CNBC.com News Now: Bernanke Out of the 'Hole'

Click here to view today's top stories on your mobile device. Friday, Aug. 21, 2009     DOW 9505.96 155.91 +1.67%   NASDAQ 2020.9 31.68 +1.59%   S&P 1026.13 18.76 +1.86%     NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV SIGN IN     WHAT YOU SHOULD KNOW Stocks Gain 4% in Four-Day Rally Stocks rallied for a fourth straight session Friday after a sharp jump in existing-home sales and some encouraging economic data out of Europe... »read more 'Huge Potential' India could become an investment magnet—if reforms are put into effect and the new coalition government fixes the infrastructure... »read more Dow Jones Puts Index Business Up For Sale: Report In an effort to combat falling advertising revenue, News Corp executives have been proposing the formation of a consortium with other publishers to charge for news distributed... »read more CONNECT WITH CNBC Join CNBC's official online communities today! Get today's business news headlines, guest alerts, top videos and see what other CNBC'rs are Squawking about. »Become a CNBC fan on Facebook »Follow CNBC on Twitter TODAY'S TOP 5 VIDEOS 1. Coburn on Health Care   Sen. Tom Coburn, R-Okla., one of two medical doctors in the Senate, shares his thoughts on health care reform. 2. Bernanke Out of the 'Hole'   Federal Reserve chief Ben Bernanke on Friday said prospects for a return to global economic growth looked good "in the near term," the clearest signal yet the world's most powerful central banker thinks a recovery is at hand. Stephen Stanley, of RBS; Brian Fabbri, of BNP Paribas; and CNBC's Steve Liesman discuss Bernanke's comments. 3. Clunkers Ending   The Obama administration is hoping for a smooth ending to the program that spurred auto sales but also created headaches for many dealers, reports CNBC's Phil LeBeau. 4. Ford Shifts Into Optimism   A look at Ford's possible upturn, with David Silver, Wall Street Strategies Research analyst. 5. Boutique Beers   Craft beer flows strong through recession, with Justin Phillips, Beer Table and Paul Gatza, Brewers Association       TODAY'S TOP BLOG   iPhone Price Cuts Could Mean Its Doom? Motorola may have alienated some users with steep price cuts, but Apple learned the hard way that quick cuts could lead to frustration among users. So Apple offered rebates, coupons, apologies and kept that community feeling alive. Disappointed customers, maybe, when price cuts came, but nowhere near "alienated." »See All CNBC.com Blogs

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