Tapering

U.S. stocks rose following the FOMC minutes which stated that the Fed is on track for a final month of tapering in October. The Fed plans to slash $15 billion from its monthly asset purchasing program at that time. “Some committee members had been asked by members of the public whether...

U.S. stocks rose as investors cheered the latest move by the Federal Reserve who stacked on another $10 billion to its tapering effort. By doing so, the central bank has lowered its asset purchases to $45 billion per month. “Information received since the Federal Open Market Committee met in...

U.S. stocks rose on Tuesday as the Federal Reserve's new Chief Janet Yellen reassured investors that she is the right person for the job. In her congressional testimony, Yellen promised to stay the course in regards to the Federal Open Market Committee's approach to monetary policy. Yellen also...

After a record setting 2013 bull market, investors are showing signs of holding companies earnings to higher standards. The Wall Street Journal reported that “some of the most recognizable names in American business have suffered large share-price declines following quarterly reports deemed...

BlackRock (NYSE: BLK) Chief Executive Officer Laurence Fink said that recent market declines seen worldwide is merely a temporary setback and not a sign of slowing economic growth. Fink, who oversees $4.3 trillion in assets, told Bloomberg, “I look at this as a good old-fashioned correction” as...

U.S. stocks rose today as investors and traders felt that there were plenty of bargains in the market to be found. "Today is just a bounce. I don't think there is really that much behind it, other than some bargain hunters stepping in," Robert Pavlik, a chief market strategist said to CNBC....

The main question going in to Tuesday's trading session was whethere the Fed will decide to scale back its $85 billion monthly bond buying program. A budget deal in Congress and solid economic data make the case that tapering will begin sooner rather than later. Major indices were virtually...

On Tuesday and Wednesday, the Federal Reserve will meet for the last time in 2013. The final policy meeting of the year will provide further clarity on the hotly debated question of when, or if, the Fed will begin to scale back on its $85 billion-a-month bond buying program. In June, the Fed'...

Major indices began selling straight at the opening bell as investors drew closer to the conclusion that the Fed could scale back its bond buying activity as soon as next week following the new budget deal. Helping the Fed taper argument was a report released by BlackRock which made the case...

After starting the week hitting record closes yesterday, major indices slipped in today's trading session. Investors are anxiously awaiting next week's Federal Reserve meeting which it is becoming more and more apparent that tapering is set to begin sooner, rather than later. The meetings will...

Stock futures pointed to a lower open following premarket data revealing that the U.S. economy and job market are improving faster and stronger than expected. Selling began at the bell and continued for the entire day as major indices failed to hold on to any rallying gains. Investors and...

Last week’s release of the October Federal Open Market Committee Minutes included a brief, but important discussion that, if acted on, could significantly change the way U.S. banks operate. The main focus of the meeting had to do with the possibility of the Federal Reserve tapering the $85...

Investors and traders welcomed news of lower than expected inflation. The U.S. Labor Department monthly Consumer Price Index (CPI) data for October fell 0.10 percent, compared to an estimated flat reading. Year over year, the index is up 1.00 percent, in line with expectations. The Fed's target...

Tuesday, Chicago Fed boss Charles Evans said that 2013 growth will likely fall short of expectations. In what is clearly a growing sign of Twitter's (NYSE: TWTR) ability to deliver news, the Chicago Fed live-tweeted Evan's speech which was given to Illinois bankers. Most notable was: @...

Barry Knapp, managing director at Barclays (NYSE: BCS) Capital, believes that the Federal Reserve will be cutting back their accommodative bond-buying (tapering) even though August's jobs report was on the lower side. He talked about this view on CNBC's Squawk Box Monday morning. "I think the...