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The Florida Democrat who said Republicans want sick people to "die quickly" is again drawing criticism for his harsh rhetoric, this time for making derogatory remarks about a senior Federal Reserve adviser in a radio interview. ...more
October 27, 2009
The Federal Reserve delivered a vote of confidence in the economy Wednesday, saying it would slow the pace of an emergency rescue program as the recession appears to be ending. ...more
August 13, 2009
The Obama administration on Thursday unveiled a sweeping overhaul of the financial system designed to impose greater regulation on major players like hedge funds. ...more
March 26, 2009
As they prepare to open a two-day meeting Tuesday, Federal Reserve policymakers are weighing whether to launch new programs or expand existing ones to spur lending, get Americans spending again and lift the country out of recession. ...more
March 16, 2009
After a dismal start to 2009, business people see more pain ahead, expecting no improvement in economic conditions till late this year at the earliest. ...more
March 5, 2009
Federal Reserve Chairman Ben Bernanke has given Wall Street a double dose of reassurance. Now it's President Barack Obama's turn. ...more
February 24, 2009
WASHINGTON - Brace yourself: The recession is projected to worsen this year. The country stands to lose a sizable chunk of economic activity in 2009 as consumers at home and abroad retrench in the face of persistent economic troubles. And the U.S. unemployment rate - now at 7.6 percent, the highest in more than 16 years - is expected hit a peak of 9 percent this year. ...more
February 23, 2009
With the country stuck in a painful recession, the Federal Reserve is widely expected to keep its key interest rate at an all-time low this week and examine other unconventional ways to lift the economy. ...more
January 26, 2009
Back in the early 1990s, when Fed Chairman Alan Greenspan was still considered "the Maestro," I asked him what he thought of the Reagan administration's economic program. I anticipated a discussion of 1980s tax and interest rate policy. That's not what I got. ...more
January 18, 2009
Federal Reserve officials are throwing everything they have into the fight to stabilize financial markets and restore economic growth. In the process, the Fed balance sheet is ballooning to $3 trillion, if not more. ...more
December 6, 2008
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