US Finance

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Bernanke to outline exit path to skeptical Congress

Thursday, March 17th, 2011

Ben Bernanke may have cleared the hurdles to his confirmation for a second term as Federal Reserve chairman, but that does not mean lawmakers will be any friendlier to him at high-profile hearings on Wednesday and Thursday.

Strong growth in Q4 likely to slow throughout 2010

Thursday, March 17th, 2011

Don’t count on the economic growth spurt at the end of 2009 to carry into this year.

Global factories enjoy bumper February

Thursday, March 17th, 2011

Factories around the world enjoyed a bumper February with business surveys showing the manufacturing sector in major economies continued to lead an economic recovery, despite a slowdown in some growth rates.

Fed’s Hoenig: zero-rate pledge invites speculation

Thursday, March 17th, 2011

A senior Federal Reserve official said on Tuesday that an extended period of ultra-low U.S. interest rates invites speculative behavior and is risky.

Lone holdout gives in, Senate OKs jobless benefits

Thursday, March 17th, 2011

Putting a lone senator’s cantankerous challenge behind it, the Senate is back to work on a $100 billion-plus bill reviving popular tax breaks and extending longer and more generous jobless benefits through the end of the year.

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