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Economic Preview: US Employment Report
Thursday, January 9, 2014 - 12:33pm | 440Read More...The U.S. Bureau of Labor Statistics is set to release the widely anticipated December Employment Report on Friday at 8:30 a.m. EST. Analysts expect the December unemployment rate to remain at the five-year low of seven percent that was reached in November. Nonfarm payrolls, which measures the...
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UPDATE: Bernanke Talks Down Tapering Fears As Markets Plunge
Wednesday, June 19, 2013 - 3:57pm | 395Read More...Stocks sank following the Fed's interest rate decision and continued to trade lower during Chairman Bernanke's press conference. He talked down tapering fears while dodging questions related to his future at the Fed and hinted that easing could continue longer than previously thought. Not a...
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Bernanke Favors Continued Fed Stimulus
Wednesday, May 22, 2013 - 12:04pm | 726Read More...Fed Chairman Ben Bernanke addressed the Joint Economic Committee of Congress Wednesday morning. He faced some opposition from those who believe that the Fed's easy money policies from low rates and bond purchases were hurting savers, fostering financial imbalances, and could be creating inflation...
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Benzinga Market Primer: Monday, March 4
Monday, March 4, 2013 - 7:15am | 959Read More...Futures Lower on Weak Chinese Data, Italy Fears U.S. equity futures fell in early pre-market trade Monday following weaker than expected data from China and also on continued fears surrounding the state of Italian politics. New data showed that China's services sector grew faster than expected in...
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Ben Bernanke Addresses Michigan Students at the Ford School
Monday, January 14, 2013 - 7:07pm | 404Read More...Federal Reserve Chairman Ben Bernanke spoke Monday at the University of Michigan's Ford School, addressing students on monetary policy. In the conversation setting, the Chairman addressed pressing issues such as the Debt Ceiling, Fed Policy, and Fed Independence. Bernanke opened the conversation...
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Bernanke Addresses Michigan's Ford School on Monetary Policy
Monday, January 14, 2013 - 6:30pm | 514Read More...Note: Earlier Bernanke comments can be found here. Update: Bernanke Says Fed Has Dual Mandate, Stable Inflation and Full Employment, Employment Mandate 'Motivates and Justifies' Aggressive Monetary PolicyUpdate: Bernanke Says Risk of Inflation From Policy Exists, Will Monitor Closely to Maintain...
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Ben Bernanke Speaks to University of Michigan Students
Monday, January 14, 2013 - 5:35pm | 230Read More...Today, Federal Reserve Chairman Ben Bernanke is speaking to students at the University of Michigan on monetary policy. Benzinga is at the event and will be posting live updates as Bernanke speaks. Bernanke Speaking, Says Fiscal Policy Has Two Big Issues, Long Run Debt Sustainability and Fragile...
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Will the Fed Ease Today?
Thursday, September 13, 2012 - 12:28pm | 332Read More...The Federal Reserve is expected to announce a third round of quantitative easing (QE) today according to a majority of economists surveyed by Bloomberg. The Fed's Federal Open Market Committee (FOMC) has been meeting the since Wednesday discussing possible actions to help the weak economy. Two...
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A Peek Into The Market Before The Trading Starts
Friday, August 31, 2012 - 7:20am | 390Read More...Pre-open movers US stock futures are higher this morning, as investors are awaiting Federal Reserve Chairman Ben Bernanke's speech in Jackson Hole. Futures for the Dow Jones Industrial Average surged 76 points to 13,058.00 and S&P 500 index futures rose 8.20 points to 1,405.30. Nasdaq 100...
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More ETFs For QE3 (XHB, XES, FXA)
Wednesday, March 28, 2012 - 11:14am | 720Read More...It's beginning to feel a lot like QE3 everywhere you go. Pilfering lines from Christmas classics aside, seriously, there have been hints that the market might yet be treated to another round of quantitative easing courtesy of the Federal Reserves. The hints are there, one just needs to know where...
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Fossil Shares Hit the Rocks, But is it Time To Get In?
Tuesday, November 8, 2011 - 3:48pm | 674Read More...It looks like the watch business may be seeing its time end - or is the timing just off? Fossil, Inc. (NASDAQ: FOSL) reported third quarter earnings that beat Wall Street estimates. The company lowered fourth quarter earnings below Wall Street estimates, sending shares down as much as 8% this...
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How to Play Today's FOMC Meeting
Tuesday, November 1, 2011 - 2:46pm | 929Read More...Today is the latest meeting of the Federal Open Market Committee, and honestly very few people know what to expect out of the meeting. Also keep in mind that this is Ben Bernanke's third press conference, after the FOMC decided to have Bernanke give press conferences to discuss monetary policy,...
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US Stock Futures Mixed Ahead Of Earnings Reports; IBM Shares Down In Pre-Market
Tuesday, October 18, 2011 - 6:02am | 460Read More...US stock futures are mixed this morning, as investors are awaiting earnings reports from major companies. Futures for the Dow Jones Industrial Average dropped 21 points to 11,280.00 and S&P 500 index futures fell 1.20 points to 1,192.70. Nasdaq 100 futures surged 7.75 points to 2,328.75. US...
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Ben Bernanke, You're Fired!
Friday, October 14, 2011 - 3:08pm | 594Read More...Ben Bernanke should be fired. Yup. That's right. The Chairman of the Federal Reserve should lose his job. The Federal Reserve has done nothing useful to help maximize employment (one of two mandates), but has certainly increased inflation (controlling it is the other mandate). Since the Great...
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Is America No Longer Great?
Thursday, September 29, 2011 - 10:08am | 730Read More...This morning we got better than expected initial claims data, with claims falling under 400,000 for the first time in what seems like forever, but that does not mean it's "all systems go" on the jobs front. We had 391,000 people filing jobless claims for the first time, as opposed to 420,000....
