Ben Bernanke

Janet Yellen, vice chair of the Board of Governors of the Federal Reserve System. (AP Photo/Eugene Hoshiko, File )

Obama to nominate Yellen as Bernanke replacement

WASHINGTON (AP) — President Barack Obama will nominate Federal Reserve vice chair Janet Yellen to succeed Ben Bernanke as chairman of the nation’s central bank, the White House said Tuesday. Yellen would be the first […]

10/08/2013

A realty sign hangs in front of a home for sale in Gilbert, Ariz. (AP Photo/Matt York, File)

US home prices rise 12.4 pct., most in 7½ years

WASHINGTON (AP) — U.S. home prices rose 12.4 percent in July compared with a year ago, the most since February 2006. An increase in sales on a limited supply of available homes drove the gains. […]

09/24/2013

A woman carrying bags with food walks along the street. (AP Photo/Emilio Morenatti, File)

AP survey: Sluggish global economic recovery ahead

WASHINGTON (AP) — A robust recovery for the global economy remains well out of reach. That’s the view that emerges from a survey of economists just as the Federal Reserve is expected this week to […]

09/17/2013

US Federal Reserve Board Chairman Ben S. Bernanke warns Congress to avoid the 'fiscal cliff.'

Here’s what to watch for Wednesday from the Fed

WASHINGTON (AP) — If there’s one thing global investors are hoping for when the Federal Reserve ends a policy meeting Wednesday, it’s this: No surprises. Pretty much everyone expects the Fed to take its first […]

09/17/2013

(AP Photo)

Summers withdraws name from Fed consideration

WASHINGTON (AP) – Lawrence Summers, who was considered the leading candidate to succeed Ben Bernanke as Federal Reserve chairman, has withdrawn from consideration, the White House said Sunday. Summers’ withdrawal follows growing resistance from critics, […]

09/15/2013

(AP Photo)

Aug. US jobs data could drive Fed bond-buying move

WASHINGTON (AP) — Signs of improvement in the U.S. economy emerged this week, and the jobs report the government will issue Friday will show whether that strength is fueling consistent hiring gains. The August employment […]

09/05/2013

Specialist Jason Notter, left, and trader Edward Curran work on the floor of the New York Stock Exchange. (AP Photo/Richard Drew)

Why the stock market is having a chilly August

NEW YORK (AP) — It’s been a chilly August for the stock market. At the start of the month, the Dow Jones industrial average and Standard & Poor’s 500 index hit all-time highs. Now the […]

08/20/2013

In this Tuesday, June 11, 2013, photo, a house is offered for sale in Santa Monica, Calif. (AP Photo/Nick Ut)

US home prices rise 12.2 percent, best in 6 years

WASHINGTON (AP) — U.S. home prices jumped 12.2 percent in May compared with a year ago, the biggest annual gain since March 2006. The increase shows the housing recovery is strengthening. The Standard & Poor’s/Case-Shiller […]

07/30/2013

Ben Bernanke

Stocks surge after Bernanke allays stimulus fear

NEW YORK (AP) — Call it the Bernanke Boost. The stock market, which has been marching higher for a week, got extra fuel Thursday after the Federal Reserve chairman said the central bank will keep […]

07/11/2013

(AP Photo)

US job openings, hiring rise slightly in May

WASHINGTON (AP) — U.S. employers advertised slightly more jobs in May and hired more workers, further signs of steady improvement in the job market. The Labor Department said Tuesday that job openings rose 28,000 to […]

07/09/2013

(AP Photo)

Stocks end with strong gains after jobs report

NEW YORK (AP) – A see-saw start for stocks ended with a rally Friday, as traders decided that a healthy job market mattered more than the Federal Reserve scaling back its economic stimulus. After the […]

07/05/2013

US stocks fall in quiet end to a bumpy month

NEW YORK (AP) — Given the wild trading of late, it was a calm close to the month. After flitting between tiny gains and losses most of Friday, the stock market closed mostly lower, a […]

06/28/2013

more

previous