Bernanke gloomier about near-term outlook

Date: Wed, 02 Apr 2008 16:01:03 (GMT)

Bernanke gloomier about near-term outlook

The outlook for U.S. growth has worsened since January and the
possibility of a recession can't be ruled out, says Federal Reserve
Chairman Ben Bernanke.

Market Snapshot: U.S. stocks climb amid Fed talk

NEW YORK
U.S. stocks edge higher after a shaky start, with investor optimism
stemming from Best Buy's results and hopes for Friday's employment
report competing with Federal Reserve Chairman Ben Bernanke's talk of
U.S. economic woes.

Economic Report: U.S. private-sector payrolls up slightly in March: ADP
survey

WASHINGTON
U.S. private-sector companies added 8,000 jobs in March, according to an
employment report based on ADP payrolls data released Wednesday.

Subprime Today: National City mulling KeyCorp deal: report

NEW YORK
Welcome to our daily roundup of subprime and credit-crunch-related news
from MarketWatch.

Ireland's prime minister Ahern stepping down in May

LONDON
Bertie Ahern, the prime minister of Ireland, announced he will leave
office next month, ending a tenure that ran nearly 11 years and
coincided with a massive economic boom that transformed the Irish
economy into the Celtic tiger.