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October 16th, 2013
09:48 PM ET

Bill Gross: Interest rates will go up

Erin Burnett talks to PIMCO's Bill Gross about the impact of the budget battle on the markets.


Filed under: Debt Ceiling • Government Shutdown • Markets • News
September 30th, 2013
08:47 PM ET

Stocks fall on shutdown fears

The markets have officially responded to the dysfunction in Washington, with the Dow Jones Industrial Average dropping more than 128 points today.

So how will this latest round of crisis in Washington really impact the U.S. economy? Jim Bianco, President of Bianco Research, is OutFront.


Filed under: Economy • Government Shutdown • Markets
September 18th, 2013
07:26 PM ET

Stocks surge after Fed move to continue its stimulus program

Stocks surged Wednesday with the Dow jumping 147 points. The Dow and S&P closed at new highs - nearly five years to the day after the financial crash and crisis.

Dow, S&P hit record after Fed holds off on taper

The reason for the record? The Federal Reserve announced it would not stop the flow of easy money that's been keeping interest rates at rock bottom levels.

So, what does it mean?

OutFront: Brent Wilsey of Wilsey Asset Management.


Filed under: Economy • Markets • News
June 20th, 2013
08:41 PM ET

Stocks plunge in wake of Fed announcement

Wall Street suffered its worst day of the year.

The Dow Jones industrial average tumbled 353 points. Including Wednesday's losses, the Dow has erased more than 550 points in two days.

The reason? Fear. Fear that the easy money Ben Bernanke has plowed into the economy is going to dry up.

OutFront tonight: Peter Kenny, Chief Market Strategist at Knight Capital Group.


Filed under: Economy • Markets
March 5th, 2013
08:56 PM ET

Dow surges to record high amid sluggish economy

Talk of economic doom and gloom may still be a hot topic on Capitol Hill, but it doesn't look like Wall Street is listening. Today the Dow Jones Industrial average rallied to a new record high, climbing more than 125 points. A great day for the trading classes, but what about the masses?

"Because the stock market is soaring - and I want to emphasize this again - that doesn't mean that unemployment rates are going down. It means that corporate profits are going up, but they are not hiring people," Rep. Nita Lowey (D-NY) said.

OutFront tonight: Daniel Altman, economics professor at NYU and Doug Holtz-Eakin, a former Director of the Congressional Budget Office.


Filed under: Economy • Markets • News
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