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DOW, NASDAQ Post Gains

Posted on June 26, 2006 by Marsha James

The stock market has been a small upward spiral lately which I’m sure has many people very happy. And in the last few days thanks to companies like Fedex that hotstreak is still going.
Wall Street was cheered after mining company Phelps Dodge Corp. said it will pay $40 billion in cash and stock for rivals Inco [...]

Fed Chief Raises Inflation Worries

Posted on June 06, 2006 by Sarah White

Ben S. Bernanke says he’s worried about inflation, and the stock market dropped nearly 200 points in response. Speaking at the International Monetary Conference in Washington on Monday, Bernanke said there are many signs that the economy is in transition, including:

slowing consumer spending

a cooling real estate market

increased energy costs

a slight rise in unemployment numbers

At [...]

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