NBC's Erika Gonzalez reports on the aftermath of the Oklahoma tragedy. Meanwhile Sen. Marco Rubio, (R-FL), shares his views on the IRS scandal in Washington.» Read More
SYDNEY, May 22- Asian stocks rose on Wednesday following a positive lead from Wall Street with Japan's Nikkei reaching a 5-1/ 2 year high, while the yen took a defensive stance ahead of the outcome of the Bank of Japan's policy meeting. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent, reversing some of Tuesday's 0.4 percent decline.
NBC's Erika Gonzalez reports on the aftermath of the Oklahoma tragedy. Meanwhile Sen. Marco Rubio, (R-FL), shares his views on the IRS scandal in Washington.
Find out what The Wall Street Journal's Jon Hilsenrath thinks Bernanke will say before Congress on Wednesday.
Investors are focusing on whether the Fed will start tapering its economic stimulus, with CNBC's Steve Liesman and Jeff Cox.
FED WATCH: Stock indexes wobbled in early trading Tuesday, then turned higher just before noon. That's when news crossed that James Bullard, a Federal Reserve official, told an audience that the Fed should stick with its bond-buying effort to bolster the economy.
NEW YORK/ FRANKFURT, May 21- Two senior Federal Reserve officials on Tuesday played down the chances that the U.S. central bank would signal a readiness to reduce its bond buying at its meeting next month, dampening speculation the Fed's ultra-easy monetary policy might end soon. New York Federal Reserve Bank President William Dudley and St.
NEW YORK, May 21- Stock markets around the world edged higher on Tuesday amid signs of improving growth, even though questions about monetary policy limited gains. The euro was slightly higher, though a slowdown in British inflation sent sterling to a 7- week low on the view it could give the Bank of England more leeway to support the economy.
NEW YORK, May 21- U.S. stocks rose on Tuesday, with the Dow and the S&P 500 closing at new all-time highs as comments from Federal Reserve officials eased some concerns that the central bank could start reducing its stimulus program. The Dow Jones industrial average gained 52.30 points, or 0.35 percent, to end unofficially at a record 15,387.58.
*Corn, wheat prices set April lows as plantings surge. NEW YORK, May 21- Corn prices hit multi-week lows on Tuesday, which pulled wheat lower, after record U.S. corn plantings, while oil and metals markets slipped amid worries the Federal Reserve might cut back its stimulus for the American economy.
NEW YORK, May 21- Crude oil futures ended lower on Tuesday, falling early as the dollar strengthened, then paring losses as the greenback weakened after a Federal Reserve official said he did not believe the U.S. central bank should pull back on its quantitative easing program.
FRANKFURT/ NEW YORK, May 21- Two senior Federal Reserve officials on Tuesday played down chances that the U.S. central bank would signal a readiness to taper bond buying at its meeting next month, dampening speculation the Fed might soon dial back its ultra-easy policy. New York Federal Reserve Bank President William Dudley and St.
Dudley-Bullard: one-two dovish punch fuels rally. It's no secret most of the Street has been trying to anticipate the anticipated Fed "tapering" of bond purchases.
The economy's ability to weather lower government spending and higher taxes will be key to the Fed's decision on monetary accommodation, a Fed official said on Tuesday.
The S&P 500 is up 17 percent since the beginning of 2013, but how will the market react when we hear from the Fed on Wednesday? Craig Hodges, Hodges Small Cap Fund shares his opinions.
Has there been substantial improvement in the labor market? CNBC's Steve Liesman, provides perspective. Rep. Kevin Brady (R-TX) questions where the Fed is headed, and what QE has achieved.
Goldman Sachs' chief U.S. equity strategist David Kostin says the market can still move higher. Jonathan Golub, UBS and Kenny Polcari, O'Neil Securities, discuss.
New York Fed President William Dudley says uncertainty about QE is keeping the Fed cautious, reports CNBC's Steve Liesman.
St. Louis Fed President James Bullard, at a talk in Germany, defends the Fed's massive asset purchase program and recommends that the ECB adopt a similar stimulus policy.
In his daily CNBC.com-only video clip, Art Cashin of UBS talks with Bob Pisani about stocks going for a 19th straight Tuesday advance and Fed Chairman Ben Bernanke's upcoming testimony to Congress.
U.S. Treasurys prices were little changed on Tuesday as most investors moved to the sidelines.