| Oct 9, 2013
| 12:25 PM
WASHINGTON -- Janet Yellen, President Obama’s choice to head the Federal Reserve, comes to the post with more years and a wider range of experience at the central bank than her predecessors and a career-long focus on the issue that remains at the...
| Dec 27, 2013
| 10:58 AM
Some 1.3 million Americans will lose unemployment benefits on Saturday as the federal program to assist the long-term unemployed expires. Here are six things to know about who is affected and why the benefits are going away.
Q: Who will lose benefits?...
| Nov 13, 2013
| 2:35 PM
WASHINGTON -- The Federal Reserve has helped the nation rebound from the Great Recession, but there still is more work to be done to reduce unemployment and get the economy back on track, Fed chair nominee Janet L. Yellen will tell senators at her...
| Nov 16, 2013
| 7:31 AM
WASHINGTON -- Former Secretary of the Treasury Timothy F. Geithner is becoming a financial industry executive, taking a high-level job with the private-equity firm Warburg Pincus, the firm announced Saturday.
Geithner, who was a major player in the...
| Oct 3, 2013
Much is in flux in Washington this week. But two important realities have remained constant, whether certain elements in the GOP accept them or not: We must not default on the federal debt, and we shouldn't wait until we're on the brink of default to...
| Oct 25, 2013
For months it was a matter of intense speculation: Who would President Obama nominate to chair the Federal Reserve? Now that he has named Janet Yellen, currently the Fed's vice chair and an exceptionally well-qualified candidate, maybe we can move on to...
| Oct 28, 2013
Fed Chairman Ben S. Bernanke could not have been more precise about the projected cutbacks in the monthly $85-billion bond-buying program. He said in December that the Fed would continue the program until the national unemployment rate fell to 6.5%. And...
| Feb 27, 2014
| 5:29 PM
WASHINGTON — The Federal Reserve is trying to figure out how much of the recent economic slowing was caused by the harsh winter weather, a determination that could prompt it to reconsider how fast it pulls back on its key economic stimulus.
| Nov 5, 2013
| 6:54 AM
WASHINGTON -- Lael Brainard, the Treasury department's top official in dealing with global financial issues, will step down this week amid speculation she could be nominated to the Federal Reserve Board.
Brainard has served as undersecretary for...
| Sep 20, 2013
| 7:33 AM
California employers added 29,100 payroll jobs in August, posting one of the largest job gains in the nation but the unemployment rate still ticked up to 8.9% from 8.7% the month before, the U.S. Bureau of Labor Statistics reported Friday.
| Feb 24, 2014
| 3:30 PM
Former Federal Reserve Chairman Ben S. Bernanke first gained prominence writing about the Great Depression. Now he plans a memoir to defend how he and other officials battled the biggest crisis and economic downturn since then.
“I'd like to be...