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Bernanke’s Letter Says There Is Room to Ease

Stocks rebounded strongly Friday morning on a WSJ report which cited a letter from Fed Chairman Ben Bernanke, defending the Fed’s action to a member of Congress. In the letter…


U.S. Job Growth Improves in July

While most of the attention has been placed on the action (or lack thereof) from the world’s central bankers this week, the state of the jobs market appears to have improved last month as the economy added more jobs than expected…


Market Mover: Spain Rumored to Ask for Aid

European stock markets and U.S. futures shot higher overnight on word that the Spanish government is going to reverse course and officially seek out assistance


Draghi Says Bond Buying Plans Being Developed

Stocks initially sold off hard at the open of trading on Thursday in response to a lack of action taken by the ECB. However, ECB President Draghi seemed to assure reporters that plans were in the works to


Despite High Expectations, Draghi Doesn’t Deliver

Despite an unusually strong buildup in terms of expectations, ECB President Mario Draghi disappointed the markets Thursday by delivering nothing new in the battle against the sovereign debt crisis…

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