| Apr 29, 2014
| 8:10 AM
The Senate Banking Committee confirmed the nomination of Stanley Fischer, the former president of the Bank of Israel, for the Federal Reserve's No. 2 job and also approved two other nominees to fill seats on the central bank's short-handed board....
| Apr 3, 2014
| 9:27 AM
WASHINGTON -- Federal Reserve Governor Jeremy C. Stein plans to step down next month, creating another vacancy on the central bank's already short-handed board.
Stein, 53, a Harvard economist and former Obama administration advisor, has served on the...
| May 15, 2014
| 9:30 AM
Former Treasury Secretary Timothy F. Geithner never seemed to fit in the nation’s capital. And he knew it.
He begins his memoir, “Stress Test: Reflections on Financial Crises,” by admitting that he was “an unorthodox choice&...
| May 14, 2014
| 6:20 PM
Stock prices are near all-time highs, but the real place to be this year is the bond market.
To the surprise of many on Wall Street, the long-underestimated fixed-income market is quietly outperforming its equity counterpart.
Many investors expected...
| May 19, 2014
| 12:07 PM
Tim Geithner's valuable career as a civil servant culminated in four high-powered years as Treasury secretary. His recent book about those experiences captures the traumas and tensions of the financial crisis.
He rightly takes credit for what most...
| May 21, 2014
| 6:25 PM
Stanley Fischer, the former Bank of Israel head picked by President Obama for the No. 2 job at the Federal Reserve, won Senate confirmation Wednesday to become a member of the Fed's board of governors.
The 68-27 vote in favor of Fischer means he will...
| May 7, 2014
| 9:02 AM
If there's one thing Federal Reserve chairmen are sensitive to, it's timing. So when W.W. Norton chose this week to announce a forthcoming book by former Fed Chairman Ben Bernanke, which it dubs "the ultimate insider's memoir of the global financial...
| Jul 17, 2014
There is a point at which firmness of conviction becomes obstinacy, and there is a point at which obstinacy becomes comedy. The latter was on spectacular view the other day when a prominent inflation hawk self-destructed on national TV.
| Jun 18, 2014
| 6:16 PM
The Federal Reserve seemed to give investors and the business world just about everything they wanted to hear.
The Fed endorsed the view that the sharp contraction in the first quarter was a blip: The economy has rebounded from the weather-related...
| Jun 11, 2014
| 3:42 PM
David Brat, who scored a huge political upset with his primary election defeat of House of Representatives Majority Leader Eric Cantor, is a conservative Tea Party Republican and a college professor who has written about the role of religion in economic...
| Aug 18, 2014
| 11:02 AM
Federal Reserve Chair Janet Yellen has a stubborn warning light blinking on her labor market dashboard: A group of Americans larger than Washington state's population can find only part-time work.
As Yellen heads to this week's Fed symposium in...