Regulators Proposing Stricter Rules For 'Too Big To Fail' BanksRegulators want to require eight of the largest U.S. banks to meet a stricter measure of health to reduce the threat they pose to the financial system.
Number Of Americans Quitting Their Jobs Rises, Sign Of Economic ConfidenceMore Americans are quitting their jobs, suggesting many are growing more confident in the job market.
Bernanke Avoids Economic Talk In Speech To GraduatesBen Bernanke gave the graduating class of Princeton University one of the more unusual speeches for a Federal Reserve chairman: He quoted everyone from Lily Tomlin to Forrest Gump and scarcely mentioned economics.
Federal Reserve Ends Meeting, No Policy Changes ExpectedThe Federal Reserve is widely expected Wednesday to stick with its aggressive efforts to strengthen a still-subpar economy.
Bernanke Leaving? Fed Head Skipping Conference Intensifies SpeculationBen Bernanke is intensifying speculation that this year will be his last as Federal Reserve chairman by deciding to skip the Fed's annual August conference in Jackson Hole, Wyo.
Looking To Avoid 'Too Big To Fail' Scrutiny, Banks Set To Announce Earnings As big financial institutions like Goldman Sachs and JPMorgan Chase get set to report earnings over the next week, they are under pressure to show investors they can correct mistakes from the financial crisis and still post big profits. While profitable of late, there are worries that the recent run-up in earnings is just masking the problems.
Nearly 340,000 Seek Weekly US Unemployment Benefits, A 5-Year Record LowThe number of people seeking U.S. unemployment aid barely changed last week, and the average over the past month fell to a fresh five-year low. The decline in layoffs is helping strengthen the job market.
Federal Reserve Projects High Unemployment Into 2015The Federal Reserve foresees unemployment remaining high into 2015, suggesting it will keep short-term interest rates near record lows at least until then.
Buffett: 'Banks Will Not Get This Country In Trouble'Billionaire Warren Buffett says American banks are stronger than they've been in years, and won't derail the economy.
Bernanke: Banks' Overly Tight Lending Standards May Be Hold Back EconomyFederal Reserve Chairman Ben Bernanke said Thursday that banks' overly tight lending standards may be holding back the U.S. economy by preventing creditworthy borrowers from buying homes.
Bernanke Warns Congress: Don't Change Law To Review Fed's Policy DiscussionsChairman Ben Bernanke offered a sharp defense Monday of the Federal Reserve's bold policies to stimulate the weak economy, while cautioning Congress to respect its private discussions.
Romney: Bernanke Showing That Obama Is Wrong On The EconomyRepublican Mitt Romney is trying to shift the focus of the presidential campaign away from anti-American violence overseas and back to the economy, accusing President Barack Obama of ignoring Chinese trade violations and pointing to a new Federal Reserve effort to bolster the economy as evidence of Obama's weak policies.
Opinion: Auto And Bank Bailouts Prove EffectiveOn Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
US Jobless Claims Plunge To Lowest In 4 Years The number of people seeking U.S. unemployment benefits plunged last week to the lowest level in four years.
Federal Reserve Approves Chinese Takeover Of American BankThe Federal Reserve has for the first time given approval for a large Chinese bank to purchase a U.S. bank. It also gave approval to two other large Chinese banks to expand their operations in the United States.