Stocks came off their session highs Thursday after news Bernanke said the Federal Reserve is not prepared to take further action on the economy, but were still buoyed from positive economic news as well as stronger-than-expected earnings results from bank titan JPMorgan.
Futures held their gains Thursday after news weekly jobless claims fell last week, adding to optimism following stronger-than-expected profit from bank titan JPMorgan.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
Stocks snapped a three-day losing streak, but came off the day's highs Wednesday after a top Fed official said he is against providing stimulus even if the economy worsens, opposing previous comments from chairman Ben Bernanke that fueled a strong rally for most of the session.
“Where does it end?” That was the question at the heart of my conversation with Chris Kelly, former Chief Privacy Officer at Facebook, this morning on “Worldwide Exchange.” After the recent News Corp phone hacking scandal, he talked about where the alleged abuse stops, as the company is forced to amputate a few arms of its media empire.
Citigroup media analyst Jason Bazinet told CNBC made News Corp. his top pick on news that the company withdrew its bid for BSkyB, saying the drop is a good oppurtunity.
Stocks gained more than 1 percent Wednesday, breaking a three-day losing streak, after Ben Bernanke said the Federal Reserve is ready to provide additional stimulus if the economy continues to weaken.
Speculation has been building about who might want to buy the other newspapers owned by Rupert Murdoch's News Corp in the UK, after the News of the World closure.
As the phone-hacking scandal continues to swirl around News Corp, former SEC chairman Harvey Pitt tells Kudlow why an investigation by the SEC is warranted.
Stocks closed lower for the third session Tuesday after shrugging off the latest Fed minutes even as some officials raised the possibility of further easing and following news that Moody's downgraded Ireland's rating, raising more contagion fears.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
Stocks shaved their gains Tuesday after Fed officials raised the possibility of further easing if economic growth continues to slow and following news that Moody's downgraded Ireland's rating.
Stocks wavered in a tight range Tuesday as investors continued to worry over the ongoing euro zone debt crisis and the struggle to break the impasse over a reduction in the U.S. deficit.