Day Trading Course – Learn how to trade futures Federal Reserve Chairman Ben S. Bernanke warned that a fiscal stimulus won’t be enough to spur an economic recovery and that the government may need to buy or guarantee banks’ tainted assets to revive growth. “Fiscal actions are unlikely to promote a lasting recovery unless they…
U.S. stocks slid for a second day after retailers from Wal-Mart Stores Inc. to Limited Brands Inc. said profit will trail forecasts as the recession limited holiday spending and sent continuing jobless claims to a 26-year high. Wal-Mart, the world’s biggest retail chain, tumbled as much as 9.4 percent, the most in a year. Limited…
U.S. stocks slid the most in two weeks as a private report showed employers cut more jobs than estimated in December and companies from Alcoa Inc. to Intel Corp. spurred concern the profit outlook is worsening. The Standard & Poor’s 500 Index fell 1.8 percent to 918.33 at 12:20 p.m. in New York. The index…
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