Federal Reserve Bank

Fed Announces New Bank Stress Tests

The Huffington Post | Bonnie Kavoussi | Posted 11.22.2011

As the sovereign debt crisis in Europe threatens to spill over into the United States, the federal government wants to make sure that banks are prepar...

Art Installation Takes On Debt

AP/The Huffington Post | By MARIA SUDEKUM FISHER | Posted 12.04.2011

KANSAS CITY, Mo. -- A temporary art structure in Kansas City, Mo., made up of dozens of large steel shipping containers is creating a buzz with its me...

Fed Officials Split Over Policy Changes

Reuters | Mark Felsenthal and Glenn Somerville | Posted 06.05.2011

WASHINGTON (By Mark Felsenthal and Glenn Somerville) - Some Federal Reserve officials last month believed they would have to hold to an easy monet...

Federal Reserve Unlikely To Extend Quantitative Easing, Top Officials Say

Posted 05.25.2011

NEW YORK, March 25 - With the economy on firmer footing the Federal Reserve Bank is unlikely to extend its bond-buying stimulus program beyond a p...

Global Central Banks Face An Essential Revolution

Reuters | Paul Carrel, Mark Felsenthal, Pedro da Costa, David Milliken and Alan Wheatley | Posted 05.25.2011

By Paul Carrel, Mark Felsenthal, Pedro da Costa, David Milliken and Alan Wheatley FRANKFURT/WASHINGTON - On a warm, Lisbon day last May, Jean-Clau...

Bernanke: Dodd-Frank Should 'Level Playing Field' For Small Banks

Reuters | Dave Clark | Posted 05.25.2011

SAN DIEGO - New financial regulatory reforms should help reduce the edge that large banks have over smaller ones because of their implicit support f...

U.S. Recovery Gaining Traction, Fed Officials Say

Reuters | Kim Palmer and Sakari Suoninen | Posted 05.25.2011

AKRON, Ohio/FRANKFURT - The U.S. recovery is gaining traction, two top Federal Reserve officials said on Tuesday, though they differed on the risks ...

New Stock Market Signal Identifies Bubbles

Wired | Brandon Keim | Posted 05.25.2011

Complexity researchers who study the behavior of stock markets may have identified a signal that precedes crashes. They say the telltale sign is a me...

Is Their 'Pent Up' Demand In The Economy?

Bloomberg News | Alex Kowalski | Posted 05.25.2011

U.S. companies expect the economy to grow faster than previously estimated as demand from consumers, businesses and other countries picks up, a survey...

Bank Of America Fights Pressure To Buy Back Bad Mortgages

AP | EILEEN AJ CONNELLY | Posted 05.25.2011

NEW YORK — Bank of America said it will not buy back bad mortgages from a series of high-profile investors who complained defaults are being han...

Letterman's Running Gag About Crashing Obama/Oprah Dinner on Martha's Vineyard: Hasn't Dave Heard Teddy Kennedy Died?

Michael Russnow | Posted 05.25.2011

Michael Russnow

David Letterman continued joking about not being invited to dinner with Oprah and Obama in Martha's Vineyard even after he knew the president was delivering a eulogy for Ted Kennedy on Saturday.

Fed Audit Supported By 75% Of Americans: Survey

Posted 05.25.2011

The calls to audit the Federal Reserve have come fast and furious in the last few weeks. Fed Chairman Ben Bernanke is continuing to push back against ...

Who Can we Bank on as Crisis Gets Worse?

Danny Schechter | Posted 05.25.2011

Danny Schechter

Washington seems tethered at the hip to Wall Street and continues to do its bidding. Obama wants to give us confidence, but the most trenchant critics believe a total collapse is in the offing.

Freddie Mac, When Are You Coming Back?

Danny Schechter | Posted 05.25.2011

Danny Schechter

As housing implodes, is our nation at an economic tipping point?

Why The Government Can't "Fix" the Crisis

Danny Schechter | Posted 05.25.2011

Danny Schechter

In what was for many an unbelievable chain of events, markets started melting down, confidence shattered and believers in unregulated transactions realized something was very, very wrong.

The Black-Scholes Atomic Debt Bomb & 7 Predictions

Max Keiser | Posted 05.25.2011

Max Keiser

By not deflating the supply of fiat, debt-based exchange units for so many years, the over supply of them, each a claim on America's future, has grown by quantum levels of risk.

Fed Sees Economic Woes Spilling Into 2009

New York Times | Stephen Labaton | Posted 05.25.2011

Federal policy makers have concluded that the turmoil plaguing the housing and financial markets is likely to spill deep into 2009, becoming one of th...

Federal Reserve Bank Of New York Has World's Biggest Stash Of Gold

Forbes | Liz Moyer with Tatiana Shumsky | Posted 05.25.2011

Gold trading at near-record highs above $900 an ounce begs the question: Who's got the most? If you guessed the U.S. government, you're right, sort o...