It's about time to write off high-growth tech stocks, Goldman warned, saying software carries the highest multiples since the tech bubble.Marketsread more
Iran will surpass the internationally agreed levels of its low-enriched uranium levels in 10 days, the country's atomic energy body said Monday.Politicsread more
Boeing said the airline industry will need 44,040 new commercial airplanes by 2038. The market value of those planes would reach $6.8 trillion, up from $6.49 trillion...Airlinesread more
Apple is reportedly building three new iPhones for 2020, including two with 5G. It may also slightly change the screen sizes of the new iPhones.Technologyread more
Sotheby's announces it has signed an agreement to be acquired by BidFair USA, a venture owned by art collector Patrick Drahi.Marketsread more
Overall, extortion by email is growing significantly, according to the FBI's Internet Crime Compliant Center (IC3). Last year, these complaints rose 242% to 51,146 reported...Technologyread more
In a 7-2 ruling, over dissents from Justices Ruth Bader Ginsburg and Neil Gorsuch, the justices affirmed the so-called "dual sovereignty" exception to the Constitution's...Politicsread more
Target's nationwide cash register meltdown over the weekend created more than $16 million in buzz on the internet from news reports and other social media mentions, according...Retailread more
The chipmaker crush could persist and investors should be selective, but Nvidia looks like a clear buy, one market watcher says.Trading Nationread more
The top court scrapped a ruling from the Oregon Court of Appeals in favor of the same-sex couple. The owners of the bakery, which refused the make the cake due to religious...Politicsread more
Boeing reached a deal with British Airways to provide parts for some of its plane's made by rival manufacturer Airbus, part of Boeing's push to grow its services business.Airlinesread more
The former Fed chairman also said the central bank faces "a tough call" on whether or not it should raise interest rates for the first time in nearly a decade, the Journal said.
He said the "next few months" will determine if the U.S. economy stays on track, and he reiterated the importance of bringing inflation back up.
Bernanke made similar comments on CNBC's "Squawk Box " on Monday. "[The Fed] has a 2 percent inflation target. It needs to get inflation up to that target," he said.
Bernanke said Wednesday he remained optimistic the Fed would bring inflation up to its 2 percent target.
He said a key issue is emerging markets, echoing recent comments by the leaders of the International Monetary Fund and the World Bank.
The IMF's Christine Lagarde said last week that the fund expects emerging market economies to post their fifth-consecutive year of declining growth rates. World Bank President Jim Yong Kim also said last week emerging markets will experience slower growth in the near future.
Bernanke acknowledged that the Fed does not have "terrific tools" to to face a new economic downturn and that it would want fiscal assistance if one ever arose.
Nonetheless, he said he does not see any major bubble risks, adding: "We have a pretty good domestic expansion."
— CNBC's Matthew J. Belvedere contributed to this report.