Bernanke endorses a new fiscal stimulus, citing slowdown fears

Date: Mon, 20 Oct 2008 12:02:42 -0400
Bernanke endorses a new fiscal stimulus, citing slowdown fears

Another shot of fiscal stimulus may be needed now to help the U.S.
economy recover from what could be a protracted slowdown, Federal
Reserve Chairman Ben Bernanke says.

Market Snapshot: U.S. stocks gain as Fed chief supports more fiscal
stimulus

U.S. stocks remain mostly higher as Federal Reserve Chairman Ben
Bernanke backs more fiscal stimulus and investors digest quarterly
earnings reports from an array of sectors.

Economic Report: Leading indicators rise 0.3% in September

The nation's economy isn't in "free fall," though recovery may be a year
away, an economist at the Conference Board says as the research group
reports on leading economic indicators for September.

NRG Energy rallies on $6.2 billion buyout bid from Exelon

Electricity generator Exelon Corp. says it's offered to buy rival NRG
Energy Inc. in a $6.2 billion all-stock bid that it says would create
the largest power company in the U.S.