Financial news on September 16, 2016

Business and Financial news
Actually, Income in Rural America Is Growing, Too

A widely reported fact from the new Census Bureau turns out, on closer inspection, to be wrong. Read more..

By QUOCTRUNG BUI - The New York Times

Beguiling Would-Be Buyers With the Showroom

The property showroom, fully equipped down to the kitchen sink, proclaims: This is your taste, these are your aspirations, this is the home for you. Read more..

By RICHARD HOLLEDGE - International New York Times

Buying a Mattress Online Was Easy. Now, About the Return.

Web-based mattress retailers vow they’ll take the product back if it flunks a comfy-sleep test. And they do, but it’s not simple. Read more..

By RON LIEBER - The New York Times

EpiPen Maker Lobbies to Shift High Costs to Others

Inclusion on a federal list would mean Mylan could keep its list price high — or even raise it — without patients’ complaining. But consumers would feel it indirectly. Read more..


For College Athletes, Financial Coaching From Retired Pros

Former players like the N.F.L.’s Bart Scott and the N.B.A.’s Antoine Walker use their experiences to help students face the future inside or outside sports. Read more..

By PAUL SULLIVAN - The New York Times

Going for the Gold in the Golden Years

Many fitness-oriented older Americans, some who came to sports later in life, test themselves in local, state and national competitions like the Senior Games. Read more..

By AMY ZIPKIN - The New York Times

Investors Stick With Assets That Mimic Hedge Funds

Despite setbacks at other funds and lagging returns, retail investors have stayed with liquid alternatives, even as they have pulled money from other funds. Read more..

By RANDALL SMITH - The New York Times

Morning Agenda: Wells Fargo Subpoenaed, Another Merger in Agriculture, a Fragile Rebound

Criminal charges are now a possibility in the Wells Fargo scandal after the bank received subpoenas from three United States attorneys’ offices. Read more..

By AMIE TSANG - The New York Times

On Capri, a Cliffside Villa With Landmark Vistas

The Villa L'Eremo, which looks upon the Faraglioni, the towering rock formations that rise from the Mediterranean, is for sale for 9 million euros. Read more..

By KATHLEEN BECKETT - International New York Times

Wells Fargo Scandal Offers a Chance to Punish Big Bank Executives

Prosecutors and regulators have often struggled to find definitively who is at fault for misdeeds at big banks, while more easily penalizing small lenders. Read more..

