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 06.10.2008 | Business
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 03.28.2008 | Business
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 ...
AP | JEANNINE AVERSA | Posted 03.28.2008 | Business
WASHINGTON — The Federal Reserve is ready to lower interest rates again to brace the wobbly economy even as zooming oil prices spread inflation,...
Reuters | Posted 03.28.2008 | Business
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?...
Reuters Via CNBC | Posted 03.28.2008 | Business
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...
Ron Insana | Posted 03.28.2008 | Business
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.
BusinessWeek | Peter Coy | Posted 03.28.2008 | Business
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 | MADLEN READ | Posted 03.28.2008 | Business
NEW YORK — A still-anxious Wall Street closed lower Wednesday, sacrificing the advance it made after the Federal Reserve cut interest rates half...
AP | JEANNINE AVERSA | Posted 03.28.2008 | Business
WASHINGTON — The Federal Reserve delivered powerful new relief to people and businesses squeezed by the ailing economy Wednesday, cutting intere...
US News & World Report | Paul Bedard | Posted 03.28.2008 | Business
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...
Fox Business | Kathryn Tuggle | Posted 03.28.2008 | Business
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...
AP | Posted 03.28.2008 | Business
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 03.28.2008 | Business
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 03.28.2008 | Business
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 01.17.2009 | Business