Backers of a gold standard – a view popular with many tea party advocates – see a gold-backed currency as a way to rein in government spending and minimize the role of the Federal Reserve.
Ben Bernanke and the Fed are being lambasted, especially by GOP lawmakers, over policies to stimulate the economy. Some worry the criticism will sap the Fed's effectiveness.
Mortgage rates are at 4.21 percent for a 30-year fixed-rate loan, spurring home buyers and home owners to take advantage. But there remain some reasons for caution.
Some key lawmakers in the Senate are saying they will vote against the Bernanke confirmation. The Fed chairman’s term expires at the end of this month.
Consumer spending increased 1.3 percent in August, but a key reason was the 'cash for clunkers' program. Also, initial claims for unemployment rose last week, but the four-week average for claims fell slightly.
Fed chief proposes a super-regulator to police and correct US financial system.
Modest developments on several fronts have some experts foreseeing expansion in 2010.
The rise in December's unemployment rate to 7.2 percent shows the economy is ‘cratering.’
An interest-rate move Wednesday could make some loans cheaper than at any time since 2003.
US regulators are cranking out an array of options.