By GINA CHON - The New York Times

Stock Markets

Values are reported in US Dollars

StockTicker symbolOpenHighLowCloseVolume
General ElectricGE29.6329.7529.5429.6864.9M
Wells Fargo & Co.WFC45.7045.8745.2545.4351.9M
Oracle Corp.ORCL39.6139.9538.7138.9250.7M
AT&T Inc.T40.3440.4139.9040.2041.3M
Cisco SystemsCSCO31.1231.1430.7030.8437.4M
JPMorgan ChaseJPM66.0966.2665.4465.8225.2M
Procter & GamblePG87.6288.1187.3088.0523.5M
Verizon CommunicationsVZ51.8951.9751.6251.8819.9M
HP Inc.HPQ14.7414.8014.4914.5318.5M
Abbott LaboratoriesABT40.9542.0340.8341.8715.8M
Wal-Mart StoresWMT72.3272.9672.2272.8713.9M
General MotorsGM31.1331.1330.6130.9712.8M
Johnson & JohnsonJNJ118.51119.14118.12118.2512.4M
Bristol-Myers SquibbBMY56.2256.4155.5355.6012.1M
Berkshire HathawayBRK.B146.11146.23144.68145.0111.1M
Walt Disney & Co.DIS92.2792.7491.8092.5610.6M
Gilead SciencesGILD78.8579.1978.4178.8010.3M
United TechnologiesUTX102.57102.5799.85100.107.72M
UnitedHealth GroupUNH135.61138.55135.53138.477.42M
Home DepotHD127.02127.02125.70126.116.94M
International Business MachinesIBM155.04155.40153.47153.846.46M
Union PacificUNP92.5093.1491.7692.385.19M
Exchange Rates of September 16, 2016
CurrenciesExchange Rates
US DollarEuro1 USD = 0.896 EUR1 EUR = 1.116 USD
US DollarJapanese Yen1 USD = 102.270 JPY1 JPY = 0.010 USD
US DollarPound Sterling1 USD = 0.769 GBP1 GBP = 1.300 USD
US DollarAustralian Dollar1 USD = 1.333 AUD1 AUD = 0.750 USD
US DollarCanadian Dollar1 USD = 1.321 CAD1 CAD = 0.757 USD
US DollarSwiss Franc1 USD = 0.980 CHF1 CHF = 1.021 USD
US DollarChinese Yuan1 USD = 6.671 CNY1 CNY = 0.150 USD
US DollarMexican Peso1 USD = 19.534 MXN1 MXN = 0.051 USD
US DollarSwidish Krona1 USD = 8.545 SEK1 SEK = 0.117 USD
EuroJapanese Yen1 EUR = 114.138 JPY1 JPY = 0.009 EUR
EuroPound Sterling1 EUR = 0.858 GBP1 GBP = 1.165 EUR
EuroAustralian Dollar1 EUR = 1.485 AUD1 AUD = 0.673 EUR
EuroCanadian Dollar1 EUR = 1.470 CAD1 CAD = 0.680 EUR
EuroSwiss Franc1 EUR = 1.094 CHF1 CHF = 0.914 EUR
EuroChinese Yuan1 EUR = 7.442 CNY1 CNY = 0.134 EUR
EuroMexican Peso1 EUR = 21.807 MXN1 MXN = 0.046 EUR
EuroSwidish Krona1 EUR = 9.552 SEK1 SEK = 0.105 EUR
Japanese YenPound Sterling1 JPY = 0.008 GBP1 GBP = 133.333 JPY
Japanese YenAustralian Dollar1 JPY = 0.013 AUD1 AUD = 76.923 JPY
Japanese YenCanadian Dollar1 JPY = 0.013 CAD1 CAD = 77.519 JPY
Japanese YenSwiss Franc1 JPY = 0.010 CHF1 CHF = 104.167 JPY
Japanese YenChinese Yuan1 JPY = 0.065 CNY1 CNY = 15.337 JPY
Japanese YenMexican Peso1 JPY = 0.191 MXN1 MXN = 5.236 JPY
Japanese YenSwidish Krona1 JPY = 0.083 SEK1 SEK = 12.019 JPY
Pound SterlingAustralian Dollar1 GBP = 1.733 AUD1 AUD = 0.577 GBP
Pound SterlingCanadian Dollar1 GBP = 1.716 CAD1 CAD = 0.583 GBP
Pound SterlingSwiss Franc1 GBP = 1.274 CHF1 CHF = 0.785 GBP
Pound SterlingChinese Yuan1 GBP = 8.672 CNY1 CNY = 0.115 GBP
Pound SterlingMexican Peso1 GBP = 25.410 MXN1 MXN = 0.039 GBP
Pound SterlingSwidish Krona1 GBP = 11.128 SEK1 SEK = 0.090 GBP
Australian DollarCanadian Dollar1 AUD = 0.989 CAD1 CAD = 1.011 AUD
Australian DollarSwiss Franc1 AUD = 0.735 CHF1 CHF = 1.361 AUD
Australian DollarChinese Yuan1 AUD = 5.004 CNY1 CNY = 0.200 AUD
Australian DollarMexican Peso1 AUD = 14.661 MXN1 MXN = 0.068 AUD
Australian DollarSwidish Krona1 AUD = 6.419 SEK1 SEK = 0.156 AUD
Canadian DollarSwiss Franc1 CAD = 0.742 CHF1 CHF = 1.347 CAD
Canadian DollarChinese Yuan1 CAD = 5.054 CNY1 CNY = 0.198 CAD
Canadian DollarMexican Peso1 CAD = 14.808 MXN1 MXN = 0.068 CAD
Canadian DollarSwidish Krona1 CAD = 6.483 SEK1 SEK = 0.154 CAD
Swiss FrancChinese Yuan1 CHF = 6.802 CNY1 CNY = 0.147 CHF
Swiss FrancMexican Peso1 CHF = 19.933 MXN1 MXN = 0.050 CHF
Swiss FrancSwidish Krona1 CHF = 8.733 SEK1 SEK = 0.115 CHF

See what else happened on September 16, 2016