The nation’s budget deficit and accompanying debt burden is one of the rare issues that generates agreement; the difference in opinion is over whether it is a big problem now or a big problem later. It also happens to be one of those issues whose ownership shifts from party to party depending on which one is in power.
Stocks capped a rocky week with a rally Friday as investors breathed a collective sigh of relief after Fed Chairman Bernanke said the Fed was willing to do what it takes to stabilize the recovery.
Stocks continued to rally in volatile trading Friday as investors breathed a collective sigh of relief after Fed Chairman Bernanke said the Fed was willing to do what it takes to stabilize the recovery.
Stocks rallied, with the Dow jumping over 100 points, after a rocky start. HP skidded.
U.S. stock index futures edged higher before the bell Friday ahead of a key speech from Federal Reserve Chairman Ben Bernanke and the latest measure of second-quarter economic growth data.