Federal Reserve’s Bernanke Lists Good News For Economy
(USA Today) — Federal Reserve Chairman Ben Bernanke on Wednesday moved to ease market jitters over financial turmoil in Europe, suggesting that any harm to the U.S. economy should be “modest” and that...
View ArticleNew Credit Card Rules From the Federal Reserve
(NY Times) — As part of its continuing efforts to carry out the credit card legislation that President Obama signed last year, the Federal Reserve announced a few new tweaks today. First, late fees,...
View ArticleSmall-Business Lending Is Down, but Reasons Still Elude the Experts
(New York Times) — The chairman of the Federal Reserve urged banks and regulators on Monday to help the nation’s small businesses get the loans they needed to create jobs. He also acknowledged that...
View ArticleBank Earnings May Offer Short Reprieve
(Smart Money) — Investors may not reserve judgment. Bank of America and Citigroup are among the companies scheduled to release their quarterly results Friday. JPMorgan Chase was the first to release...
View ArticleInterest Rates and House Prices: A Murky World
(New York Times) — Did the proliferation of low-down-payment, low-documentation loans cause the housing bubble? Last week, I discussed one core problem with answering that question — we don’t really...
View ArticleFed’s $2 Trillion May Have Small Impact on Jobs
(Washington Post) — For $2 trillion, Federal Reserve Chairman Ben S. Bernanke may buy little improvement in growth, employment or inflation over the next two years. Firms with large-scale models of...
View ArticleFed Unveils Consumer Guide To Credit Scores Ahead Of New Rules
(Wall Street Journal) — The U.S. Federal Reserve unveiled an online consumers’ guide to credit scores and credit reports. The straight-forward guide includes the basics: What a credit score is, how it...
View ArticleBanks Pin Revenue Hopes on Prepaid Cards
(Wall Street Journal) — Big banks may soon start pushing a different type of plastic to their customers. Financial institutions such as U.S. Bancorp, Wells Fargo & Co. and Bank of America Corp....
View ArticleMore Stimulus May Be on the Way
(AP) — Federal Reserve Chairman Ben Bernanke said Wednesday that the central bank is prepared to provide additional stimulus if the current economic lull persists. Delivering his twice-a-year economic...
View ArticleLegally, President Obama Can Create a $1 Trillion Platinum Coin To Solve Our...
Maybe instead of a $1 trillion coin, $25 billion denominations?
View ArticleHere’s The New $100 Bill That Will Be Decorating Your Wallet
New money. Still hard to get.
View ArticleShe’s All About The Money! Janet Yellen Is Our First Female Federal Reserve...
She's being bumped up from vice chair. Ben Bernanke is ending his tenure at the end of the month.The post She’s All About The Money! Janet Yellen Is Our First Female Federal Reserve Chief appeared...
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