Bernanke answers Fed’s global critics
Federal Reserve Chairman Ben Bernanke defended the central bank on Sunday, insisting that its actions had not hindered economic growth in developing countries. Business and financial news – CNNMoney.com
Continue Reading →Fed’s Yellen sees possibility of more stimulus
Federal Reserve Vice Chair Janet Yellen has reiterated her view that further action by the central bank might be necessary to stimulate the sputtering U.S. economy. Business and financial news – CNNMoney.com
Continue Reading →Stocks jump after Fed’s low-rate pledge
U.S. stocks shaved early losses and ended higher Wednesday afternoon after the Federal Reserve said it plans to keep interest rates near historic lows through late 2014. Business and financial news – CNNMoney.com
Continue Reading →ANONYMOUS VS. FEDS
In one of the U.S. government’s largest anti-piracy crackdowns ever, federal agents on Thursday arrested the leaders of and shut down Megaupload.com, a popular hub for illegal file sharing. Business and financial news – CNNMoney.com
Continue Reading →Feds open safety probe of Chevy Volt
Federal safety regulators announced Friday that they have opened “a formal safety defect investigation” into the Chevrolet Volt over concerns the electric car’s battery may pose a significant fire risk. Business and financial news – CNNMoney.com
Continue Reading →The Fed’s unemployment hawks
Forget about inflation hawks. It’s the unemployment hawks who are quietly winning the debate at the Federal Reserve. Business and financial news – CNNMoney.com
Continue Reading →Gibson Guitar CEO fights the feds
Gibson Guitar CEO Henry Juszkiewicz is fuming. As he sees it, his company, the iconic maker of the Les Paul and Firebird X electronic guitars, is being unjustly attacked by the federal government. Business and financial news – CNNMoney.com
Continue Reading →FEDS PROBE TWITTER
The Federal Trade Commission has launched an investigation into Twitter, focusing on the company’s interactions with outside developers who build around its platform. Business and financial news – CNNMoney.com
Continue Reading →FED’S RISKY INFLATION FEAR
Business and financial news – CNNMoney.com
Continue Reading →Will oil force the Fed’s hand?
William McChesney Martin, Jr., the Federal Reserve chairman during the 1950s and 1960s, famously joked that it’s the job of the central bank to “take away the punch bowl just when the party is getting started.” Business and financial news – CNNMoney.com
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