| Aug 23, 2013
| 7:26 AM
WASHINGTON -- A top Federal Reserve official said Friday that he would support a reduction in the central bank's stimulus efforts in September if economic data continue to show the recovery proceeding at a moderate pace.
Dennis Lockhart, president of...
| Aug 23, 2013
| 4:43 PM
As the Federal Reserve weighs an imminent cut in its extraordinary economic stimulus, many outside the United States are pleading with the Fed: "Would you consider the impact on us too?"
That essentially was the message Friday from the head of the...
| Sep 3, 2013
| 6:27 PM
WASHINGTON — For the first time in several years, the annual G-20 summit won't be dominated by the Eurozone's debt troubles. But that may be little comfort to world leaders gathering this week in St. Petersburg, Russia.
In addition to sharp...
| Sep 5, 2013
| 5:22 PM
ST. PETERSBURG, Russia — Even as European Union leaders at the G-20 summit here crowed about a reviving Eurozone, the head of the European Central Bank said he didn't share their optimism.
In somber remarks, ECB President Mario Draghi said he...
| Sep 6, 2013
| 6:04 PM
ST. PETERSBURG, Russia — After two days of summit meetings here, President Obama and other world leaders signed a lengthy declaration of prescriptions for the global economy, including pledges that placed a renewed emphasis on creating jobs as...
| Sep 9, 2013
| 7:00 AM
WASHINGTON -- With the Federal Reserve Board facing the potential departure of all its women members, President Obama reportedly is considering nominating a top female Treasury official, Lael Brainard, to fill one of the seats.
| Sep 13, 2013
| 7:16 AM
WASHINGTON -- A majority of economists and investors expect the Federal Reserve to begin scaling back a key stimulus program next week, according to two polls.
Two-thirds of economists polled by the Wall Street Journal said they expected the...
| Sep 13, 2013
| 11:32 PM
The 2008 financial crisis and its aftermath introduced Americans to a new world of financial jargon and acronyms.
•Subprime: That was the banking industry's designation for mortgages made to borrowers with shaky credit. As the housing...
| Sep 16, 2013
| 7:27 AM
WASHINGTON -- With Lawrence H. Summers removing himself from consideration to be the next Federal Reserve chairman, Janet L. Yellen becomes the acknowledged front-runner for the vital economic policy position.
But President Obama still could go...
| Sep 17, 2013
Federal Reserve Chairman Ben S. Bernanke has presided over what may be the Fed's most aggressive intervention in the U.S. economy ever, acquiring trillions of dollars worth of securities in a multiyear effort to revive the sluggish economy. With...
| Sep 18, 2013
| 7:13 AM
WASHINGTON -- Is it taper time for the Federal Reserve?
That's the key question as the financial and economic worlds await the end of the central bank's policymaking meeting Wednesday and Fed Chairman Ben S. Bernanke's quarterly news conference.