June 2013 Headlines

Markets Show Signs of Recovery after Dow Drop

Markets in Europe and Asia are showing signs of recovery after the U.S. stock market had its worst day of the year.

Fed Chairman Bernanke Optimistic about Economy

Federal Reserve Board Chairman Ben Bernanke said the Fed will continue the stimulus, including the purchase of $85 billion worth of bonds each month.

Long-term Interest Rates to Stay at Record Lows

The Federal Reserve says it will continue to keep long-term interest rates at record lows by buying $85 billion in monthly bonds.

Wary Drivers Eye Gas Prices as Summer Nears

As Americans start hitting the road for summer vacation, gas prices are on the minds of many.  The Energy Department says drivers can expect to pay 10 cents less than last year.

S&P Boosts US Credit Outlook to 'Stable'

Standard & Poor's ratings service has boosted its outlook for U.S. government debt from "negative" to "stable," meaning it's not as likely to downgrade the nation's debt.

Economic News a Mix in Latest Labor Report

Unemployment is still on the rise but jobs are being added in the U.S. Economy.

 

Economic Forecast: 'There's No Great Recovery'

The Anderson forecast from the UCLA released a report Wednesday, warning the economic growth rate is too small to help the nation climb out of its slump.