August's sluggish job growth could slow the momentum President Barack Obama hoped to gain from his speech Thursday night; it could also make the Federal Reserve more likely to unveil a new bond-buying program at its meeting next week.
World stock markets rallied Friday after Federal Reserve Chairman Ben Bernanke signaled that the central bank would do more to stimulate the U.S. economy.
Chairman Ben Bernanke made clear Friday that the Federal Reserve will do more to boost the economy because of high U.S. unemployment and an economic recovery that remains "far from satisfactory."
Politicians in both Greece and the U.S. are struggling to find the common ground necessary to keep their governments from defaulting on their debts; QE2 hasn't ended yet, and already the Fed is considering QE3; and the SEC finally starts to regulate Wall Street's hedge funds.
Silver prices touched a 30-year high Monday as investors sought the safety of precious metals. Inflation concerns are running high after Fed Chairman Ben Bernanke said the central bank is considering a third round of qualitative easing.