Stocks opened higher this morning (Dow +25 pts; SPX +.15%). Healthcare and financials are up modestly; utilities and energy are lagging. The SPX and Nasdaq are now 2% off of their recent all-time highs. 341 more words
Tags » William Dudley
In the song “HOW” from John Lennon’s Imagine, he asks:
909 more words
How Can We Go Forward When We Don’t Know Which Way we ‘re facing?
Minority activist organizations demonstrated in the snow outside the Federal Reserve Bank of New York, insisting that the institution keep interest rates low until stubbornly high unemployment rates in nonwhite communities drop further. 440 more words
Fed Defends Big Bank Oversight Before Senate; Critics Say Fed Too Close To Wall Street