The global economic slowdown trumped even the biggest OPEC output cut ever on Wednesday as the measure aimed at boosting oil prices instead deepened t...
Kevin Phillips | Posted 05.25.2011
Is Bernanke ready for a new round of 1932-style talk about abolishing the Fed or impeaching its leaders? Because at least three aspects of his Fed chairmanship have generated major controversy.
MSNBC | Tom Curry | Posted 05.25.2011
Step aside Clinton, Obama, and McCain. Make way for Bernanke, Paulson, and Geithner. In an election year in which the public and the news media have ...
Ron Insana | Posted 05.25.2011
The Fed will continue to cut interest rates until the markets are calm, financial institutions can lend again and the economy shows signs of life.
Reuters | Posted 05.25.2011
Housing's in the tank, banks are scared to lend, but oil is at $100 a barrel and inflation is threatening to pick up -- what's a central banker to do?...
AP | JEANNINE AVERSA | Posted 05.25.2011
WASHINGTON — The Federal Reserve is ready to lower interest rates again to brace the wobbly economy even as zooming oil prices spread inflation,...
Reuters Via CNBC | Posted 05.25.2011
San Francisco Federal Reserve Bank President Janet Yellen on Thursday indicated a willingness to cut U.S. interest rates further and said she was "not...
BusinessWeek | Peter Coy | Posted 05.25.2011
As Washington policymakers struggle to keep the U.S. out of recession, the swirling confusion over the housing market is making their job a lot toughe...
AP | JEANNINE AVERSA | Posted 05.25.2011
WASHINGTON — The Federal Reserve delivered powerful new relief to people and businesses squeezed by the ailing economy Wednesday, cutting intere...
AP | MADLEN READ | Posted 05.25.2011
NEW YORK — A still-anxious Wall Street closed lower Wednesday, sacrificing the advance it made after the Federal Reserve cut interest rates half...
Fox Business | Kathryn Tuggle | Posted 05.25.2011
Here's another scary word (besides the evil "R" word) that has been showing up in the news headlines lately: layoffs. Should you be worried? "This is...
US News & World Report | Paul Bedard | Posted 05.25.2011
People wondering why Federal Reserve Chairman Ben Bernanke suddenly moved to reduce the bank borrowing rate by three quarters of a point should know t...
AP | Posted 05.25.2011
The Federal Reserve has cut a key interest rate by one-quarter of a percentage point to 4.25 percent, the third rate cut in three months. The quarter...
New York Times | Edmund L. Andrews | Posted 05.25.2011
The Federal Reserve expects economic growth to slow sharply next year, and policy makers there are worried that even this forecast may prove too optim...
Wall Street Journal | Brian Blackstone | Posted 05.25.2011
In a closely anticipated speech Tuesday, Federal Reserve Chairman Ben Bernanke stopped short of signaling his views on the economy and interest rates,...
Reuters | Mary Milliken | Posted 05.25.2011