Stocks soar after Fed chair Powell describes interest rates as just below a neutral level. A House Democratic caucus backs Nancy Pelosi for Speaker. Altria reportedly in talks for a stake in Juul Labs. Charlie Turner reports.
Janet Yellen's nomination to lead the Federal Reserve makes history. And Greg McBride of Bankrate.com says that doesn't matter.
The renewed volatility on Wall Street has many wondering whether the worst of the pullback is over, or if tough times are just beginning. In this week's podcast, the MoneyBeat crew dissects the big moves in stocks, bonds and oil and offers predictions for what's in store for the rest of the year.