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Don't rely on PMI data to gauge China: Expert

Ben Simpfendorfer, Managing Director at Silk Road Associates, explains why monthly purchasing managers' indices do not provide accurate readings of China's economy.
Source: CNBC.com
US stocks to trade in tighter ranges: JPMorgan

Laura Fitzsimmons, Vice President, Futures & Options at JPMorgan Investment Bank, expects U.S. markets to consolidate and trade within narrow ranges after the volatile session overnight.
Source: CNBC.com
We'll see more selling on next bad headline: Cramer

Mad Money host Jim Cramer breaks down today's market action to help investors handle twist and turns. Cramers says today's bruising was about flawed mechanics of market.
Source: CNBC.com
Don't believe AIG has a case: Fink

Laurence Fink, BlackRock chairman & CEO, shares his thoughts on former AIG CEO Hank Greenberg's lawsuit against the U.S. government and Lehman Brother's solvency.
Source: CNBC.com
CDC: Won't block West African flights

CNBC's Meg Tirrell reports the CDC is currently investigating all health care workers who came in contact with patient Thomas Eric Duncan, and is working on methods to prevent the spread.
Source: CNBC.com
Bernanke says he was reluctant on AIG bailout

WASHINGTON- Former Federal Reserve Chairman Ben Bernanke etched a portrait Friday of his initial reluctance to have the central bank rescue American International Group Inc. in 2008. But he ultimately came to believe the $85 billion bailout loan to the company was needed to avert a shock to the financial system. "I did not make any personal judgments about the...
Source: The Associated Press | By: MARCY GORDON, AP Business Writer
Bernanke defends AIG bailout in court

Bernanke testified Thursday at the AIG bailout trial that he relied on the judgment of the N.Y. Federal Reserve Bank, which provided the initial commitments to AIG.
Source: CNBC.com | By: Mary Thompson
Bernanke testifies in AIG trial

CNBC's Mary Thompson reports former Fed chair Ben Bernanke appeared slightly combative and vaguely annoyed at questioning. John Levin, CEO of Levin Capital Strategies, provides insight.
Source: CNBC.com
Bernanke defends AIG bailout in court

WASHINGTON- Former Federal Reserve Chairman Ben Bernanke testified in federal court Thursday that insurance giant American International Group Inc. had to be rescued by the government in 2008 to avert global catastrophe. Bernanke was one of the key decision makers on the bailout, which began with an $85 billion rescue loan from the New York Federal Reserve...
Source: The Associated Press | By: MARCY GORDON, AP Business Writer
Former Fed Chair Bernanke takes stand in AIG bailout trial

WASHINGTON, Oct 9- Former Federal Reserve Chairman Ben Bernanke took the stand on Thursday to defend the U.S. government's bailout of American International Group in 2008, in a fourth day of testimony by former top government officials looking to convince a federal judge that the rescue of the insurance company was legal. Former AIG Chief Executive Hank...
Source: Reuters | By: Aruna Viswanatha