Rosneft Shares Rally on Profit Tripling

OAO Rosneft shares rallied after profit more than tripled in the third quarter and Russia’s biggest oil producer agreed a gas supply deal with OAO Inter RAO, a state-run power utility.
Kocherlakota: Fed Treating 2% Inflation Like a Ceiling
20:52 - Minneapolis Fed President Narayana Kocherlakota discusses the inflation factor in Federal Reserve monetary policy. He speaks from the Jackson Hole economic symposium in Jackson Hole, Wyoming on "Market Makers." (Source: Bloomberg)
  • Jackson Hole, Jefferies, Munis: What's Moving Markets
  • Fed's Kocherlakota Sees Ways to Lower Rates Further
  • Mester: Reasonably Confident Inflation Gets Back to 2%