U.S. stocks snap streak of gains; Bernanke sees slowing

Date: Thu, 14 Feb 2008 22:06:03 (GMT)

U.S. stocks snap streak of gains; Bernanke sees slowing

U.S. stocks closed sharply lower after Federal Chairman Ben Bernanke
said he's been aggressive about steering the economy away from a
slowdown,

Closed-end funds may be next singed by auction-rate collapse

Auction-rate securities, once seen as safe place to park cash, are
proving to be the latest minefield for the credit market, and now
closed-end funds may blow up as well.

The Fed: Bernanke: Fed has been aggressive, stands ready to do more

As the economy moves though dangerous territory on the edge of
recession, Federal Reserve Chairman Ben Bernanke says the central bank
is ready to cut interest rates further if fresh signs of a
weaker-than-expected economy emerge. .

Analysts doubt Yahoo-News Corp. talks will stop Microsoft

Wall Street analysts doubt that reported talks of a deal between Yahoo
and News Corp. could stop the unsolicited buyout offer from Microsoft.