| Oct 23, 2013
| 2:30 PM
After three weeks of political wrangling, the federal government is open and the debt ceiling has been increased. The good news/bad news is that there's a 90-day grace period before the next potential round of budget/debt ceiling debates. Now the fun...
| Oct 29, 2013
| 5:00 AM
WASHINGTON — The Federal Reserve has taken unprecedented steps to stimulate the economic recovery from the Great Recession, but the tab has risen to such tremendous proportions — fast approaching $4 trillion — that some worry the central...
| Oct 9, 2013
| 4:55 PM
WASHINGTON — Janet Yellen, President Obama's choice to head the Federal Reserve, comes to the post with more experience at the central bank than her predecessors and a career-long focus on the issue that remains at the center of public concern...
| Oct 30, 2013
| 11:11 AM
Russian President Vladimir Putin is the most powerful person in the world, outflanking President Obama, whose authority was damaged by the recent government shutdown and budget crisis, Forbes magazine reported Wednesday in its annual rankings of global...
| Jun 19, 2013
| 11:24 AM
WASHINGTON -- Federal Reserve policymakers said Wednesday that they would continue the central bank’s controversial bond-buying stimulus program and leave short-term interest rates near zero to help boost the economic recovery, which they said was...
| Aug 9, 2013
| 2:57 PM
WASHINGTON -- President Obama praised both Lawrence H. Summers and Janet L. Yellen as "highly qualified" to be the next Federal Reserve chief, but said he had a "range of outstanding candidates" and reiterated that he would not make a decision until the...
| Dec 26, 2012
Pull up an empty chair, folks. (Up to you whether to interrogate it.) It's time to take a look back at the year that was, politically speaking.
We won't know the 2012 word of the year until The American Dialect Society's annual conference next week....
| Jun 4, 2013
| 8:47 AM
The Duchess of Cambridge is the No. 1 beauty inspiration for women in Britain, according to a survey by beauty e-tailer Feel Unique. Thirty percent of those surveyed said they preferred to buy products used by the former Kate Middleton, compared with 15 %...
| Aug 7, 2013
| 7:28 AM
WASHINGTON -- The Bank of England on Wednesday said it would maintain its stimulus program until the unemployment rate falls to 7%, following the same strategy as the U.S. Federal Reserve in providing an explicit target for when it would raise interest...
| Jul 23, 2013
| 6:37 AM
WASHINGTON -- Half of economists in a poll released Tuesday said they expected the Federal Reserve to start tapering its monthly bond-buying purchases in September.
The percentage was up from last month, when 44% of economists in the survey by Bloomberg...
| Jun 28, 2013
| 7:15 AM
WASHINGTON -- The Federal Reserve doesn't have "unconditional optimism" about the economic recovery and won't pull back on stimulus efforts if conditions don't warrant it, a top central bank policymaker said Friday.
In prepared remarks to the Council on...