Kohl Cisco News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Europe meantime seeing relief after that tough session on yesterday. We begin with fed chair nominee Janet Yellens confirmation hearings today. Cisco reports First Quarter sales fall about 300 million short of consensus and warns week emerging market demand could suppress Second Quarter revenues as well. And jpmorgan cancels a twitter q a with a top banker after being flooded with insulting questions. First up, when janet yellen appears before the Senate Banking committee, shes expected to defend the easing strategy. She says a strong recovery will ultimately enable the fed to reduce its monet...

More normal approach to monetary policy. The nomination is set to begin at 10 00 a. M. Eastern time. In the meantime, outgoing chairman ben bernanke says the central bank will remain alert to preventing inflation from declining too far from its goal of 2 , falling too far below that. Were going to talk about the future of the central bank with greg ipp and ir neil irwin in the next hour. He says he expects to taper in the next couple of months. Beyond yellen and the fed, a few other economic event toes watch today. We have weekly jobless claims at 8 30 eastern time. At the same time, the septe...