Ben Bernanke Stories
A list of the most recent stories about Ben Bernanke.
Bloomberg bars reporters from client activity
Financial data and news company Bloomberg LP says it has corrected a "mistake" in its newsgathering policies and cut off its journalists' special access to client log-in activity on the company's ubiquitous trading information terminals after Goldman Sachs complained about the matter last month. A person familiar with the matter ...
Bernanke says Fed increasing financial monitoring
The Federal Reserve has broadened its oversight beyond banks and now monitors a wide-range of financial institutions that could hasten another financial crisis, Chairman Ben Bernanke said Friday. Bernanke said the Fed is still monitoring banks and other systematically important financial institutions. But it has widened its scope to include ...
Futures rise, setting up solid gains for the week
Stock futures are rising and all major markets appear to be headed for solid gains this week. Dow Jones industrial futures are up 46 points to 15,090. The broader S&P futures have added 4 points to 1,628.60. Nasdaq futures are up 7.5 points to 2,965.50. The Dow rose above 15,000 ...
Buffett: Stocks still reasonable but bonds awful
Investor Warren Buffett said even though the stock market is soaring, prices appear reasonable, and stocks would be a better investment than bonds for most people. Buffett conducted interviews Monday on CNBC and the Fox Business Network cable channels after a weekend full of events in Omaha for Berkshire Hathaway ...
Solid job gains in April ease fears about economy
The U.S. economy showed last month why it remains the envy of industrialized nations: In the face of tax increases and federal spending cuts, employers added a solid 165,000 jobs in April — and far more in February and March than anyone thought. The hiring in April drove down the ...
ECB cuts benchmark interest rate to 0.5 percent
The European Central Bank cut its key interest rate to a record low 0.50 percent Thursday and announced other measures to spur lending and help lift the euro area out of a stubborn recession. The bank also extended its offer of unlimited, cheap loans to banks at least through July ...
Fed keeps stimulus, says taxes and cuts have hurt
The Federal Reserve cautioned America's political leaders Wednesday that their policies are hurting the economy. The Fed stood by its aggressive efforts to stimulate the economy and reduce unemployment. But it sent its clearest signal to date that tax increases and spending cuts that kicked in this year are slowing ...
No policy changes are expected as Fed ends meeting
The Federal Reserve is widely expected Wednesday to stick with its aggressive efforts to strengthen a still-subpar economy. The Fed will likely end a two-day meeting with a statement noting that job growth remains modest and that it's standing by its campaign to keep loan rates at record lows to ...
Fed likely to stick with low-rate stance this week
A combination of scant inflation and still-modest U.S. economic growth will likely lead the Federal Reserve this week to maintain its drive to keep borrowing costs at record lows indefinitely. The Fed has said it plans to keep its key short-term interest rate near zero at least until the unemployment ...
Recession doesn't change students' econ savvy
The Wall Street meltdown of 2008 and the ensuing recession did little to help make high school seniors financially savvy and less than half of them have a solid understanding of economics, according to an Education Department report released Tuesday. In real terms, that might mean that students might have ...
Bernanke to miss conference, hinting at departure
Ben Bernanke is intensifying speculation that this year will be his last as Federal Reserve chairman by deciding to skip the Fed's annual August conference in Jackson Hole, Wyo. Jackson Hole has long been a high-profile platform for speeches by Fed chairmen. Since taking over the Fed in 2006, Bernanke ...
World finance leaders issue sober assessment
World finance leaders issued a somber assessment on Saturday of the global economy, saying the recovery remains uneven with growth and jobs in short supply. The steering committee for the 188-nation International Monetary Fund issued a final communique that called for decisive action to bolster growth. However, the major economies ...
G-20 countries pledge stronger efforts
World finance leaders are pledging to pursue further actions to bolster a disappointingly weak global recovery. They also reaffirmed their commitment to avoid using their currencies as an economic weapon to gain unfair advantage in foreign trade. Finance ministers and central bank presidents from the leading rich and developing nations, ...
AP News in Brief at 5:58 a.m. EST
Residents west of Boston told 'stay home' amid search for bomb suspect, transit shut down WATERTOWN, Mass. (AP) — Police are locking down some neighborhoods in Boston and its western suburbs as they search for the remaining suspect in the marathon bombings. Authorities urged residents in Watertown, Newton, Waltham, Belmont, ...
Federal reserve chairman visits Fort Bliss
Federal Reserve Chairman Ben Bernanke made a visit to Fort Bliss on Thursday morning; the first time in history a Federal Reserve chairman has visited a military installation. Bernanke spent more than an hour reassuring soldiers on post that the economy does have the potential to stabilize, but he understands ...
Bernanke shows Fed's independence with Fort Bliss trip
A town hall meeting with Ben Bernanke and a group of military families discussing family finances wouldn't normally draw much notice. But for this particular event, the Federal Reserve chairman is venturing into Texas. And those who watch the Fed say the visit sends a message to Bernanke's critics: The ...
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