Topic: U.S. Federal Reserve
Chairman Ben Bernanke said Wednesday the Fed will tighten the money supply 'at some point.' That's one step in an exit plan to end the Fed's emergency supports to the economy after the financial crisis of 2008.
02/10/2010 05:24 pm
With major airports and the federal government shut down, effects from this week's snow storm will linger beyond the time needed to dig out. The unemployed may be impacted by Congress' snow days, unless lawmakers are able to rush through a bill extending their benefits.
02/10/2010 04:03 pm
In his account of managing America's financial crisis, former Treasury Secretary Henry Paulson recounts shock, disappointment, and own shortcomings. What lessons does 'On the Brink' hold?
02/04/2010 06:41 pm
In Obama's proposal, the money would be taken by small banks, which in turn could loan to small business. The program would be separate from TARP and would be aimed at creating jobs.
02/02/2010 03:29 pm
Scott Brown said Sunday that he would work with President Obama on pocketbook issues like $33 billion in tax cuts to businesses that hire. But he sees no future for the healthcare reform bill.
01/31/2010 01:46 pm
US Gross Domestic Product (GDP) grew at a 5.6 percent rate last quarter, the biggest economic expansion in six years. But economists say that doesn't augur a growth in jobs any time soon.
01/29/2010 11:58 am
Senators approved a second term for Federal Reserve Chairman Ben Bernanke Thursday to avoid turmoil in world financial markets. But the Bernanke vote saw 30 members oppose his nomination.
01/28/2010 06:25 pm
Federal Reserve Chairman Ben Bernanke has come under fire for his support of the Wall Street bailout. But Thursday's Bernanke vote is also expected to reveal that he enjoys bipartisan support in the Senate.
01/28/2010 03:10 pm
Obama wants a jobs bill ASAP. Government can't create jobs. But a prepared workforce can.
01/28/2010 12:01 am
Treasury Secretary Timothy Geithner says the government ‘made the best of a set of terrible choices’ in bailing out insurance giant AIG. But Democrats and Republicans alike hammered him for not demanding more from financial institutions.
01/27/2010 07:28 pm