Follow us on

Saturday, May 18, 2013 | 2:33 a.m.

Bernanke Powers-Up Wall Street

Wall Street adds to the day's gains after the Federal Reserve says it will keep on buying $85 billion in debt per month. The Dow tried, but failed to close at a new record as stocks finished off the highs of the day. The Federal Reserve says the economy is getting stronger, but admits unemployment is still too high and the recovery is still not strong enough to make it on its own. One reason noted in the Fed's statement following a two-day meeting - fiscal cut backs from Washington.
 
 
KFOX14 Live Stream

Watch KFOX14 News Live

Watch live broadcasts of KFOX14 News seven days a week.

iSpot Reporter

Borderland Experts

Borderland Experts mobile version

 

© 2013 Sinclair Broadcast Group. By using this website, you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad ChoicesAdChoices.