Art Cashin of UBS Financial Services tells CNBC's Dominic Chu the stock market is looking better but there's still a big potential negative looming.» Read More
Crude dropped on Wednesday, after data showing a surprise jump in U.S. gasoline stockpiles sparked worries that summer demand could be weaker than expected.
Home sales were essentially flat in April; the big news came in inventory, reports CNBC's Diana Olick.
Find out why the Hamptons could be giving us a clue about the stock market's next move.
Matthew Cheslock, Virtu Financial, shares his view on the trading day.
Peter Costa, Empire Executions, doesn't think the Fed is going to "do anything different," after listening to Ben Bernanke's testimony today on Capitol Hill.
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CNBC's Steve Liesman provides perspective on Fed Chairman Ben Benanke's testimony today at a Joint Economic Committee hearing on the economic outlook.
Rep. Sean Duffy asks the Fed's Bernanke if from a policy perspective if there a way to negotiate a bipartisan solution to rising health care costs.
Sen. Robert Casey, (D-PA), asks the Fed Chairman if he can see any way to reach a bipartisan solution to reforming the current tax law. The ideal solution is to "broaden the base" and "lower the tax rate," Bernanke said.
Sen. Pat Toomey, (R-PA), is concerned how the markets will react if the Fed decides to suddenly sell its holdings. "There is no risk-free strategy," Bernanke counters, but there are "contingency plans" in place he said.
Rep. Loretta Sanchez is concerned tight mortgage lending requirements are making it difficult for the middle-class to become homeowners and forcing them to become renters. "Lending requirements are still too tight," Bernanke agrees.
Sen. Daniel Coats, (R-IN), asks how long-term low rates will impact the nation's growing debt problem. Bernanke says the Fed is keeping "close attention" to the potential problem.
'A number of participants' on the FOMC this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as summer.
The dollar rallied to trade at a fresh 4 1/2-year high against the yen after Fed Chairman Ben Bernanke warned that holding interest rates too low for too long has its risks.
U.S. home resales rose to the highest level in nearly 3½ years as surging prices lured sellers back into the market, which should support the housing sector and economic recovery.
Federal Reserve Chairman Ben Bernanke address the Joint Economic Committee on Capitol Hill about the economic outlook.
Federal Reserve Chairman Ben Bernanke explains to a Congressional economic committee that the Fed will wind down QE in a way that does no "disrupt" markets.
Steven Ricchiuto,Mizuho Securities; and David Kelly, JP Morgan Funds, provide their views on whether the Fed's chairman will begin to taper its bond-buying program.
Fed Chair Ben Bernanke told Congress the U.S. job market remains weak, and it is too soon to end its stimulus. Stocks spiked on his comments.
CNBC's Steve Liesman reports the Fed will conduct its dovish policy on the economy.
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