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about the economic recover. and second good numbers on the job front. word from the payroll giant adp that private sector jobs in the u.s. rose by 110,000 last month. that s 10% higher than economists predicted. the report says most of those new hires were in small or medium sized companies. that news pushed the dow components up 178 points, nasdaq 23, s&p 20. the fed chairman held a good news/bad news news conference today. on the bright side the fed is taking no action on the economy today because it s growing, though slowly. the bad news fed chairman ben bernanke predicting the economy will grow no more than 1.7% this year and 2.9% next year. both of those forecasts are about a full percentage point lower than the last estimates. the fed also predicted unemployment would fall it no lower than 8. a% by the end of next year. meantime with a european economy teetering on the brink of disaster tonight, president obama is heading to france with

Payroll giant adpNews conferenceBad newsFed chairmanSp 20Ben bernanke2 91 7