Bernanke: Cyclical Component of Unemployment Rate

July 17 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke says about 2 percentage points of the unemployment rate is "cyclical" and related to weak demand in the economy. Bernanke speaks in response to a question from Spencer Bachus, an Alabama Republican, during his semiannual testimony before the House Financial Services Committee. (This is an excerpt. Source: Bloomberg)
Why Apple Has Fallen Since February Peak
07:54 - Bloomberg’s Michael Regan and Julie Hyman examine Apple’s moving average with Bloomberg’s Alix Steel on “Bloomberg Markets.” (Source: Bloomberg)
  • Obama Announces U.S. Clean Power Plan in Two Minutes
  • Calpine CEO: Gas Generation Needed in Obama Plan
  • Puerto Rico to Default, Debt Payment Failed by Agency