| Feb 21, 2014
| 8:24 AM
WASHINGTON -- The Federal Reserve on Friday released transcripts of its 2008 meetings when central bank policymakers were grappling with the financial crisis.
The transcripts from official Federal Open Market Committee sessions are made public after...
| Dec 11, 2013
| 8:12 AM
WASHINGTON -- Clear communication from Federal Reserve officials could reduce the risk to developing economies when the central bank starts reducing a key stimulus program, the head of the World Bank said.
Developing nations saw their borrowing costs...
| Feb 12, 2014
| 8:27 AM
WASHINGTON -- Reflecting concerns that government settlements with big banks haven't been tough enough, two Democratic lawmakers want the Federal Reserve board to approve all major enforcement actions.
Sen. Elizabeth Warren of Massachusetts and Rep....
| Dec 18, 2013
| 6:38 AM
WASHINGTON -- The Federal Reserve's last chance this year to reduce a key stimulus program comes Wednesday when central bank policymakers wrap up a two-day meeting and Chairman Ben S. Bernanke holds his last scheduled news conference before stepping...
| Jan 10, 2014
| 8:35 AM
WASHINGTON -- President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two other people for seats on the central bank's Board of Governors, the White House said Friday....
| Dec 27, 2013
| 5:27 PM
Wall Street had plenty of reasons to think 2013 would go miserably for the stock market — what with a lackluster global economy, the U.S. government shutdown, Syria's civil war, the Obamacare fiasco and Miley Cyrus.
Instead, we're on track for a...
| Sep 23, 2013
| 6:49 AM
WASHINGTON -- Former President Bill Clinton said the harsh criticism of Lawrence H. Summers that led to his withdrawal from consideration to be the next Federal Reserve chairman was inaccurate and that the former Treasury secretary did not excessively...
| Dec 25, 2013
| 2:30 AM
Wrapping up the year in one column is tough, but let's give it a try. Although the financial industry likes to think that the center of the universe is located somewhere between lower Manhattan and the hedge fund enclave of Greenwich, CT, most of 2013 was...
| Dec 27, 2013
| 2:30 AM
By Ilyce Glink and Samuel J. Tamkin
The New Year is always a time for Americans to vow to eat less and save more. After all, who doesn't want to be thinner and richer next year?
But a tradition of this column is to offer New Year's resolutions for...
| Nov 13, 2013
| 7:16 AM
WASHINGTON -- Former Treasury Secretary Lawrence H. Summers, who was the perceived front-runner to be the next Federal Reserve chief until he pulled out in the face of liberal opposition, predicted Wednesday that nominee Janet L. Yellen would be a...
| Mar 4, 2014
| 7:42 AM
Although the Federal Reserve has been criticized for its unprecedented efforts to fight the 2008 financial crisis, former Fed chief Ben S. Bernanke said Tuesday the central bank could have done more.
"Although we have been very aggressive, I think on...