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As stocks hit new highs, is the market overheating?
NEW YORK -- Wall Street will be watching Ben Bernanke's testimony before Congress on Wednesday, hoping the Federal Reserve chairman will offer clues as to when the central bank may begin turning off its spigot of easy money. Investors will also be...Tags: Prices, Virgin Group, Ltd., Stock Market, Money and Monetary Policy, Ben Bernanke
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Sen. Warren goads Fed, SEC, DOJ to explain no-fault bank deals
Sen. Elizabeth Warren, having chastised bank regulators for failing to put Wall Street giants on trial, is demanding to see any analyses that the U.S. Department of Justice, the Federal Reserve and the Securities and Exchange Commission have conducted...
Tags: Business Institutions, Elizabeth Warren, Parties and Movements, Economy, Business and Finance, Elisse Walter
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Bernanke says Fed increasing financial monitoring
WASHINGTON — 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 S. Bernanke said Friday. Bernanke said the Fed is still...Tags: Business Institutions, Barack Obama, Ben Bernanke, Economy, Business and Finance, Financial Markets
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Are your mortgage modification terms worth continuing payments?
Financially strapped homeowners who are close to foreclosure may want to face the music now rather than continuing to struggle with their monthly payments. There's a high probability of losing the house anyway, even with the government's help. According...
Tags: U.S. Department of the Treasury, Credit Ratings, Economy, Business and Finance, Financial and Business Services, Mortgages
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Bloomberg in damage-control mode over client snooping
Officials at Bloomberg, the New York financial news and information service, scrambled to deal with an unfolding customer privacy scandal after admitting its journalists had snooped on business clients for years through its network of terminals ubiquitous...
Tags: Thomson Corporation, Bloomberg L.P., Economy, Business and Finance, Journalism, Goldman Sachs Group, Inc.
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Europe could drop interest rate below zero on excess bank deposits
WASHINGTON -- The European Central Bank could reduce the interest rate it pays on excess bank deposits to below zero to boost growth in the recession-plagued region, a top official said. The comments over the weekend by Italian Central Bank chief...
Tags: Banking, Money and Monetary Policy, European Central Bank, Economy, Business and Finance, CNBC (tv network)
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Consumer prices fall 0.4% on cheaper gas
A sharp fall in the cost of gas drove a measure of U.S. consumer prices down last month by the most since December 2008. Outside the drop in fuel costs, prices were largely unchanged. The consumer price index fell 0.4 percent in April from March, the...Tags: Inflation and Deflation, Money and Monetary Policy, Productivity, Market and Exchange, Economy, Business and Finance
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Bloomberg CEO admits 'mistake' in snooping scandal
Bloomberg Chief Executive Daniel L. Doctoroff admitted that giving its journalists access to some subscriber information for its data terminals was "a mistake." The company went into damage control mode last week shortly after it disclosed that...
Tags: Bloomberg L.P., Goldman Sachs Group, Inc., News Media
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Sen. Rand Paul laying groundwork for possible presidential run
CEDAR RAPIDS, Iowa — If he runs for president, says Sen. Rand Paul (R-Ky.), he wants to be considered on his own merits. But when he brought his fledgling campaign to Iowa this weekend, there was no escaping the double-edged legacy of the man he's...
Tags: U.S. Department of State, Mitt Romney, Parties and Movements, Christopher Stevens, Satellite and Cable Service
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Letters: Sen. Warren speaks up
Re "Warren upends bankers, tradition," May 11 As the newest member of the Senate Banking Committee, Sen. Elizabeth Warren (D-Mass.) is a breath of fresh air. Finally, there's a voice in Washington for the people and a staunch advocate for consumers....Tags: Elizabeth Warren, Ben Bernanke, U.S. Senate Committee on Banking, Housing, and Urban Affairs
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Stock prices flat as manufacturing softens
A report of slowing manufacturing is getting the stock market off to weak start Wednesday. News that Europe's economic slump dragged France into a recession also weighed on markets. A half-hour after the opening bell, the Dow Jones industrial...
Tags: Stock Market, Earnings Forecasts, Financial Markets, Macy's, Deere and Company
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Lower energy and food costs fuel big drop in wholesale prices
WASHINGTON -- Big drops in the cost of food and energy pushed wholesale prices down 0.7% in April, the largest monthly decline in more than three years, the Labor Department said Wednesday. The slide in the producer price index, the largest since...
Tags: Prices, Energy
May 20, 2013
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May 14, 2013
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May 10, 2013
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May 10, 2013
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May 14, 2013
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May 13, 2013
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May 16, 2013
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May 13, 2013
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May 11, 2013
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May 15, 2013
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May 15, 2013
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May 15, 2013
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