Federal Reserve

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Money Magazine’s Craig Matters with perspective on the fiscal cliff

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.


Big stock rally

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 […]


Bernanke: No specific target for bond purchases

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 […]




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