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Good morning stocks one arrives on new hopes for a looser fed.
Asia markets closed up despite a bad manufacturing number in China.
And European markets rose a bit in spite of hawkish comments from a German officials say in Europe has done all it can and to help Greece.
And US futures up on fed meeting -- released yesterday that gave the strongest clue yet.
That the Fed may take new moves to stoke the dormant economy.
But the Fed's efforts would keep interest rates low and that makes it easier for the government to keep borrowing.
And yesterday new congressional report came out saying that we have a fourth straight year of trillion dollar deficits.
But the drastic cuts and tax -- set for January.
Would do even worse damage in the short term drastic moves would slash maybe for a fifty billion dollars from annual overspending.
But it also what's in the economy into recession kill jobs for two million more people and cause a 3% decline in GDP in the first half of next year.
That's business for more -- to foxbusiness.com.
In New York I'm Dennis --
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