U.S. stocks surge Friday, but end week in the red (at MarketWatch)
U.S. stocks surged Friday after U.S. Federal Reserve Chairman Ben Bernanke pledged to fight any deflationary pressures and to prevent the economy from returning to recession. Stocks also advanced after the government s downward revision of second-quarter economic activity wasn t as sharp as expected. us.rd.yahoo.com |
Market Snapshot: U.S. stocks to try for fourth week of gains
[at MarketWatch] - After its three-week climb, Wall Street needs for catalyst to jump higher us.rd.yahoo.com |
Dollar surges above 98 US cents
THE dollar shot up more than half a US cent to a new two-year high after fulltime employment rose strongly. news.com.au |
Group of 20 vows to avoid currency devaluations
Global finance leaders, under pressure to display unselfish policies, agreed Saturday to boost cooperation on rebalancing the world economy to help defuse tensions that had sparked fears of trade conflicts. pheedo.msnbc.msn.com |
Fed Adopts Political Tactics to Fight Critics
Facing a hyperpartisan environment, the central bank is trying to defend its policy moves without becoming overtly political, and is adopting insider strategies to do so. nytimes.com |