Take a look at some of Wednesday's midday movers:» Read More
CNBC's Andrea Day follows the indictment of the people who hosted, funded and then laundered over $100 million in profits, catering games to celebrities, athletes and titans of Wall Street.
NEW YORK, May 22- The dollar rallied to a 4-1/ 2- year high against the yen and a near three-year peak against a currency basket on Wednesday after Federal Reserve Chairman Ben Bernanke stoked speculation the U.S. central bank could begin slowing its asset buying in coming months.
NEW YORK, May 22- U.S. stocks fell in choppy trading Wednesday, with the Dow briefly falling more than 1 percent, following remarks by Federal Reserve Chairman Ben Bernanke which suggested the central bank was not ready to pull back on its economic stimulus efforts but may act if the economy continues to improve.
NEW YORK, May 22- U.S. stocks fell in choppy trading Wednesday, giving up earlier gains following remarks by Federal Reserve Chairman Ben Bernanke which suggested the central bank was not ready to pull back on its economic stimulus efforts, but may act if the economy continues to improve..
WASHINGTON, May 22- Many Federal Reserve officials earlier this month wanted to see more evidence that the U.S. economy was recovering before shifting toward a tapering of their bond purchase program, the Fed said on Wednesday.
Matthew Cheslock, Virtu Financial, shares his view on the trading day.
CNBC's John Harwood has a recap of testimony on Capitol Hill today on the IRS scandal.
WASHINGTON, May 22- Pension funds- those old guaranteed-benefit retirement plans your grandma might have told you about- outperform those in 401 plans year after year, according to new research from consulting company Towers Watson.
Take a look at some of Wednesday's midday movers:
Discussing whether you should buy, sell or hold Best Buy, eBay, ExxonMobil and more.
Fast Money's Brian Kelly explains why he likes TLT now.
*FTSEurofirst 300 index closes 0.2 pct higher. LONDON, May 22- European shares hit a new five-year high on Wednesday after Federal Reserve Chairman Ben Bernanke said the central bank would retain its stimulus measures until the economy improved.
WASHINGTON, May 22- The Federal Reserve's monetary stimulus is helping the U.S. economy recover but the U.S. central bank needs to see further signs of traction before taking its foot off the gas, Fed Chairman Ben Bernanke said on Wednesday.
The FMHR team reveals their favorite stocks to own now.
Insight on stocks making the biggest moves in the market today, with the Fast Money traders.
Discussing whether there is any justification to buy Tesla shares now, with the FMHR team. Meanwhile Hunter Keay, Wolfe Trahan, discusses whether the airline rally is just the beginning.
Fed Chairman Ben Bernanke said fiscal policy at the Fed level has become significantly more restrictive, with the FMHR team. Paul Richards, UBS Global FX Management Committee, weighs in.
*Fed buys up to $1.75 bln in long-dated Treasuries. NEW YORK, May 22- Treasury debt prices fell on Wednesday with benchmark yields briefly rising above 2 percent as Federal Reserve Chairman Ben Bernanke kept alive market worries that the U.S. central bank might slow its bond purchases later this year if the economy improves further.
SolarCity, with its shares up more than 50 percent in a little more than a week, may go down as the poster child of the sizzling market for this nutty round of solar stocks.
If it sounds like Fed Chair Ben Bernanke is dancing in his testimony, it's because he is doing rhetorical figure eights in trying to signal where the Fed is going.