(AP) - The stock market suffered its worst day of the year Friday after a surprisingly weak report about hiring and employment cast a pall of gloom over the U.S. economy. The Dow Jones industrial average plunged 275 points.
Federal Reserve Chairman Ben Bernanke fielded the usual questions about inflation, tax cuts and government debt during a trip to Congress last week. Then a new question popped up: Is the Fed creating another bubble in stock prices?
David K. Randall, Matthew Craft
, March 06, 2011
The Dow Jones industrial average has closed above 12,000 for the first time in 2 1/2 years — yet another sign that the economy is extending its recovery from the recession.
, February 01, 2011
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