Stocks climb as investors shrug off debt concerns
AP - Wed Dec 9, 6:08 pm ETInvestors set aside some of their concerns about rising debt levels around the world and looked for bargains after a two-day slide in stocks.
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Investors set aside some of their concerns about rising debt levels around the world and looked for bargains after a two-day slide in stocks.
Treasurys fell Wednesday, reversing two days of strong gains, after an auction of 10-year notes showed weakening demand for the first time in four months.
Federal Reserve Chairman Ben Bernanke is speaking as though the Fed has controls over unemployment as well as price stability. That's a sure way to get Congress to exercise the authority by which it created the Fed and start overseeing it more closely.
The stock market turned higher as gains in shares of materials and technology companies offset concerns about mounting debt levels around the world.
The USD/JPY has been under pressure ever since Fed Chairman Ben Bernanke threw cold water on the prospect that the central bank would start tightening in the near-term. U.S. interest rate expectations and the dollar soared following a better than expected Non-farm payroll report sending the pair higher before the top policy maker recommitted to leaving rates low for the foreseeable future.
They all laughed at Fulton and his steamboat, Hershey and his chocolate bar ...— George GershwinAnd at Rep. Ron Paul , the 2008 presidential candidate who had the zany idea that the Federal Reserve system could become a sizzling political issue. Ben Bernanke , chairman of the Fed, who does not laugh promiscuously, knows that it is no laughing matter that Paul has 317 co-sponsors for a bill to ...
The next time you hear the phrase No good deed goes unpunished, consider the plight of Fed Chairman Ben Bernanke , who has been nominated for a second, four-year term by President Barack Obama .
They all laughed at Fulton and his steamboat, Hershey and his chocolate bar ... -- George Gershwin WASHINGTON -- And at Rep. Ron Paul , the 2008 presidential candidate who had the zany idea -- as many laughing people thought -- that the Federal Reserve system could become a sizzling political issue. Ben Bernanke , chairman of the Fed, who does not laugh promiscuously, knows that it is no ...
Ben Bernanke, chairman of the Federal Reserve, knows that it is no laughing matter that there are 317 co-sponsors for a bill to open the Fed's books to "audit" by the comptroller general.
In President Barack Obama's hands, the $700 billion financial rescue fund offers a bit of bookkeeping magic: an opportunity to pay down the deficit while also spending more — thereby adding to it.
WASHINGTON - And at Rep. Ron Paul, the 2008 presidential candidate who had the zany idea - as many laughing people thought - that the Federal Reserve system could become a sizzling political issue.
Dec. 10 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke delivered the wrong speech this week at the Economic Club of Washington. The correct script appears in “How Markets Fail,” an admirably lucid account of how “utopian economics” drove us to disaster.
The euro recouped some of its recent losses against the dollar on Wednesday, but analysts warned that selling pressure may return on renewed debt worries surrounding Dubai and Greece.
European equities fell further on Wednesday, extending recent heavy losses amid mounting anxiety about government debt in Dubai and Greece, and ahead of a key budget statement in London, dealers said.
They all laughed at Fulton and his steamboat, Hershey and his chocolate bar ... — George GershwinWASHINGTON — And at Rep. Ron Paul , the 2008 presidential candidate who had the zany idea — as many laughing people thought — that the Federal Reserve system could become a sizzling political issue. Ben Bernanke , chairman of the Fed, who does not laugh promiscuously, knows that it is no laughing ...
Barney Frank blows up at people. It’s what he does.