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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 45-55
  • Stocks soar in 2013 as fear bubble pops

    When Wall Street finally stopped living in fear of another bust, the opposite happened: a market boom that propelled U.S. stocks to their biggest rally in at least 16 years. Share prices ended Tuesday with more gains, capping a stunning advance that...
  • 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...
  • Five things to watch for at Janet Yellen's confirmation hearing

    Five things to watch for at Janet Yellen's confirmation hearing
    WASHINGTON -- The last time Janet L. Yellen faced a Senate confirmation hearing, she shared the witness table with two other nominees for about 90 minutes, answered a handful of relatively mild questions and was on her way to an easy confirmation to be...
  • Yellen to tell senators Fed must do more to help economy recover

    Yellen to tell senators Fed must do more to help economy recover
    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...
  • Fed critics to use Yellen vote to advance audit bill

    Fed critics to use Yellen vote to advance audit bill
    WASHINGTON — The nomination of Janet L. Yellen to be the next Federal Reserve chair gives critics of the central bank something they rarely have: leverage to force some changes. As the Senate Banking Committee prepares for a confirmation hearing...
  • Janet Yellen defends Fed stimulus efforts at confirmation hearing

    Janet Yellen defends Fed stimulus efforts at confirmation hearing
    WASHINGTON -- Federal Reserve chair nominee Janet L. Yellen strongly defended the central bank's stimulus efforts under questioning at her Senate confirmation hearing Thursday, saying the controversial bond-buying program has helped the economy recover....