BEN BERNANKE

World stocks rose 1 percent and the dollar fell on Friday as Federal Reserve Chairman Ben Bernanke left the door open for future U.S. economic stimulus.

The new head of the IMF on Saturday called on global policymakers to pursue urgent action, including forcing European banks to bulk up their capital, to prevent a descent into a renewed world recession.

The new head of the IMF on Saturday called on global policymakers to pursue urgent action, including forcing European banks to bulk up their capital, to prevent a descent into a renewed world recession.

The new head of the IMF on Saturday urged global policymakers to pursue urgent action, including forcing European banks to bulk up their capital, to prevent a descent into a renewed world recession.

Republican Rick Perry initially gained attention after entering the race for the Republican party's presidential nomination for his outspoken, off-the-cuff style, also known as Perryisms. But now the Texas governor on the presidential campaign trail is becoming known as a leader in the race. The latest Gallup poll shows Perry vaulting into the lead for the Republican party's presidential nomination. Perry, who entered the race just a couple of weeks ago, is quickly passing over for...

World stocks rose 1 percent and the dollar fell on Friday as Federal Reserve Chairman Ben Bernanke left the door open for future U.S. economic stimulus.

Republican presidential candidate Rick Perry on Thursday described Washington as a seedy place while defending what he said was his manner of speaking plainly.

Hurricane Irene closed in on the east coast on Friday, lashing North Carolina with ferocious winds and triggering emergency steps including unprecedented evacuations and transit shutdowns in New York.

In his Jackson Hole, Wyo. conference speech, U.S. Federal Reserve Chairman Ben Bernanke said, in so many words, that headwinds -- some organic, some Capitol Hill-ish -- confronting the U.S. economy are strong, but the Fed is stronger.

The eastern United States ramped up its alert on Friday ahead of Hurricane Irene and New York City ordered evacuations of vulnerable residents as the broad, menacing storm closed in on the Atlantic coast.

Toronto's main stock market cut early losses in volatile trade on Friday morning as investors deemed an earlier sharp selloff overdone as they digested remarks by the Federal Reserve chairman.

Wall Street posted its first weekly gains in more than a month on Friday as Fed Chairman Ben Bernanke raised hopes for more stimulus for The economy at its September meeting.

Poor sales for chips. PCs, network equipment and chipmaking products sends a warning that tech growth is easing

Gold rose Friday nearly 2 percent after the head of the U.S. central bank, in a closely analyzed speech, declined to signal more money printing as a way energize the moribund U.S. economy.

South Africa's rand advanced to a one-week high against the dollar, breaking through resistance at 7.15, supported by a rise in U.S. stocks.

Brent crude oil rose slightly in choppy trade on Friday as Hurricane Irene barreled toward the U.S. East Coast and traders weighed comments by U.S. Federal Reserve Chairman Ben Bernanke on the economy.

Federal Reserve Chairman Ben Bernanke on Friday stopped short of detailing further action to boost the U.S. recovery but said the central bank would consider what more it could do to fight high unemployment, giving some comfort to investors.

The OECD is prepared to cut growth expectations for much of the world, including Europe and Japan, the organization's head said on Friday.

The struggling U.S. economy expanded even more slowly than previously thought in the second quarter of 2011, but a breakdown of the growth suggested a new recession could be avoided.

Stock index futures pointed to a lower open on Friday as investors found few reasons to buy following a volatile week and ahead of a speech from Federal Reserve Chairman Ben Bernanke on the economy.

Wall Street stocks rebounded on Friday as investors digested Federal Reserve Chairman Ben Bernanke's remarks about the economy and regained hope the door was still open for more monetary stimulus down the road.