The Federal Reserve expects to keep its benchmark interest rate pegged near zero at least through 2023 as it strives to accelerate economic growth and drive down the unemployment rate.
Stocks rose after the Labor Department said 366,000 workers filed for first time jobless claims last week, below forecasts. The Dow Jones Industrial Average added 45 points to 11,869. Mark Lasseigne has your market report in today's Acadiana Business Index...
After two horrible days on Wall Street, the market pushed higher, after Fed Chair Ben Bernanke said the Fed remains committed to do whatever's needed to help economy. Mark Lasseigne fills you in on today's Acadiana Business Index.
The Dow Jones Industrial Average gained 178 points, to 11,836
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"Significant" downside risks to the economy and "strains" in global markets lead to awful day on Wall Street. Mark Lasseigne tells you all about it on the Acadiana Business Index.
No dancing on Wall Street, as the Fed introduces its latest plan of financial engineering, while the Dow falls almost 300 points. Mark Lasseigne fills you in on the latest on Wall Street.