Bernanke Testifies on U.S. Economy, Monetary Policy

July 17 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke testifies about the U.S. economy and Fed policy before the Senate Banking Committee in Washington. Bernanke said progress in reducing unemployment is likely to be “frustratingly slow” and repeated the Fed is ready to take further action to boost the recovery, while refraining from discussing specific steps. (This is Bernanke's prepared statement. Source: Bloomberg)
The Summer of Movie Sequels and Remakes
20:49 - Summer movie season is underway, full of big-budget films engineered to be blockbusters. Opening today: "Poltergeist," "The Vatican Tapes," and "Tomorrowland" (a movie that's based on a theme park attraction). This summer, you won't see much that's original. As Bloomberg's David Gura reports, it's all about remakes and sequels. Just like it was last summer. (Source: Bloomberg)
  • Congrats Grads, Now Don’t Expect to Get Paid a Lot
  • Britain Resigns as a World Power: Fareed Zakaria
  • Mizrahi, Keesmaat, Wex: Canada's Real Estate Market