- China Pledges to Keep Growth Within ‘Reasonable Zone' Bloomberg
China pledged to prevent growth from slipping below a "reasonable" level as manufacturing gauges gave a mixed picture of the strength of the world's second-biggest economy.
- Fed Chairman Search Expanded by Obama Mention of Kohn Bloomberg
President Obama has opened up the contest to become the next chairman of the Fed, adding former Fed Vice Chairman Donald Kohn to the list of names he's considering.
- Exxon and Chevron Miss Out on U.S. Oil Boom The Wall Street Journal
The U.S. is pumping more oil and natural gas than it has in decades, but the boom hasn't been enough to prop up the sagging output of America's two biggest energy producers.
"The Bernanke Fed has tried to be very open and transparent, sometimes confusing people," says Paul Schatz, president of Heritage Capital.