, shortly after the open. Seven of the index's 10 main groups were higher.