Federal Reserve

Federal Reserve Chair Janet Yellen testifies on Capitol Hill in Washington, Tuesday, Feb. 11, 2014, before the House Financial Services Committee hearing. (AP Photo/Cliff Owen)

Fed survey: Economy showing improvement across US

WASHINGTON (AP) — A Federal Reserve survey shows the U.S. economy strengthening over the past two months in areas from manufacturing and construction to retail sales and bank lending. Seven of the Fed’s 12 regions […]

06/04/2014

Federal Reserve Chair Janet Yellen testifies on Capitol Hill in Washington, Tuesday, Feb. 11, 2014, before the House Financial Services Committee hearing. (AP Photo/Cliff Owen)

Yellen rebuffs Fed critics and pleases investors

WASHINGTON (AP) — Janet Yellen pursued a simple strategy Tuesday for handling a battery of lawmakers who came armed with skepticism about the Federal Reserve: Politely stand your ground. Be consistent. Signal continuity at the […]

02/11/2014

Janet Yellen smiles before being sworn in as Federal Reserve Board chair, Monday, Feb. 3, 2014, at the Federal Reserve, in Washington. Yellen is the first woman to lead the Federal Reserve.  (AP Photo/Charles Dharapak)

Yellen sworn in as Fed chair, succeeding Bernanke

WASHINGTON (AP) — Janet Yellen officially took over the leadership of the Federal Reserve on Monday — and along with it a delicate task: Unwinding the Fed’s extraordinary economic stimulus without spooking investors or slowing […]

02/03/2014

Federal Reserve Chairman Ben Bernanke listens while participating in a panel at the International Monetary Fund (IMF) in Washington Friday, Nov. 8, 2013, on "The Crisis as a Classic Financial Panic." (AP Photo/Jacquelyn Martin)

Bernanke likens ’08 financial crisis to car crash

WASHINGTON (AP) — In his final public appearance as chairman of the Federal Reserve, Ben Bernanke took a moment to reflect on the 2008 financial crisis and compared it to surviving a bad car crash. […]

01/16/2014

Janet Yellen is introduced as being the first female to be nominated as Federal Reserve Board chair, prior to testifying on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin, File)

Senate confirms UC Berkeley’s Yellen to chair Federal Reserve

WASHINGTON (AP) — The Senate confirmed Janet Yellen on Monday as the first woman to lead the Federal Reserve, elevating an advocate of fighting unemployment and a backer of the central bank’s efforts to spur […]

01/06/2014

Penny and Phil Sound Bite

Jobs report roundtable

A recent string of good news reports about the U.S. economy was sending shivers down the spines of many Wall Street traders who believe encouraging signs will push the Federal Reserve closer to puling back […]

12/06/2013

A sheet of uncut $100 bills as they make their way through the printing process at the Bureau of Engraving and Printing Western Currency Facility in Fort Worth, Texas. (AP Photo/LM Otero, File)

New $100 bills start circulating Tuesday

WASHINGTON (AP) — The new $100 bill, with an array of high-tech features designed to thwart counterfeiters, will get its coming out party on Tuesday, partial government shutdown or not. The Federal Reserve, which has […]

10/07/2013

Stocks down

Three reasons not to panic about the market — yet

NEW YORK (AP) — Stocks dropping across the globe. Six weeks of gains wiped out in the U.S. The biggest drop in the Dow Jones industrial average in 1 ½ years. It’s easy to give […]

06/20/2013

(AP Photo)

US regains wealth from recession, but not equally

WASHINGTON (AP) — America as a whole has regained all the household wealth it lost to the Great Recession and then some, thanks to higher stock and home prices. The average household still has a […]

06/06/2013

Ben Bernanke

Fed to change timing of policy statement

WASHINGTON (AP) — The Federal Reserve is changing its schedule for issuing policy statements, a shift that will give Chairman Ben Bernanke more control over how investors respond to the Fed’s decisions.

03/13/2013

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