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 […]
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 […]
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 […]
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 […]
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.
WASHINGTON (AP) – Chairman Ben Bernanke is standing by the Federal Reserve’s low-interest-rate policies, cautioning that any move to raise rates prematurely could derail a still-modest economic recovery.
WASHINGTON (AP) — The Federal Reserve says an internal website was briefly breached by hackers but no critical Fed operations were affected.
Listen to this interview with Craig Matters, the managing editor of Money Magazine, as he joins KFWB’s Penny Griego and Phil Hulett with some perspective In the continuing debate in Washington over taxes and entitlements.
NEW YORK (AP) – Wall Street has seen a huge rally today, after investors finally got the aggressive economic help they’ve been wanting from the Federal Reserve. The Dow has been more than 200 points […]
WASHINGTON (AP) – Chairman Ben Bernanke says the Federal Reserve does not have a specific economic target for its new stimulus program and will keep buying bonds until it sees more jobs, lower unemployment and […]