Janet Yellen

Federal Reserve Chair Janet Yellen testifies on Capitol Hill in Washington, Tuesday, Feb. 11, 2014, before the House Financial Services Committee hearing. Yellen said Tuesday that if the economy keeps improving, the Fed will take "further measured steps" to reduce the support it's providing through monthly bond purchases.  (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

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

Senate Majority Leader Harry Reid of Nev., center, is pursued by reporters on Capitol Hill in Washington, Dec. 11, 2013. (AP Photo/Susan Walsh)

Senate’s leader Reid in hospital for observation

WASHINGTON (AP) — Senate Majority Leader Harry Reid was hospitalized early Friday after feeling unwell and undergoing tests that revealed nothing wrong, his spokesman said. “Everything is normal,” Adam Jentleson, Reid’s press secretary, said in […]

12/20/2013

A Wall Street sign is seen at an entrance to the New York Stock Exchange. (AP Photo/Richard Drew,)

Stocks soar as Fed cuts stimulus, citing jobs

NEW YORK (AP) — The stock market had a swift and clear reaction to the Federal Reserve’s decision to trim its stimulus efforts: That wasn’t so bad after all. Stocks surged Wednesday, lifting the Dow […]

12/18/2013

March 29, 2013: A homeless man pushes a shopping cart full of his belongings across an intersection in the Skid Row area of Los Angeles. (AP Photo/Jae C. Hon, File)

AP survey: US income gap is holding back economy

WASHINGTON (AP) — The growing gap between the richest Americans and everyone else isn’t bad just for individuals. It’s hurting the U.S. economy. So says a majority of more than three dozen economists surveyed last […]

12/17/2013

Jobs

US job openings reach 5-year high, a hopeful sign

  WASHINGTON (AP) — U.S. employers advertised the most job openings in more than five years in October, and the number of people quitting also reached a five-year high. The figures are an encouraging sign […]

12/10/2013

A specialist works at his post on the floor of the New York Stock Exchange. (AP Photo/Richard Drew)

US stocks edge higher on Wall Street

NEW YORK (AP) — Stocks edged mostly higher on Monday, pushing the Dow Jones industrial further into record territory. The stock market is extending its gains from Friday, when it got a lift from an […]

11/11/2013

The decision of the Federal Reserve appears on a television screen on the floor of the New York Stock Exchange Wednesday, Oct. 30, 2013.  (AP Photo/Richard Drew)

Fed leaves low interest-rate policies unchanged

WASHINGTON (AP) — The Federal Reserve says the U.S. economy still needs support from its low interest-rate policies because it is growing only moderately. In a statement Wednesday after a policy meeting, the Fed said […]

10/30/2013

Trader Gregory Rowe, left, and specialist Anthony Rinaldi work on the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File)

US stocks dip on earnings; Debt deadline nears

NEW YORK (AP) — Earnings news gave investors something else to focus on Wednesday as a government shutdown entered its ninth day and a potential economy-shaking federal default edged ever closer. Stocks moved between small […]

10/09/2013

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

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

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