Account
Ben Bernanke faces the unenviable task of dialing back on quantitative easing, but the Federal Reserve chief does have one important tool his predecessors lacked: televised press conferences.More than two years after Bernanke embraced the hour-long events as part of a revamped communications strategy, the central bank can now lean on these high-profile appearances as a way to massage its monetary-policy message to a jittery marketplace.A new analysis by Deutsche Bank (NYSE:DB) concludes these press briefings "play an important clarification role," revealing the initial market response to the Federal Open Market Committee statement has tended to be at least partially reversed during the press conference.The press conferences "could very well become an increasingly important tool for guiding policy as the Fed finds it progressively more challenging to keep market expectations on track as they begin to make a fundamental turn in the direction of policy," Peter Hooper, chief economist at D...
FOX Business: Capitalism Lives HereThe broad markets pared heavy losses Thursday after strong data on the U.S. housing market helped traders overcome worries about C...
FOX Business: Capitalism Lives HereU.S. stocks remained stuck in the red Thursday morning amid jitters about China's economy and Fed policy, but the markets bounced ...
There are many small-cap and mid-cap companies in the fund universe, but they only account for a tiny fraction of the total U.S. stock market. By contrast, the S&P 5...
FBN’s Jo Ling Kent on Saks hiring Goldman Sachs to explore strategic alternatives including a potential sale.
Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favors long-standing ties with banks, busine...
For the past five years, crisis-scarred investors have worried time and again about a negative economic or geopolitical event that would send U.S. stocks reeling jus...
European shares held near multi-year highs in volatile trade on Friday, with some investors using early weakness as a buying opportunity and with carmakers cheered b...
Asian stock markets traded mostly higher Friday, with Japanese blue chips swinging to gains in the afternoon session.The rise for the major markets came as Hong Kong...
Japanese blue-chip stocks fell Friday, extending losses into a second day after sharp gains earlier in the week, though Chinese and Australian shares inched higher.T...
Japanese stocks fell Friday, extending losses into a second day after sharp gains earlier in the week, while Australian shares inched higher, helped by strength for ...
Japanese stocks extended their losses in early Friday action, with a weak overnight performance on the U.S. markets helping send the Nikkei Stock Average down 0.9% t...
FBN’s Jo Ling Kent on the national average for a gallon of regular gas rising 5 cents in the last week.
FBN’s Jo Ling Kent breaks down Verifone’s second-quarter results.
FBN’s Jo Ling Kent on Toyota recalling more than 240K vehicles due to a braking problem.
FBN's Jo Ling Kent breaks down mid-afternoon market news.
Apple imports banned by trade agency
FBN’s Jo Ling Kent on the U.N. warning that obesity and poor nutrition is weighing on the global economy.
Despite a very disappointing ISM reading for May which caused volatility in the currency markets, stocks did well to start the week on Monday. Blue chips led the way...
U.S. stocks ended slightly lower Friday--though blue-chips squeaked out a mild gain--and broke a four-week winning streak as anticipation of the end to the Federal R...
