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Wall Street Ends Sharply Lower After Bernanke Comments; Dow Drops 200

Reuters Stocks fell 1 percent in a volatile session on Wednesday, with losses accelerating after Federal Reserve Chairman Ben Bernanke said a reduction in the rate of stimulus could occur this year if the economy continues to improve.

  • No Taper Tipoff: Fed Keeps the Easing Going
    Taper Tipoff? Bernanke Hints Easing End Is Nearing CNBC

    The Federal Reserve will keep its version of the monetary printing press running a while longer, though Chairman Ben Bernanke provided hints Wednesday that the days of extreme easing are coming to a close.

    No Taper Tipoff: Fed Keeps the Easing Going

    The Federal Reserve will keep its version of the monetary printing press running a while longer, though Chairman Ben Bernanke provided hints Wednesday that the days of extreme easing are coming to a close.

  • The logo on the front of a Jeep vehicle is shown at a Chrysler dealership in Carlsbad, California
    Why Chrysler Backtracked on Jeep Recalls The Exchange

    On the surface, it appears that Chrysler did an about-face involving safety recalls on more than 1 million Jeep SUVs. But behind the scenes, Chrysler negotiated a much better deal with the government.

    The logo on the front of a Jeep vehicle is shown at a Chrysler dealership in Carlsbad, California

    On the surface, it appears that Chrysler did an about-face involving safety recalls on more than 1 million Jeep SUVs. But behind the scenes, Chrysler negotiated a much better deal with the government.

  • Men's Wearhouse ousts founder, pitchman Zimmer
    Men’s Wearhouse Chaos: It’s Time to Halt the Stock Breakout

    After firing founder and chairman George Zimmer, Men's Wearhouse is chaos and Breakout's Jeff Macke says it's time to halt trading of their stock.

    Men's Wearhouse ousts founder, pitchman Zimmer

    After firing founder and chairman George Zimmer, Men's Wearhouse is chaos and Breakout's Jeff Macke says it's time to halt trading of their stock.

 
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