Conference to be referendum on Bernanke, Fed
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Thrust into the role of financial firefighter, Federal Reserve Chairman Ben Bernanke has taken unprecedented steps over the past year to battle the nation's worst credit and financial crises in decades. [read more]
  • Stocks end wild day with modest gains
    Wall Street closed up Wednesday after stumbling through an uneven session ratcheting up and down as the price of oil also seesawed and worries persisted about the financial sector.
  • Fannie, Freddie shares lose 25 percent of value
    Shares of Fannie Mae and Freddie Mac lost more than a quarter of their value on Wednesday as fears mounted that the mortgage financiers will soon need government support and any bailout would hang stockholders out to dry.
  • Cost of oil ends trading day near $115 a barrel
    The price of oil fluctuated above $114 a barrel Wednesday, propped up by worries about tropical storms and heightened tension between Russia and the West, but hampered by a massive increase in U.S. crude supplies last week.
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