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Bernanke: Fed Will Act if Economy Weakens

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    FBN's Adam Shapiro on Ben Bernanke's comments today on economic stimulation and a market update.

  • Duration 0:58
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Adam Shapiro we -- business three stocks are on it.

Track to snap a three day sell off after comments from.

Federal Reserve Chairman Ben Bernanke raising hopes of course stimulus of economy -- The Dow Industrials are holding on to most of their gain so far this afternoon checking -- -- right now we're up 108 points.

Speaking before congress earlier today Bernanke said the Fed would consider several options to stimulate growth of weakness in the economy persists.

And News Corp.

has withdrawn its bid to acquire Britain's B -- idea amid the ongoing inquiry into phone hacking allegations.

News Corp.

deputy chairman Chase Carey says in this was a close.

It would be too difficult to proceed in this climate.

News Corp.

will continue to be an investor in these guys these senators boxer Rockefeller.

And others are asking the Justice Department and the SEC to investigate.

-- News Corp.

violated US law news or is the parent of Fox Business now.