In a dynamic world such as the stock market, bottoms are elusive and random in terms of time and space.  Price Headley explains.

Now mothers want their children to grow up to be bankruptcy lawyers, because that's where the money is.

The Federal Reserve left rates unchanged at 2.00 percent, but subsequent market-wide reaction was mixed as Fed Fund futures had been fully pricing in a 25bp cut to 1.75 percent.

The U.S. Federal Reserve left the Fed Funds rate unchanged at 2 percent. However, the FOMC statement released after the rate decision was less dovish than expected and the U.S. dollar rallied against the world’s most heavily traded currencies.

A continued intraday Dow pullback could prove bullish for the Japanese yen, which remains strongly correlated to the US Dow Jones and other key risky asset classes.

Typically, housing starts has not been able to driven price action in the past, but with mortgage applications and existing home sales on the rise, an improvement in construction could provide dollar support.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for September 16.

Ten years ago, the New York Federal Reserve Bank called upon Lehman Bros. and a handful of other major players on Wall Street to rescue a high-flying hedge fund.

Will the Fed reduce rates, and more importantly, how will the meeting impact the US dollar this week?

Since the start of trading on Sunday, the US dollar has had a wild ride following the news that Bank of America would buy Merrill Lynch, Lehman Brothers filed for bankruptcy, and insurer American International Group (AIG) sought $40 billion in capital.