Steve Chiotakis speaks with Karen Shaw Petrou, managing partner of Federal Financial Analytics, about Federal Reserve Chairman Ben Bernanke's testimony before the Senate today. Petrou and other analysts believe Bernanke will present cautious optimism on the state of the economy.
Bob Moon speaks with Juli Niemann, analyst with Smith, Moore & Company in St. Louis, about what she thinks will come of Federal Reserve Chairman Ben Bernanke's testimony before Congress today and how it will affect Wall Street.
As Federal Reserve Chairman Ben Bernanke prepares to address Congress this morning, Steve Chiotakis speaks with Len Blum, managing partner at Westwood Capital. Blum expects that Bernanke will be 'cautiously optimistic' about the economy, but his comments might be tempered over concerns in rising oil prices.
The European Court of Justice has ruled that insurance companies cannot take gender into account when charging premiums and giving benefits. This includes auto and life insurance; young men cannot be charged more than young women for car insurance, as Stephen Beard explains.
While the Libyan economy continues to function at a very basic level, many nations have withdrawn their citizens from the troubled country. And Libya's oil chief says oil production is at half the level it was a few weeks ago.
The Obama administration has issued the first deepwater drilling permit since the BP oil spill. Nobel Energy will officially resume deepwater drilling in the Gulf of Mexico later this month, as Nancy Marshall Genzer reports.