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Home : Blogs : Diane Webster : At Home With Diane : Tag "us economy"

us economy: Bernanke: Recession may end in '09 - 03/03/09 02:35 PM

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Stocks up on Bernanke remarks; focus now on Obama

By MADLEN READ and TIM PARADIS, AP Business Writers
Tue Feb 24, 6:37 pm ETNEW YORK – Federal Reserve Chairman Ben Bernanke gave Wall Street a double dose of reassurance. Now it's President Barack Obama's turn.Bernanke told Congress on Tuesday the recession might end this year, and that regulators aren't planning to nationalize banks. The news alleviated some of investors' worries about the economy and the banking industry, and lifted the Dow Jones industrial average and Standard … (0 comments)

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