Feeds
Stock futures are pointing to a mixed open as investors are appearing to look to book profits on the week's long rally.
Analysts, lawmakers and the financial industry generally reacted positively to news that Ben Bernanke would be re-nominated as Federal Reserve chairman. But some offered a dose of constructive criticism.
President Barack Obama announced Tuesday he wants to keep Ben Bernanke on as Fed chairman, saying he shepherded America through the worst economic crisis since the Great Depression.
Investors need to make a decision in the coming days: Should they trust Ben Bernanke's encouraging words about the future, or give in to worries about weak consumer spending?
Last year, as the gravest financial crisis since the Great Depression shook the banking system, Ben Bernanke seemed nearly as beleaguered as the institutions themselves.
Asian stocks were modestly higher Friday, but worries about tighter government policies sent China's markets lower for a second day.
The stock market's rally plodded along Thursday, sustained by gains in financial and industrial shares.
The share of Americans who think the Federal Reserve is doing an excellent to good job has sunk even as chairman Ben Bernanke has taken unprecedented steps to try to prevent a financial catastrophe, according to a new poll released Monday.
Ben Bernanke put himself at odds with the Obama administration Wednesday by resisting its plan to create a consumer protection agency for risky financial products. The Federal Reserve chief said those responsibilities should stay with the central bank.
Asian stock markets climbed Thursday amid sustained hopes for a recovery in major economies from Japan to the U.S.
Reliable economic statistics produced by the U.S. government are important to Federal Reserve policymakers as well as millions of ordinary Americans wanting to keep tabs on jobs, wages and prices at stores, Fed chairman Ben Bernanke said Friday.
Ben Bernanke has done something no other Federal Reserve chairman has done before: cut rates to near zero and resorted to unconventional tools to lift the country out of recession.
While acknowledging that the Federal Reserve was "extremely uncomfortable" about last year's bailouts of big financial companies, Fed Chairman Ben Bernanke said Friday the central bank's strategy to ease the financial crisis is working.
Investors restarted Wall Street's rally Tuesday, buying financial and homebuilder stocks following a surprisingly upbeat report on home construction.
Asian stock markets rebounded Wednesday as hopes China would expand measures to revive its economy countered growing signs of economic decay in the U.S. and other major countries. Shanghai's index jumped more than 6 percent.
World stock markets fell sharply Tuesday as ongoing gloom surrounding the banking sector offset any optimism generated by the inauguration of Barack Obama as president.
World stocks surged Monday as lower interbank lending rates fueled hopes that credit markets are returning to normal and Federal Reserve chairman Ben Bernanke gave his support to more fiscal stimulus in the U.S.
Ben Bernanke didn't sugarcoat the situation. He couldn't.
Wall Street companies didn't borrow from the Federal Reserve's emergency lending program over the past week while commercial banks scaled back, sending a sign of some improvements in credit strains.
Stocks headed for a modestly lower open Wednesday as rebounding oil prices drained away the momentum from Wall Street's big Tuesday rally.
While the rest of the marketplace sees mortgage-backed securities as radioactive, Ben Bernanke doesn't — at least when taxpayers' money is at stake.
The economy is in turmoil, yet President Bush and Federal Reserve chief Ben Bernanke say the country will weather the storm. Neither sees a recession on the horizon.
When it comes to turning around the troubled economy, many people have confidence Ben Bernanke and his Federal Reserve colleagues can get the job done.
Indian Monetary Authority to buy 200 tonnes of IMF goldRBI's decision to shore up its gold reserves needs to be seen in the context of other central banks across the globe increasing their gold reserves.
Money Supply Timebomb and Fiscal Nightmare Although most commentators haven't said much about it, I think Bernanke used the financial crisis to incredibly expand the power of the Federal Reserve, relative to traditional branches of government.
The Chinese Disconnect - Paul Krugman New York Times Op-Ed ColumnistSenior monetary officials usually talk in code. So when Ben Bernanke, the Federal Reserve chairman, spoke recently about Asia, international imbalances and the financial crisis, he didn't specifically criticize China's outrageous currency policy.
REUTERS: Fed Playing Politics on Executive Compensation?Reuters takes a look at the Federal Reserve's roll in imposing limits on the compensation levels of executives and explores the role of political pressure played in their recent decision to begin regulating some compensation.
