Fed again pledges to hold rates at record lows (3:04 p.m. 11/4/09)
By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — With the recession apparently over, the Federal Reserve on Wednesday held a key interest rate at a record low and again pledged to keep it there...
View ArticleBernanke: Fed will keep eye on sliding dollar (1:46 p.m. 11/16/09)
By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke on Monday said the central bank will keep a close eye on the sliding U.S. dollar even as he pledged anew...
View ArticleWholesale inflation up less than expected in October (8:11 a.m. 11/17/09)
By CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) — Wholesale prices rose less than expected in October as the weak economy keeps inflation pressures largely in check. Federal Reserve...
View ArticleFactory production dips; wholesale inflation muted (1:59 p.m. 11/17/09
By JEANNINE AVERSA and MARTIN CRUTSINGER AP Economics Writers WASHINGTON (AP) — A decline in factory production in October signals that consumers and businesses remain cautious in their spending, with...
View ArticleNew jobless benefit claims unchanged last week (8:31 a.m. 11/19/09)
WASHINGTON (AP) — The number of newly laid-off workers seeking unemployment insurance was unchanged last week, remaining above the level that would indicate the economy is adding jobs. Still, new...
View ArticleAmericans save more but earn less as rates fall (8:42 a.m. 11/21/09)
By STEVENSON JACOBS AP Business Writer NEW YORK (AP) — The U.S. is finally becoming a nation of savers. Now if only we could get something for our money. Interest rates are sinking to near zero for the...
View ArticleFed: Super-low rates could fuel speculative bubble (2:41 p.m. 11/24/09)
By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — The Federal Reserve doesn’t expect the recovery will be strong enough to quickly drive down the jobless rate, and acknowledged its efforts to...
View ArticleFew signposts mark the road to economic recovery (4:02 p.m. 11/29/09)
By TOM RAUM Associated Press Writer WASHINGTON (AP) — The road from recession to recovery is rarely smooth, straight or short. It comes with detours, forks and even dead ends. And sometimes surprises....
View ArticleFed moves to drain some money out of economy (2:19 p.m. 11/30/09)
By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — The Federal Reserve is fine-tuning a strategy to reel in some of the unprecedented amount of money that’s been pumped into the economy during...
View ArticleFed survey finds recovery gaining momentum (1:33 p.m. 12/2/09)
By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — The economic recovery gained traction in the late fall as shoppers spent a bit more and factories bumped up production, according to a Federal...
View ArticleNovember jobless rate falls to 10 percent (8:11 a.m. 12/4/09)
By CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) — The unemployment rate unexpectedly fell to 10 percent in November as employers cut the smallest number of jobs since the recession began....
View ArticleFed expected to leave rates at record low (8:03 a.m. 12/15/09)
By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — The Federal Reserve is expected to leave interest rates at a record low this week. The big question is whether Chairman Ben Bernanke and his...
View ArticleFed to strike upbeat note on economy (11:01 a.m. 12/16/09)
By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — Focused on keeping the recovery going and driving down double-digit unemployment, the Federal Reserve is poised to leave interest rates at a...
View ArticleSome Fed officials conflicted on mortgage program (2:44 p.m. 1/6/10)
JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — Some Federal Reserve policymakers last month were conflicted over whether to expand or cut back a program intended to drive down mortgage rates and...
View ArticleBernanke outlines stimulus exit plan (2:21 p.m. 2/10/10)
By Jeannine Aversa AP Economics Writer Washington — Federal Reserve Chairman Ben Bernanke began Wednesday to outline the central bank’s strategy for reeling in stimulus money once the economic recovery...
View ArticleBernanke: Record-low rates still needed (11:42 a.m. 2/24/10)
By Jeannine Aversa AP Economics Writer Washington — Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that record-low interest rates are still needed to ensure that the economic recovery...
View ArticleEmployment data lift hopes, but where are the jobs?
By CHRISTOPHER S. RUGABER and JEANNINE AVERSA AP Economics Writers WASHINGTON (AP) — At last, the unemployment crisis seems to be easing. That’s the good news. The bad news? Job creation remains scant...
View ArticleJobless claims rise for second straight week
By JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — The number of newly laid off people signing up for unemployment benefits rose sharply for the second straight week, suggesting that jobs are...
View ArticleCompanies add 67K workers, but jobless rate rises
By CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) — Private employers hired more workers over the past three months than first thought, lifting hopes for the weak economy ahead of the Labor...
View ArticleFed boss: Regulators looking into foreclosure mess
By ?JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — Federal banking regulators are examining whether mortgage companies cut corners on their own procedures when they moved to foreclose on...
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