Federal Reserve Chairman Ben Bernanke expressed when the economy will gain traction in the U.S. today on the right track and the country must avoid falling deeper into recession. “So far the economic recovery is quite good. We will have a sustained recovery,” Bernanke said when asked about the continuing economic downturn and slow and sweeping the United States since the end of 2007. This optimistic tone of... 

Asian stocks fall in morning trading Monday following a European concern over the debt crisis that started to spread to Hungary. Oil prices also fell close to U.S. $ 70 a barrel. Meanwhile, the euro continued to fall against the dollar. Nikkei 225 Stock for stock benchmark fell 349.70 points, or 3.5 percent to 9552.69 as the attitude of cautious investors before the new leader of Japan, Naoto Kan to form the cabinet on...