- Gaza militants fire large rocket barrage at Israel
- CBO chief: Projected job loss numbers from minimum wage hike are fluid
- Rep. Rangel: ‘No question’ Harlem explosion is result of gas leak, not terrorism
- Dog left in car blasts horn for 15 minutes
- DCCC chair hopes Alex Sink will run again in November
- U.S., allies threaten ‘further action’ against Russia
- Obama to order businesses to hike overtime pay for salary workers
- Last laugh: Marine vet fires off jokes from the grave with own obituary
- Deportations come mostly from border, DHS chief says
- NATO sends surveillance planes to watch Ukraine
Latest Ben S Items
Top Federal Reserve officials are prodding the White House and Congress to take more aggressive action to stop the free-fall in the housing market, warning that the U.S. economy will remain sluggish and vulnerable and will not fully recover until housing returns to better health.
The minutes of the Dec. 13 meeting of the Federal Reserve Board of Governors revealed the Fed is adopting the strategy of being more transparent when communicating its intent on the movement of short-term interest rates.
Consumer confidence is at the highest level it's been since the recession officially ended in February. Many financial analysts share the optimistic outlook. An Associated Press poll of economists projected higher growth for the U.S. economy in 2012. The bad news is that the positive growth figure is contingent on Europe's economic situation remaining relatively stable - and that's not likely.
The U.S. has stayed uncharacteristically distant as European nations struggle with their long-running debt crisis, creating an opening for big emerging nations such as China and Brazil to move to center stage in world economic affairs.
Anyone looking at the chart of the S&P 500 over the past few weeks and thinking to themselves "Holy cow" or "Boy, that is a roller coaster for the brave of heart."
Federal Reserve Chairman Ben S. Bernanke on Thursday tried to reassure U.S. soldiers, a group hit hard by high unemployment, that the Fed is working to strengthen the economy.
Federal Reserve Chairman Ben S. Bernanke said Wednesday that small businesses are still struggling to get loans more than two years after the recession ended. He said banks could help small businesses by easing lending standards.
Fewer people applied for unemployment benefits last week, a hopeful sign that the job market might be picking up.
"I'd prop him up and put a pair of dark glasses on him and keep him as long as I could."