Bernanke is between an Overheated Printing Press and a Hard PlaceRecent actions of the world's central banks have sent a warning shot across the bow of the ship known as the Federal Reserve.
Gary Null's reply to Rabbi Michael Lerner.
Grayson calls on American public to 'Unmask the Fed'Grayson wants access to the Bear Stearns rescue paperwork as well as the details of which financial institutions received $1.2 trillion in bailout money, how much each institution received, and what was promised in return.
Dollar loses reserve status to yen & euroBen Bernanke's dollar crisis went into a wider mode yesterday as the greenback was shockingly upstaged by the euro and yen, both of which can lay claim to the world title as the currency favored by central banks as their reserve currency.
Don't Confirm Bernanke Until the Fed is Audited: UnMaskTheFed.comRead the article. A new website (by new congressional hero Alan Grayson) makes it easy to contact senators to encourage delay of confirmation of Bernanke until the Federal Reserve is audited.
What's the difference between Organized Crime and Goldman Sachs and the Finance Industry in general?
Everything Is Bright and Sunny Again, Unless You Have to Work for a LivingEverything is bright and sunny again, unless you have to work for a living. The news here is less good. The economy lost more than 260,000 jobs in September, with the unemployment rate reaching 9.8 percent.
Alan Grayson And Ron Paul Ask Whether Bernanke Is "Fit To Serve" So anyway, sticking to the subject, here is the warranted list of information that Grayson and Paul have demanded to be produced by the Fed in order to evaluate whether or not the Chairman with a dollar deathwish deserves a second term:
A Bigger Bank Bust Is On The WayThis weekend is the one-year anniversary of the bailout. But the Daily Beast's Nomi Prins says the too-big-to-fail banks have only gotten bigger—and much worse could be on its way.
Mission Not Accomplished - Paul Krugman New York Times Op-Ed ColumnistStocks are up. Ben Bernanke says that the recession is over. And I sense a growing willingness among movers and shakers to declare "Mission Accomplished" when it comes to fighting the slump.
Volcker: Obama Plans Maintain 'Too Big To Fail'WASHINGTON — A top White House economic adviser says the Obama administration's proposed overhaul of financial rules preserves the policy of "too big to fail," and could lead to future bailouts.
Henry Paulson's Longest NightThe Reluctant Nominee Henry Paulson's memoir, On the Brink: Inside the Race to Stop the Collapse of the Global Financial System, will be published next month, and its appearance will reopen all the old debates over his tenure.
No Economic Recovery in Sight: More Financial Chaos AheadNo Economic Recovery in Sight: More Financial Chaos Ahead By Bob Chapman, The International Forecaster (reposted on DProgram.net)
Bernanke and Other Central Bankers As Saviors of Global Economies?One very clear lesson of the past year--no surprise, of course, to any student of economic history, but worth noting nonetheless--is that a full-blown financial crisis can exact an enormous toll in both human and economic terms.Correction: The first wave of a full-blown financial …
Embracing Bushonomics, Obama Re-appoints BernankeIn re-appointing Bernanke to another four year term as Fed chairman, President Obama completes his embrace of bailouts, easy money and deficits as the defining characteristics of his economic agenda.
David Gergen's Voice: Deficits: Why They Threaten Health Reform And What Obama Might DoDeficits of that magnitude would be extraordinarily dangerous and irresponsible for the country.....
Obama to name Bernanke to 2nd term as Fed chiefOAK BLUFFS, Mass., Aug 24 (Reuters) - U.S. President Barack Obama will nominate Ben Bernanke to a second term as chairman of the Federal Reserve on Tuesday as the economy shows signs of recovery, a senior administration official said on Monday
Obama to Nominate Bernanke to 2nd Term as Fed Chief - NYTimes.comPresident Obama plans to nominate Ben S. Bernanke to a second term as chairman of the Federal Reserve, administration officials said Monday night.The nomination, while expected, comes after Mr.
World Bankers Suggest Global Rebound May Be Under Way Central bankers from around the world expressed growing confidence on Friday that the worst of the financial crisis was over and that a global economic recovery was beginning to take shape.
Fed Audit Supported By 75% Of Americans: SurveyThe calls to audit the Federal Reserve have come fast and furious in the last few weeks.
Log In | Register
