- Waiting on the Fed: Here We Go Again The Exchange
As traders wait on the Federal Reserve, putting off any major decisions until they hear the latest word in FOMC logic and intentions, it's worth noting that little good comes from slipping into a state of suspended animation.
- Fox Commentator Paid $50,000 to Tout Stock MarketWatch
Tobin Smith, a money manager who has been a fixture on the television news shows for 15 years, was paid $50,000 to tout the stock of Petrosonic Energy in an email and print advertising campaign.
- Wall Street Advances for Second Day; Fed in Focus Reuters
Stocks added to gains in afternoon trading on Tuesday, pushing the Nasdaq up more than 1 percent, as investors were optimistic about the outlook for the Federal Reserve's economic stimulus policies.
President Obama stuck an unofficial fork in the Ben Bernanke era last night.