| Dec 18, 2013
| 1:11 PM
Nothing like a little sugar to help investors swallow a bitter pill from the Fed.
The Federal Reserve's Open Market Committee announced Wednesday that it will finally start tapering its extraordinary efforts to stimulate the economy. Instead of printing...
| Dec 18, 2013
| 5:50 PM
WASHINGTON — The Federal Reserve took its first step toward curtailing its unprecedented efforts to boost the economic recovery — a sea change in policy that over time will result in interest rates drifting higher for businesses and...
| Dec 19, 2013
| 6:20 PM
WASHINGTON — Now that the Federal Reserve has started to ease a key economic stimulus, the reins of managing monetary policy to finish the job soon will be turned over to Janet L. Yellen, the central bank's vice chair.
She won't find it easy....
| Feb 25, 2014
| 11:03 AM
After eight years at the Federal Reserve, Ben Bernanke might have been ready for a vacation. But it's been less than a month since he stepped down as chair, and he's announced he's been planning a memoir. He expects to meet with publishers in the next...
| Oct 31, 2012
"When it comes to our foreign policy, you seem to want to import the foreign policies of the 1980s, just like the social policies of the 1950s and the economic policies of the 1920s," President Barack Obama told Mitt Romney in their final debate.
| 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...
| 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...
| 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...
| Jul 19, 2013
| 4:32 PM
Investors for years have poured money into bonds despite the low yields, viewing them as low-risk and reliable. The trend has been so dominant that some experts have warned of a so-called "safety bubble."
But after the Federal Reserve indicated that...
| Nov 27, 2012
| 10:53 AM
Floridians' consumer confidence fell in November after rising to five-year highs the previous two months, according to a University of Florida survey released Tuesday.
Blame the confidence drop on the election and worries that Washington won't come to...
| Sep 30, 2013
| 6:30 AM
After Chairman Ben Bernanke indicated that the Federal Reserve would likely slow down its purchase of government bonds, the stock, bond and commodities markets saw steep price declines. Unfortunately, the volatility is unlikely to stop.