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Central Bank

A collection of news and information related to Central Bank published by this site and its partners.

Top Central Bank Articles

Displaying items 23-33
  • Stock market notches its best year since 1995

    NEW YORK — Wall Street closed out an epic year with the stock market's best performance since 1995, fattening the retirement accounts for a generation of Americans crushed by the financial crisis just five years ago. The 27% gain in the Dow...
  • Janet Yellen expected to be confirmed by Senate as Fed chief Monday

    Janet Yellen expected to be confirmed by Senate as Fed chief Monday
    WASHINGTON -- Senators on Monday are expected to confirm Janet L. Yellen as the next head of the Federal Reserve, scheduling a late afternoon vote that could be the closest ever for a leader of the central bank. Yellen, 67, a former UC Berkeley...
  • Scientists experiment with money laundering

    Scientists experiment with money laundering
    Got some dirty money to launder? Well, Rhode Island scientists say they've devised a method of washing human grease, microbes and motor oil from the world's banknotes using supercritical fluid. Each year, the world's governments shred roughly 150,000...
  • Obama to nominate Stanley Fischer, 2 others to Federal Reserve seats

    Obama to nominate Stanley Fischer, 2 others to Federal Reserve seats
    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....
  • Obama to nominate Stanley Fischer, two others to Fed seats

    Obama to nominate Stanley Fischer, two others to Fed seats
    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 others for seats on the central bank's Board of Governors, the White House said. Lael...
  • Global economic growth is expected to speed up this year

    WASHINGTON — After a long and lumpy recovery, the world economy may finally be at a turning point with global growth expected to accelerate this year behind the rising strength of the U.S. and other major developed countries. But world finance...
  • Pimco's Gross warns easy-money policies increase global economic risk

    Pimco's Gross warns easy-money policies increase global economic risk
    WASHINGTON -- Easy-money policies by the Federal Reserve and other central banks have left the U.S. and other economies "increasingly at risk," bond guru Bill Gross warned. The co-chief investment officer at Pacific Investment Management Co., or Pimco,...
  • Stocks skid for third straight day; Dow drops below 16,000

    Stocks skid for third straight day; Dow drops below 16,000
    The stock market suffered its first three-day losing streak since late September, an indication that share prices may have gotten ahead of themselves in this year's furious rally. The Dow Jones industrial average slid below 16,000 as portfolio...
  • Fed's 'beige book' reports modest to moderate economic growth

    Fed's 'beige book' reports modest to moderate economic growth
    Regional economies throughout the country got a boost from manufacturing and the housing recovery this fall, but overall the nation's economic growth was modest to moderate.  Manufacturing, which expanded in most regions of the country, was led by gains...
  • Economic recovery outlook improves after government shutdown

     Economic recovery outlook improves after government shutdown
    WASHINGTON — The nation's economic recovery, seemingly stuck in another pothole after the 16-day federal government shutdown, now looks to be back on track again — and accelerating into the new year. Recent data, especially this week, have...
  • Bitcoin's value tumbles after China moves to limit its use

    Bitcoin's value tumbles after China moves to limit its use
    Chinese authorities on Thursday instructed the country's banks and other financial institutions not to accept bitcoin, an unregulated digital currency that has soared in value amid widespread speculation, state media reported. China's central bank and...