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Ben Bernanke

A collection of news and information related to Ben Bernanke published by this site and its partners.

Top Ben Bernanke Articles

Displaying items 89-99
  • Stocks soar to new records on hopes for continued stimulus

    Stocks soar to new records on hopes for continued stimulus
    The stock market streaked to new highs Thursday as investors remained hopeful that the Federal Reserve's easy money policies will continue to drive the U.S. economy. The Dow Jones industrial average and the Standard & Poor's 500 index, the two most...
  • Wells Fargo, JPMorgan 2nd-quarter profits beat Wall Street forecasts

    Wells Fargo, JPMorgan 2nd-quarter profits beat Wall Street forecasts
    Wells Fargo & Co. booked a record $5.5 billion in profit during the second quarter despite a dramatic rise in mortgage rates and signs of a slowdown in its refinancing business. The 19% year-over-year jump in earnings for the nation's largest home...
  • Bernanke says Fed not on 'preset course' to reduce stimulus

    Bernanke says Fed not on 'preset course' to reduce stimulus
    WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke said Wednesday that he expected the central bank to start tapering its bond-buying stimulus program this year, but that there was not a "preset course" to doing so. The Fed's plan to begin...
  • Bernanke: Markets starting to understand Fed's stimulus message

    Bernanke: Markets starting to understand Fed's stimulus message
    WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke on Wednesday admitted there has been some confusion as the central bank has tried to explain plans to scale back its stimulus policies, but said he thought financial markets were "beginning to...
  • Things to know for Wednesday

    Things to know for Wednesday
    Toronto residents and their Baltimore cousins are fighting heat. (Ours is worse, but they have less cooling infrastructure to fight it.) A cartoonist/runner, meanwhile, is fighting what he calls "The Blerch." And Tour de France riders are fighting for the...
  • Bernanke says Federal Reserve is 'focused on Main Street'

    WASHINGTON — The Federal Reserve's efforts to explain how its unprecedented economic stimulus will be phased out might rattle Wall Street, but Chairman Ben S. Bernanke said the aim is clear — avoiding a severe market reaction that would hurt...
  • Initial jobless claims drop sharply to 334,000, near five-year low

    Initial jobless claims drop sharply to 334,000, near five-year low
    WASHINGTON -- Initial jobless claims dropped sharply last week to 334,000, close to a five-year low, the Labor Department said Thursday. The number of people filing for first-time unemployment benefits was down 24,000 from the previous week's revised...
  • Obama may choose between two economists to replace Bernanke at Fed

    WASHINGTON — President Obama's choice for replacing Federal Reserve Chairman Ben S. Bernanke probably comes down to a quiet consensus builder, who would be a historic pick, or one considered brilliant but difficult to work with. Through...
  • Stocks hit fresh highs, but Google, Microsoft earnings disappoint

    Stocks hit fresh highs, but Google, Microsoft earnings disappoint
    Enjoy the stock market's latest record while you can. The Dow Jones industrial average and Standard & Poor's 500 index both turned in fresh highs Thursday, propelled by favorable earnings and a drop in jobless claims. Share prices also got a boost...
  • Stocks boosted by strong profit reports from Wall Street banks

    Stocks boosted by strong profit reports from Wall Street banks
    NEW YORK — Investors pushed major U.S. indexes to a fresh round of all-time highs this week after strong profit reports from Wall Street banks were seen as another sign that the economy is improving. Citigroup Inc., Goldman Sachs and Morgan...
  • Half of economists in poll expect Fed to taper stimulus in Sept.

    Half of economists in poll expect Fed to taper stimulus in Sept.
    WASHINGTON -- Half of economists in a poll released Tuesday said they expected the Federal Reserve to start tapering its monthly bond-buying purchases in September. The percentage was up from last month, when 44% of economists in the survey by Bloomberg...